Governments will need to collaborate closely with the financial services and technology sectors-leading the charge on sustainable progress through global policymaking, greater investment in clean energy systems, and a new mix of green technologies across industries. Transforming the economy for a low-carbon future will require extensive coordination and global collaboration throughout industries and geographies.
In my mind the question is not why we should make this investment, it’s how can we not?” What we have before us is a once-in-a-generation opportunity to re-orient the global economy and create more sustainable, resilient, and equitable long-term growth. “Will this require a significant investment from the global business community, from governments, from the non-profit sector? Yes. We need swift, bold and widespread action now-across all sectors,” said Deloitte Global CEO Punit Renjen. The report analyzed 15 geographies in Asia Pacific, Europe, and the Americas, and found that if global leaders unite in a systemic net-zero transition, the global economy could see new five-decade gains of US$43 trillion-a boost to global GDP of 3.8% in 2070. If global warming reaches around 3☌ toward the century’s end, the toll on human lives could be significant-disproportionately impacting the most vulnerable and leading to loss of productivity and employment, food and water scarcity, worsening health and well-being, and ushering in an overall lower standard of living globally.ĭeloitte’s Global Turning Point Report is based on research conducted by the Deloitte Economics Institute. Telecommunications, Media & Entertainmentĭavos, Switzerland, -A new report from the Deloitte Center for Sustainable Progress (DCSP) released today during the World Economic Forum’s annual meeting indicates that-if left unchecked-climate change could cost the global economy US$178 trillion over the next 50 years, or a 7.6% cut to global gross domestic product (GDP) in the year 2070 alone. Infrastructure, Transport & Regional Government
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