Although governments and companies are increasingly committed to actions against climate change, there are still significant challenges standing in the way.<\/p>\n
The scale of the economic transformation that a net-zero transition would entail and the difficulty of balancing the substantial short-term risks of poorly prepared or uncoordinated action with the longer-term risks of insufficient or delayed action, are considered of major importance.<\/p>\n
Capital spending on physical assets for energy and land-use systems in the net-zero transition between 2021 and 2050 would amount to about $275 trillion, or $9.2 trillion per year on average, an annual increase of as much as $3.5 trillion from today.<\/p>\n
To put this increase in comparative terms, the $3.5 trillion is approximately equivalent, in 2020, to half of global corporate profits, one-quarter of total tax revenue, and 7 percent of household spending. An additional $1 trillion of today\u2019s annual spend would, moreover, need to be reallocated from high-emissions to low-emissions assets.<\/p>\n
The Net-Zero Transition Equation is not an easy one and requires charismatic leadership with strong problem-solving skills!<\/p><\/blockquote>\n
Read more HERE<\/strong><\/a> in this exceptional McKinsey report, a thorough analysis of 69 countries which demonstrates, beyond any doubt, that the challenges of the energy transition to zero carbon by 2050 are global.<\/p>\n","protected":false},"excerpt":{"rendered":"
Although governments and companies are increasingly committed to actions against climate change, there are still significant challenges standing in the way. The scale of the economic transformation that a net-zero transition would entail and the difficulty of balancing the substantial short-term risks of poorly prepared or uncoordinated action with the longer-term risks of insufficient or … \u03a3\u03c5\u03bd\u03b5\u03c7\u03af\u03c3\u03c4\u03b5 \u03c4\u03b7\u03bd \u03b1\u03bd\u03ac\u03b3\u03bd\u03c9\u03c3\u03b7 The Net-Zero Transition Equation<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":3632,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/posts\/3598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/comments?post=3598"}],"version-history":[{"count":7,"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/posts\/3598\/revisions"}],"predecessor-version":[{"id":3643,"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/posts\/3598\/revisions\/3643"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/media\/3632"}],"wp:attachment":[{"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/media?parent=3598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/categories?post=3598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.daso.gr\/el\/wp-json\/wp\/v2\/tags?post=3598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}