Australia’s Net Zero Emissions Target Could Spark $ 63 Billion Investment Boom | Australia News

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Australia could unlock a $ 63 billion investment boom over the next five years if it aligns its climate policies with a goal of net zero emissions by 2050, according to new economic modeling.Analysis, conducted by the Climate Change Investors Group (IGCC), reveals that the investment opportunity created by an orderly transition to a net-zero emissions economy will reach hundreds of billions of dollars by 2050. in sectors such as renewables, manufacturing, carbon sequestration and transportation. .

However, if the country meets its current goals and climate policies, investments worth $ 43 billion would be wasted over the next five years, reaching $ 250 billion by 2050.

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