The United Nations will call on Monday for 2% of worldwide income to be invested in the green economy, a move it says would boost jobs and economic growth.
The call is expected to be matched by statements of support for low-carbon investment from heads of state including President Barack Obama of the US and Hu Jintao of China, and several chiefs of multinational companies.
An investment of 2% of global GDP would more than pay for itself in the form of millions of new jobs, the development of new industries, health benefits from cleaner air, energy efficiency savings and a reduction in greenhouse gas emissions, the UN is expected to say.
To read the full, original article click on this link: Green economy needs 2% of every nation's income, says UN | Environment | The Guardian
Author: Fiona Harvey