The $100 Trillion Decarbonization Investment Opportunity
Here is a report by the World Economic Forum on the investment opportunities in global decarbonization today.
According to it:
- The World Economic Forum estimates the global decarbonization investment opportunity to exceed $100 trillion by 2050, essential for transitioning the global economy to net-zero emissions and combating climate change.
- Key investment areas include expanding renewable energy capacity, transitioning to electric vehicles (EVs), enhancing energy efficiency, and advancing carbon capture and storage (CCS) technologies.
- The total incremental enterprise value of the climate solutions supply chain is projected to range from $5 trillion to $11 trillion by 2030.
Here are some other key insights to note from the decarbonization opportunities around the world:
- $8.4 billion - Investment value of the NEOM Green Hydrogen Project in Saudi Arabia, as mentioned in the official website of NEOM
- $15 billion - Allocated to decarbonization projects by the Abu Dhabi National Oil Company (ADNOC) by 2030, as reported by AlArabiya News
- 30 GW - Planned utility-scale battery storage capacity in the US by the end of 2025, as reported by the US Energy Information Administration