Global Green Economy Hits $5 Trillion, Set to Grow to $7 Trillion by 2030 — WEF Report
The World Economic Forum (WEF) reports that the global green economy has surpassed $5 trillion and is projected to exceed $7 trillion annually by 2030, driven by rapid growth in clean technologies such as solar, wind, batteries, and electric vehicles. According to the WEF–BCG report, green revenues are expanding twice as fast as conventional revenues, with companies in green markets enjoying cheaper capital and valuation premiums. However, technologies like low-carbon hydrogen and carbon capture still require major policy and financial support to achieve cost competitiveness.
The report highlights China’s dominant role in global clean-energy investment and innovation, while the International Energy Agency (IEA) warns that billions still lack access to electricity and clean cooking, requiring sustained global financing. Despite economic headwinds, green investments continue to break records, positioning the sector as one of the world’s fastest-growing economic engines.
The World Economic Forum (WEF) reports that the global green economy has surpassed $5 trillion and is projected to exceed $7 trillion annually by 2030, driven by rapid growth in clean technologies such as solar, wind, batteries, and electric vehicles. According to the WEF–BCG report, green revenues are expanding twice as fast as conventional revenues, with companies in green markets enjoying cheaper capital and valuation premiums. However, technologies like low-carbon hydrogen and carbon capture still require major policy and financial support to achieve cost competitiveness.
The report highlights China’s dominant role in global clean-energy investment and innovation, while the International Energy Agency (IEA) warns that billions still lack access to electricity and clean cooking, requiring sustained global financing. Despite economic headwinds, green investments continue to break records, positioning the sector as one of the world’s fastest-growing economic engines.
Global Green Economy Hits $5 Trillion, Set to Grow to $7 Trillion by 2030 — WEF Report
The World Economic Forum (WEF) reports that the global green economy has surpassed $5 trillion and is projected to exceed $7 trillion annually by 2030, driven by rapid growth in clean technologies such as solar, wind, batteries, and electric vehicles. According to the WEF–BCG report, green revenues are expanding twice as fast as conventional revenues, with companies in green markets enjoying cheaper capital and valuation premiums. However, technologies like low-carbon hydrogen and carbon capture still require major policy and financial support to achieve cost competitiveness.
The report highlights China’s dominant role in global clean-energy investment and innovation, while the International Energy Agency (IEA) warns that billions still lack access to electricity and clean cooking, requiring sustained global financing. Despite economic headwinds, green investments continue to break records, positioning the sector as one of the world’s fastest-growing economic engines.
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