At the launch of the latest report by the Intergovernmental Panel on Climate Change (IPCC), on the mitigation of climate change, the UN Secretary-General called for an urgent shift of investments and subsidies from fossil fuels to renewable energy, warning that investing in new fossil fuels infrastructure is ¡°moral and economic madness.¡± The report sets out viable, financially sound options in every sector that can keep the possibility of limiting warming to 1.5 degrees alive.
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