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The investment required to transition to a net zero emissions world is more than triple the current level of $2 trillion a year.
BloombergNEF modelled a path to global net zero by 2050 and found that annual investments need to jump to $7 trillion to limit warming to 1.77 degrees Celsius above the pre-Industrial Revolution levels. Electric vehicles and low-carbon power present the biggest investment opportunities, followed by power grids. In addition, money needs to flow to carbon capture and storage, advanced nuclear technologies and hydrogen.
Such a colossal transformation of the global economy would trigger a massive demand for
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