Investment Progress For 2024: Position Yourself To Be Prepared For A Decarbonizing Economy
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#b8c81d81 ver:0.1

New research shows that clean energy initiatives contributed $320 billion to the global economy in 2023, accounting for 10% of global GDP growth. However, the failure to address fossil fuel consumption has led to rising global emissions. The UK's net-zero targets have created a booming industry worth £74 billion, but mixed signals and policy U-turns have discouraged investment. Achieving net zero will impose significant costs on advanced economies, accelerating the economic power shift to rapidly growing Asian countries. The UK is forecasted to be Europe's best-performing major economy, while China is projected to overtake the US as the world's largest economy. India's acceleration of net zero to 2047 is estimated to yield a tenfold return on investment. Greater climate finance is needed to reach net zero by 2050, with hydrogen, biofuels, lithium, and electricity storage as the fastest-growing decarbonizing opportunities. Investors should position themselves for a decarbonizing economy, considering climate-related costs and opportunities. #CleanEnergy #NetZero #EconomicGrowth #ClimateFinance...

#newstr #NetzeroTargets #CleanEnergy #GlobalEconomy #GdpGrowth #Investment #DecarbonizingEconomy #ClimateFinance #WorldEconomicForum #UsEconomy #Blackrock 

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