The transformation of the global economy needed to achieve net-zero emissions by 2050 would be universal and significant, requiring $9.2 trillion in annual average spending on physical assets, according to McKinsey Global Institute research led by Mekala Krishnan, Hamid Samandari, Jonathan Woetzel, Sven Smit, Daniel Pacthod, Tomas Nauclér, Humayun Tai, and coauthors. The decarbonization and growth of green businesses and technologies requires an unprecedented shift in how the world allocates capital. On day 4 of COP28, check out these insights to understand the challenges organizations are contending with and what they can do to make the most of business opportunities.
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The net-zero transition: What it would cost, what it could bring
Climate investing: Continuing breakout growth through uncertain times
The role of public–private–philanthropic partnerships in driving climate and nature transitions
Delivering impact from US green bank financing
Green energy in Africa presents significant investment opportunities