Global Price Tag for Net-Zero Transition By 2050 Will Be $275T
Lauren
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1 minute read
McKinsey Global Institute has issued a new report on the global cost of transitioning to net-zero carbon emissions by 2050 that says the world will need to spend $275 trillion, or an average of $9.2 trillion per year in new capital spending to transition physical assets for energy and land use in order to achieve the goal.
