Net-Zero Basics
Estimated costs and opportunities of climate change
Under a minute Though no one can know with certainty, a variety of estimates suggest some of the value at stake. But net-zero is becoming increasingly important for investors, both in terms of minimizing potential risk and also maximizing potential opportunities.
- What COP26 may mean for institutional investors
- How renewable energy is stranding coal
- Coal consumption is on track to rise in 2021
- Why banks are critical to reaching global climate goals
- The latest emissions gap report shows the need for bold action
- Investors may need all the tools at their disposal
- Why net-zero matters for investors
- The focus on net-zero is intensifying
- How investors can drive the transition to net-zero
- How net-zero differs from zero carbon emissions
- Estimated costs and opportunities of climate change
- The tie between climate change and biodiversity
By the numbers
10% The economic value the world stands to lose by midcentury if global temperature rise remains on its current trajectory and global net-zero targets are not met.
Up to USD 885 billion Assets in Europe at significant risk of becoming stranded over the coming decade in the automotive, electricity and apparel industries.
USD 500 billion The cost for U.S. energy utilities to prepare for climate change.
USD 145 billion Cost of weather and climate disasters in the U.S. in 2021 with losses that exceeded USD 1 billion each.
33-50% The amount by which reinsurers may be underestimating climate risk.
7% The share of global facilities operated by companies in the MSCI ACWI Investable Market Index (IMI) that are threatened by coastal flooding risk (as of Jan. 20, 2020).
30% The falloff in global agricultural yields by 2050 absent efforts to adapt to a changing climate.
USD 4 trillion The annual investment in clean energy and infrastructure required by 2030 for the world to limit global temperature rise to 1.5°C.
USD 280 billion The incremental annual investment needed between now and 2050 to address the effects of climate change in 35 major cities in Ethiopia, Kenya and South Africa.
USD 26 trillion The savings likely to be realized from replacing almost all fossil fuels with renewable energy and storage over the next 20 years.
USD 27 trillion The combined size of the market for solar panels, wind turbines, lithium-ion, batteries, fuel cells and electrolyzers by 2050.
USD 20 billion. The size of the market this decade for retrofitting buildings in New York City for carbon efficiency.
