Accelerating toward net zero: The green business building opportunity

My list

tunel

Getting to net zero will require tremendous, rapid change and large-scale technology deployment across industries. The transition will create massive opportunities to build entirely new businesses.

A recent McKinsey report found that reaching net zero by 2050 could entail a 60 percent increase in capital spending on physical assets, compared with current levels. The required investments amount to $9.2 trillion per year until 2050, of which $6.5 trillion annually would go into low-emissions assets and enabling infrastructure. Our analysis also shows that growing demand for net-zero offerings could generate more than $12 trillion of annual sales by 2030 across 11 value pools, including transport ($2.3 trillion to $2.7 trillion per year), power ($1.0 trillion to $1.5 trillion), and hydrogen ($650 billion to $850 billion) (Exhibit 1). Such a transformation of the global economy could create significant growth potential for climate technologies and solutions.

+INFO: McKinsey Sustainability

\Imagen from McKinsey Sustainability

Related Posts

SmartCity
Thank you for registering to Tomorrow.City. You can now start exploring from your computer, or with your phone or tablet downloading our app!
Only accessible for registered users
This content is available only for registered users
TO: $$toName$$
SUBJECT: Message from $$fromName$$