World Bank President Jim Yong Kim attends a joint press conference with UN Secretary-General Ban Ki-moon (not in picture) at the UN headquarters in New York, on Nov. 27, 2013. The United Nations and the World Bank on Wednesday announced a concerted effort by governments, international agencies, civil society and the private sector to scale up financing to provide sustainable energy for all, with UN Secretary-General Ban Ki-moon calling for massive new investments in the face of a rising "global thermostat." (Xinhua/Niu Xiaolei)

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UN, World Bank outline plans to mobilize financing for sustainable energy for all

UNITED NATIONS, Nov. 27 (Xinhua) -- The United Nations and the World Bank on Wednesday announced a concerted effort by governments, international agencies, civil society and the private sector to scale up financing to provide sustainable energy for all, with UN Secretary-General Ban Ki-moon calling for massive new investments in the face of a rising "global thermostat."

Ban and Jim Yong Kim, president of the World Bank Group, made the announcement to the press here after they co-chaired a meeting of the Advisory Board of the Sustainable Energy for All initiative, during which Ban called for action in four areas: finance, energy access, energy efficiency and renewable energy.Full story