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The International Energy Agency says the world needs to spend trillions of dollars more on new sources of clean energy, warning 2021 is set to see the second biggest increase in CO2 emissions ever. The intergovernmental body estimates that in order to combat climate change, spending on clean energy sources - such as wind and solar generated - will need to reach four trillion dollars a year by 2030.

The news comes ahead of a key global gathering in the Scottish city of Glasgow which will try to put a brake on a number of pressing issues related to climate change.

May Boeve is Executive Director of the international climate campaign group, 350.org:

鈥淓verybody knows what鈥檚 at stake. There is absolutely no doubt. We have to see what is going to break this institutional inertia. We believe the way to combat inertia is to create momentum. And we see momentum everywhere around the world despite the pandemic.

鈥淪ocial movements are having enormous wins in changing political odds and that鈥檚 what we think will turn the tide in the lead up to Glasgow. And politicians will undoubtedly feel the heat. The question is will they be willing to do what is necessary and really take risks.鈥�

(Pic: Climate change activists in Australia; Credit: Reuters)

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