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Wind farm in California: Cannot be raised with private funds
Photo: Michael Nelson / picture alliance / dpa
The goal of global climate neutrality in three to four decades threatens to fail due to a lack of money.
To reduce greenhouse gas emissions that much or to eliminate them from the atmosphere, 90 to 210 billion dollars are missing every year.
This is shown by an analysis by the Boston Consulting Group.
A good third of the annual emissions can only be reduced with technologies that have yet to be developed, it says.
Last year, however, investors only raised $ 37 billion for environmental technologies.
"That's not nearly enough," warn the advisors.
The zero emissions target cannot be achieved with private funds alone, the investment risks are too great for that.
The states would therefore have to close funding gaps with public money, for example through research funding or state-private investment partnerships.
In this way, they would also stimulate their economic growth and create high-paying jobs.
kig
