Forget AI - a $100 trillion investment opportunity awaits in clean energy, Schroders says

📆 2023/08/18 6:12:00
📰 YahooFinanceCA

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Global energy transition will need 'comfortably $100 trillion' in capital over the next thirty years, according to Mark Lacy of Schroders.

Mariana Castelo Branco

Global energy transition will need "comfortably $100 trillion" in capital over the next thirty years, says Mark Lacy of Schroders. "That's outside of the traditional oil and gas market, and that's a cumulative comfortably of $100 trillion over the 2020 to 2050 period," he said.

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