Tag Archives: redeployment

Net zero could lead to ‘the largest redeployment of capital in history’: BNY Mellon

Net zero could lead to ‘the largest redeployment of capital in history’: BNY Mellon

The global net-zero goals set out by the Paris Agreement are still within reach — but achieving them will require a $100 trillion investment, according to a new report by BNY Mellon Investment Management and Fathom Consulting. That amount equates to around 15% of all global investment or 3% of global GDP over the next 30 years in order to achieve net zero emissions by 2050 and limit warming to 2 degrees Celsius or below, per the Paris Agreement Accord established in 2015. And the more… Source link

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