8 Feb 2022
Decarbonisation: Energy Transition Investment
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
More than 130 countries are on a path to decarbonisation which is to move to net-zero emissions by 2050.
The United Nations Framework Convention on Climate Change (UNFCCC) estimates that US$125 trillion will need to be spent on investment to achieve net-zero on a global scale by 2050.
China is currently leading the way having invested US$266 billion of the total US$755 billion invested in global energy transition in 2021.
Click for report.
The required spend is going to be enormous to achieve net-zero by 2050 which presents a megatrend investment opportunity.
WARNING, this does not constitute Personal Advice and is general in nature. To discuss if this is appropriate for your given circumstances please do not hesitate to contact us directly.
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.