The time for net zero carbon investments is now

The authors assert that the 'climate revolution' is underway, evidenced by clean technologies creating $1 trillion in investor value in 2020. They advocate for a shift away from fossil fuels toward renewable energy and electric transportation, noting that solar and wind are now the cheapest energy sources globally. The authors commit to reaching net zero carbon in their portfolios by 2040 or earlier, joining the Net Zero Asset Managers initiative, and call for governments to end fossil fuel subsidies and implement financial regulations aligned with the Paris Agreement.

• Clean technology investments showed significant growth in 2020, with market capitalization increasing by nearly $1 trillion, while oil and gas companies saw a decline of approximately $680 billion.
• A substantial portion of the global economy is moving toward decarbonization, with countries representing over half of the global economy committed to net-zero greenhouse gas emissions by 2050. This could increase to over three-quarters of the world economy following COP26 pledges.
• Renewable energy and electric vehicles are identified as primary tools for reducing emissions, with solar and wind currently being the most affordable energy options globally. Specific corporate commitments include GM aiming for net zero emission vehicles by 2035 and Volvo by 2030.
• The authors highlight a contradiction in the banking sector, where some large banks have committed to net zero by 2050 despite providing more than $3.8 trillion in fossil fuel financing since the Paris Agreement.
• The Net Zero Asset Managers initiative involves dozens of asset managers overseeing $9 trillion in assets, all committing to reach net zero carbon by 2050 or sooner.

APA

Yadigaroglu, T. D. I. (2021). The time for net zero carbon investments is now. World Economic Forum. https://www.weforum.org/stories/climate-action/the-time-for-net-zero-carbon-investments-is-now/

Chicago

Yadigaroglu, Tony Davis, Ion. The time for net zero carbon investments is now. World Economic Forum, 2021. https://www.weforum.org/stories/climate-action/the-time-for-net-zero-carbon-investments-is-now/.

Wikipedia

{{cite press release |last1=Yadigaroglu |first1=Tony Davis, Ion |title=The time for net zero carbon investments is now |publisher=World Economic Forum |date=25 March 2021 |url=https://www.weforum.org/stories/climate-action/the-time-for-net-zero-carbon-investments-is-now/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{yadigaroglu2021time, author = {Yadigaroglu, Tony Davis, Ion}, title = {{The time for net zero carbon investments is now}}, publisher = {World Economic Forum}, year = {2021}, month = mar, url = {https://www.weforum.org/stories/climate-action/the-time-for-net-zero-carbon-investments-is-now/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }