2 Hrs
Source:
Sky News
Global Firms Boost Sustainability Spending
Reports from the World Economic Forum reveal that 75% of companies are increasing their investments in sustainability and clean energy, with expectations of continued progress over the next 12 months despite geopolitical and economic challenges. The report indicates that the global green economy currently exceeds $5 trillion annually and is projected to surpass $7 trillion by 2030, with a significant rise in the role of artificial intelligence in accelerating sustainability efforts. Additionally, 85% of participants anticipate that adapting to climate change will become a global priority within the next three years, supported by substantial private sector investments and the adoption of proactive risk management strategies, aimed at improving financial outcomes and reducing future losses.
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