Hollande calls for investments in the green economy, pact addressing poverty

Economic Indicators Associated Press

French President Francois Hollande is calling for investments in green technology as a way to fight both global warming and poverty.

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Hollande, who will host the next crucial round of climate talks, called for "huge investment in the green economy" as he and other world leaders kicked off a year of campaigning to clinch twin deals addressing climate change and poverty.

The interconnected themes took center stage Friday at the World Economic Forum in Davos with urgent calls for nations to support two long-sought deals.

One, slated for talks in September in New York, would establish sustainable development and poverty-cutting goals through 2030.

The other, to be negotiated in December in Paris, would set a legally binding climate pact whose focus is on more near-term emissions cuts from 2020.