Governments and organizations all over the world are pledging to tackle climate change, and it looks like a future of net-zero emissions is coming into view. But what will it take to get us there and how will the transition affect the world economy? Explore eight charts that break down the associated opportunities and risks.
Addressing climate change requires big commitments—and funds—from countries and companies.
Demand for green products and services is growing strongly in categories such as energy and materials, vehicles, food, and packaging.
The global power industry is making strides toward reducing greenhouse-gas emissions by switching from fossil-fuel-fired power generation to renewable-energy sources such as wind and solar.
While the rate of electric-vehicle (EV) adoption has varied across the globe, depending on regional regulatory pressure and consumer interest, a transformation is well under way.
Low-carbon products, including steel, recycled aluminum, recycled plastic, and batteries, could all be headed for supply shortages in Europe as demand for greener materials continues to grow.
Real-estate portfolios could face risks during a net-zero transition. Physical risks might be due to buildings being exposed to storms, floods, fires, and extreme heat.
A reallocation of labor across the economy could result from the net-zero transition. About 200 million direct and indirect jobs could be gained and 185 million could be lost by 2050, according to our analysis of the “NGFS Net Zero 2050” scenario (https://www.ngfs.net/ngfs-scenarios-portal/).
The effects of climate change could affect the global population unevenly.
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