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The capital investment needed to decarbonize the Canadian economy was first estimated by Corporate Knights at about $150 billion per year, and the federal government and others have since corroborated that finding. This “decarbonization capex (capital expenditure) gap” is the focus of the Climate Dollars research project at Corporate Knights.
Increasing the energy efficiency of our products and solutions and decarbonizing the grid are our top priorities – for Cisco and for our customers. so that we can optimize resource efficiency in our manufacturing and logistics, in accordance with our goals for a circular economy. Sustainability at Cisco Live!
Signals of change in the net zero transition this week include the EU’s Net Zero Industry Act and the Canadian logistics company embarking on a $1 billion vehicle fleet electrification. A Net Zero Europe Platform will also be set up to help member states establish new industrial partnerships focused on decarbonization.
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