Industry executives expect the world to reach net zero by 2060

A growing number of industry executives expect the world to reach net zero by 2060 or later—with 62% sharing this sentiment in 2024 versus 54% in 2023, Bain & Company’s fourth annual

The survey revealed a more balanced picture in Europe where 30% of executives revealed more optimism vs. 27% who were less optimistic about their new energy growth business areas contributing to the bottom line. Bain has found that higher rates put upward pressure on the effective cost of low-carbon projects and a 500-basis-point increase in the cost of capital can increase the total annual revenue required to finance a project by as much as 50%.as 79% of all executives view it as an attractive region for energy transition investments. The next most attractive region is Europe at 65%.

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