US EditionTop Global Firms Could Mobilize $1.3 Trillion in Climate Investments
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4 Articles
Top Global Firms Could Mobilize $1.3 Trillion in Climate Investments
The world’s biggest and most influential companies could unlock $1.3 trillion in annual low-carbon spending if they raised their low-carbon investments from 7% now to 30% of capital expenditure, a new report by the non-profit World Benchmarking Alliance has shown. The Netherlands-based World Benchmarking Alliance (WBA) evaluated 1,600 companies, whose operational emissions alone equate to at least 25% of global energy-related emissions. The co…
Up to $1.3 trillion could be freed up for the green transition if large companies shifted more of their capital spending to low-carbon investments, according to a new analysis. Meanwhile, the head of one of the largest US financial giants said that while the transition is underway, it will take a completely different form than we previously thought.
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