The Latest: Leaders stress all must speed up on climate

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The Latest: Leaders stress all must speed up on climate
The Latest: Leaders stress all must speed up on climate

PARIS (AP) – The Latest on the climate summit taking place in Paris (all times local):

9:55 a.m.

Top world officials have opened a climate summit in Paris by saying investors and the entire global financial system need to shift faster toward energy and businesses that don’t worsen climate change.

The prime minister of the island nation of Fiji said “we are all in the same canoe,” rich countries and poor. Opening the summit, Frank Bainimarama said “financial pledges need to flow faster through more streamlined systems and make a difference on the ground.”

Japan’s Foreign Minister Taro Kono described ways Japan is investing in climate monitoring technology and hydrogen energy, but acknowledged “we have to do more and better.”

French Foreign Minister Jean-Yves Le Drian said Tuesday’s summit is aimed at making efforts to cut emissions more “credible.”

The summit, co-hosted by the U.N., World Bank and French President Emmanuel Macron, is being held on the second anniversary of the Paris climate accord, ratified by 170 countries.

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9:50 a.m.

Activists pretending to represent a massive wave of oil are holding a protest in Paris at the start of an international climate summit.

A few hundred protesters demonstrated Monday in front of the domed Pantheon monument on Paris’ Left Bank as hundreds of world leaders, financiers and others gathered across town for the summit. The protesters unfurled a massive sheet and carried a huge banner reading “Not one more euro for energies of the past.”

CEOs of banks and energy companies are joining more than 50 heads of state at the summit, which is aimed in part at speeding up investment in energy that doesn’t damage the climate.

French President Emmanuel Macron hosted leading world philanthropists Tuesday morning to encourage more climate-related investment.

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8:15 a.m.

More than 50 world leaders are gathering in Paris for a summit that President Emmanuel Macron hopes will give new momentum to the fight against global warming, despite U.S. President Donald Trump’s rejection of the Paris climate accord.

Some 3,100 security personnel are fanned out around Paris for Tuesday’s event, including extra patrol boats along the Seine River. Macron will accompany the visiting leaders to the summit site on a river island by boat.

Sean Penn, Arnold Schwarzenegger and Elon Musk are among prominent figures joining the world leaders at the summit, which marks the second anniversary of the Paris accord.

Participants are expected to announce billions of dollars’ worth of projects to help poor countries and industries reduce emissions.

Macron, who’s also using the event to raise his international profile, did not invite Trump.

An environmental activist displays a placard as she protests at Pantheon monument in support of the Paris climate accord, in Paris, France, Tuesday, Dec. 12, 2017. Placard reads : Our Planet My Future. More than 50 world leaders are gathering in Paris for a summit that President Emmanuel Macron hopes gives new momentum to the fight against global warming despite U.S. President Donald Trump’s rejection of the Paris climate accord. (AP Photo/Michel Euler)
Environmental activists display placards as they protest at Pantheon monument in support of the Paris climate accord, in Paris, France, Tuesday, Dec. 12, 2017. Placard reads : Free Ocean. More than 50 world leaders are gathering in Paris for a summit that President Emmanuel Macron hopes gives new momentum to the fight against global warming despite U.S. President Donald Trump’s rejection of the Paris climate accord. (AP Photo/Michel Euler)
Arnold Schwarzenegger arrives on bicycle to meet Paris mayor Anne Hdalgo, Monday Dec. 11, 2017 in Paris. Schwarzenegger is in Paris to attend the One Planet climate summit Tuesday with more than 50 world leaders and co-hosted by the U.N. and the World Bank. (AP Photo/Thibault Camus)
FILE – In this July 13, 2017 file photo, U.S President Donald Trump, left, shakes hands with French President Emmanuel Macron after a press conference at the Elysee Palace in Paris. Macron announced a competition for the grants hours after Trump declared he would withdraw the U.S. from the global accord reached in Paris in 2015 to reduce climate-damaging emissions. Macron is unveiling the winners Monday Dec.11, 2017 evening ahead of a climate summit. (AP Photo/Markus Schreiber, File)
Tunisian President Beji Caid Essebsi, left, is welcomed by French President Emmanuel Macron for a meeting at the Elysee Palace in Paris, France, Monday, Dec. 12, 2017. (AP Photo/Michel Euler)
Haiti’s President Jovenel Moise, left, and France’s President Emmanuel Macron shake hands as they make declarations after a meeting at the Elysee Palace in Paris, France, Monday, Dec. 11, 2017. (Ludovic MarinPool Photo via AP)
Member of the Elder group former Secretary-Generals of the United Nations Kofi Annan, right, and Ban Ki-moon, left, meet France’s President Emmanuel Macron at the Elysee Palace in Paris, France, Monday, Dec. 11, 2017. The Elders are a group of world figures who work for international peace. (AP Photo/Michel Euler, Pool)
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