UN Special Envoy on Climate Action and Finance
The price of meeting net zero is estimated to be between $100-150 trillion over the next 30 years. Regardless of this cost, we need to reach net zero before climate change does irreversible damage to the environment and the economy. This video helps us understand the need to reach net zero, outlines the cost of reaching net zero and finally explains where the money will come from.
The price of meeting net zero is estimated to be between $100-150 trillion over the next 30 years. Regardless of this cost, we need to reach net zero before climate change does irreversible damage to the environment and the economy. This video helps us understand the need to reach net zero, outlines the cost of reaching net zero and finally explains where the money will come from.
The price of meeting net zero is estimated to be between $100-150 trillion over the next 30 years. Regardless of this cost, we need to reach net zero before climate change does irreversible damage to the environment and the economy. However, the scale of this challenge is enormous. At the core of the investment need is a complete overhaul of our energy system, emissions from electricity must fall 60% alone by 2030 and annual investment in clean energy will need to rise 3.5x to $4tn. We will need public and private financing to meet this goal.
Key learning objectives:
Understand why we need to reach net zero
Outline the cost of reaching net zero
Discuss where the money will come from