Our second annual study into the scale of the financing needed to decarbonize the global economy reveals the challenge is bigger than previously thought.
- Our research shows we are USD6 trillion a year short of what needs to be deployed between now and 2030 to meet Paris climate goals.
- The sectors with the greatest climate finance needs are energy (USD2.8tn per year between now and 2030); transport (USD1.7tn); agriculture, forestry and other land use (AFOLU) and fisheries (USD1.1tn); and buildings (USD1.1tn). Industry requires the least climate investment of any sector in our study (USD560 billion).
- Our study provides a guide for policymakers across the world on where to direct their incentive dollars. Against the backdrop of political change in the U.S. and Europe, well-designed policy measures and regulatory frameworks are key to unlocking more investment in Net Zero.
Please see full publication below for more information.
