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"We're heading towards a 2.5-degree world, and that's catastrophic," John Kerry told a panel at Aspen Ideas Festival on Sunday, imploring the audience to act on climate change.
"This is about survival," the former secretary of state said, per the Aspen Times.
"You just know that it's not the way to do it.
The way to do it is to have the alternatives become more affordable to put more money into the transition away from fossil fuel."
Kerry, who served as special presidential envoy for climate and US secretary of state, said that 200 nations had signed the Paris Agreement on climate change and that the transition to a low-carbon economy would not happen politically or economically, the Economist reports.
"There's not gonna happen politically or, otherwise, economically," he said.
"The way to do it is to have the alternatives become more affordable to put more money into the transition away from fossil fuel."
Kerry, who said he was "disappointed" in President Trump's decision to pull the US out of the Paris Agreement, said that the financial sector should play a major role in helping countries reach net zero emissions by 2050.
"We need catalytic capital to spur innovation and deployment of clean technologies," he said.
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Foundation: San Diego Foundation
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Spotlight
Bloodbath on Biddle: Fear and Philanthropy
Dacy Rehding, an orphan who roamed the streets of Wyandotte looking for a playmate until it drove her mad, serves as the inspiration for Bloodbath on Biddle –  this year’s Wyandotte Jaycees haunted house.