The world must “keep a close eye on climate protection” as it faces the economic fallout of the pandemic, German Chancellor Angela Merkel said on Wednesday, speaking remotely for the Petersberg Climate Dialogue. “We need a financial market that provides cheap capital for climate-friendly investments,” said Merkel, during an address for the annual event usually held in Berlin. Merkel also called for climate action to be included as part of economic reconstruction plans following the pandemic, including investments in future-oriented technologies such as renewable energy. In a video address following Merkel, UN Secretary-General António Guterres said the pandemic had “exposed…