Investors Call for Policy Unleashing $275 Trillion for Net Zero

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Investors Call for Policy Unleashing $275 Trillion for Net Zero
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A failed energy transition might reduce global GDP by as much as $6 trillion per year by 2050.

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-- An influential group of institutional investors has called on governments to remove policy barriers to help unleash an estimated $275 trillion in new clean-energy investments over the next three decades.

“Advantageous policy environments are a key enabler of uptake,” Günther Thallinger, chair of the NZAOA, said in a statement. An example he pointed to is the level of global subsidies and incentives for electrical vehicles, which doubled from 2021 to 2022 to about $30 billion. “We’re seeing similar trajectories for renewable energy and heat pumps,” he said.

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