A net-zero world could generate $10.3 trillion by 2050, new report finds

A net-zero world could generate $10.3 trillion by 2050, new report finds

The green transition could spur huge economic gains as the world looks to curb climate change, a new report finds.

A study from Oxford Economics and Arup estimated that green industries could add $10.3 trillion to the world’s economy — or 5.2% of global GDP — by 2050 under a net-zero scenario.

The report made the case that governments and businesses, under increasing pressure from costly climate-related weather events, may begin to see a rapid transition away from fossil fuels as a net…


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