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The accelerated transition scenario assumes a significant increase in energy costs in the near term, and substantially greater initial greeninvestments, rising to €2 trillion by 2025, compared to only €0.5 trillion in the other.
In the race to net zero, Victoria Judd, Counsel at Pillsbury Winthrop Shaw Pittman, explains how the US is lapping the UK and EU in stimulating its green economy. The UK, meanwhile, is trailing behind in terms of greeninvestment. A good example of this is sustainable aviation fuels (SAFs) investment.
trillion per year by 2025, according to new research by Pictet Asset Management and the Institute of International Finance (IIF). Achieving net zero by 2050 could require the climate bond universe to reach US$36 trillion by 2025 and over US$60 trillion by 2030, it added. Global issuance of ESG-labelled bonds could reach US$4.5
This had been central to the climate accords since 2009, and is widely viewed as an indispensable ingredient for securing the mutual trust and cooperation of the 191 countries that signed the Parisagreement. So they have the technology to get the transition underway.
Green investors are increasingly worried about what a second Donald Trump presidency might mean for US energy and climate policy. Central to their fears is a manifesto called ‘Project 2025’. Project 2025, it is important to note, is not Trump’s official platform. Project 2025 aims to continue that work.
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