According to an extensive study by Bloomberg NEF, it requires a staggering $7 trillion a year in renewable investments to achieve net zero by 2050, totaling $175 trillion by 2050. Hmm.

Accordingly, in 2024 the world invested a record amount, or roughly $2 trillion, which was $5 trillion short of what is necessary per annum for net zero/2050. That $5 trillion shortfall increases the bogey next year and the years after for every year below $7 trillion, until it’ll take $8 trillion in one year, then $9T, then more.

For comparison purposes: The Marshall Plan, or European Recovery Program, cost approximately $13.3 billion between 1948 and 1952. Adjusted for inflation, it would be roughly $130 billion in today’s dollars, looking very peaked next to Net Zero.

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