World leaders will unveil a new pledge Monday to "dramatically" increase public and private clean energy innovation, as they meet at a major Paris summit aimed at averting catastrophic climate change.
Dubbed Mission Innovation, the initiative will see 20 countries committing to double their investments in clean energy research and development over the next five years, the White House said.
"These additional resources will dramatically expand the new technologies that will define a future global power mix that is clean, affordable and reliable," the White House said in a fact sheet Sunday, without providing firm financial figures.