3 Aug 2021
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The World (Developed Nations in the main) are on a path to decarbonisation which is to move to nil or low-carbon power sources to reduce the emission of carbon dioxide into the atmosphere by 2050.
This will require a great deal of new investment into infrastructure and industrial processes across the World with the spending estimates ranging from US$20 trillion to US$50 trillion over the next 30 years.
Attached is a pathway from the IEA (International Energy Agency) on the policy changes and technological innovation needed to achieve Net Zero by 2050.
Click for chart.
We are in no doubt that the path to Net Zero by 2050 is an investment megatrend which our clients are already taking advantage of by way of select PM (Portfolio Managers) that we have recommended and a trend which will continue to present new investment opportunities over the coming decades.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.