Based on work for the Danish financial sector, we have compiled a list of investments needed towards 2030 to reach carbon neutrality by 2050. In total, we find that investments amounting to some 25% of GDP could be necessary. Scaling to an EU level, this corresponds to EUR 3,500 bn.
To realise the investments, a full range of financial instruments is needed, e.g. mortgage funding for energy renovations, or risk capital for research and scaling of new technologies.
For further information, please contact Senior Economist Jonas Bjarke Jensen