Biden calls on world leaders to invest in clean energy before ‘point of no return’

Billionaires, CEOS and union executives to help sell president’s climate-friendly transformation of US economy at virtual summit

Joe Biden has urged world leaders to ramp up their investment in clean energy to ensure the planet does not reach the “point of no return” in the climate crisis, as he closed a major summit of governments at the White House.

Related: Biden vows to slash US emissions by half to meet ‘existential crisis of our time’