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WFES

Summit opens with welcome moves for sustainable energy, but stark realities too

Vivien Foster's picture

French President François Hollande put his country on the Sustainable Energy for All train here at the World Energy Future Summit yesterday, affirming France's support for the initiative, whose advisory board is co-chaired by World Bank President Jim Yong Kim and UN Secretary-General Ban Ki-moon. In a speech devoted to the theme of preparing for the "après pétrole" era, Hollande highlighted three steps: first, create international funds for renewable energy investment pooling resources from petroleum exporting and importing countries; second, radically rethink our model of urbanization to make it less energy intensive; and third, secure a Global Climate Change Agreement for 2015, France stands ready to host the CoP and facilitate an agreement.