“Developing and deploying climate technologies is critical for the world’s net-zero agenda. Growth could await businesses willing to innovate quickly and to collaborate across value chains,” says McKinsey & Company. The lates McKinsey analysis indicates that, “in a scenario where the world reaches net zero by 2050, capital spending on equipment and infrastructure with relatively low emissions intensity would average $6.5 trillion a year – more than two-thirds of the $9.2 trillion in annual capital spending during that time. Our view is that almost all of those low-emissions assets would include climate technologies.”
COP27 – Carbon Footprint Reduction Strategies Scrutinized