UN chief Antonio Guterres on Wednesday outlined what amounts to a global Marshall Plan for ushering in a world powered by renewable energy rather than coal, gas and oil.
"The Secretary-General believes that the conversation around intellectual property should happen because we are in a crisis," the UN official said. The UN chief's five-point plan to"jump-start" a renewables boom also called for scaling-up and diversifying the supply of critical components and raw materials, such as rare Earth metals.
Expanding renewable capacity is forecast to account for almost 95 per cent of the increase in global electricity through 2026, according to the International Energy Agency .
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