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Net zero could lead to ‘the largest redeployment of capital in history’: BNY Mellon

finance.yahoo.com · 1,044 words · saved by 1 readers

The global net-zero goals set out by the Paris Agreement are still within reach, but achieving them will require a $100 trillion investment, according to a new report by BNY Mellon Investment Management and Fathom Consulting.

Net zero could lead to ‘the largest redeployment of capital in history’: BNY Mellon Grace O'Donnell · Editor, Special Projects Updated November 1, 2022 5 min read The global net-zero goals set out by the Paris Agreement are still within reach — but achieving them will require a $100 trillion investment, according to a new report by BNY Mellon Investment Management and Fathom Consulting. That amount equates to around 15% of all global investment or 3% of global GDP over the next 30 years in order to achieve net zero emissions by 2050 and limit warming to 2 degrees Celsius or below, per the Pari

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