Citi GPS Releases New Climate Research Ahead of COP27
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Climate Finance – Mobilizing the Public and Private Sector to Ensure a Just Energy Transition
A cumulative total of in capital investment is needed for the global economy to reach net zero by 2050. This translates into$125 trillion per annum over the next five years, increasing to$2.6 trillion per annum from 2026-2030. An estimated$3.6 trillion was invested in 2020, which is substantially lower than what is needed to limit the negative impacts of climate change, and shows the need for all regions to scale up their climate investment flows. This report analyzes the key private and public sector institutions involved in climate financing and the various financial mechanisms that can be used to mobilize finance in developed countries, mature emerging markets and developing countries. This research will be launched in partnership with the$600 -900 billionUnited Nations Framework Convention on Climate Change (UNFCCC) atCOP27 onNovember 9 .
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Food Security – Tackling the Current Crisis and
Building Future Resilience
Food insecurity continues to impact almost a third of the global population, and one out of ten people suffer from some form of malnutrition. These figures continue to rise due to environmental shocks, global growth post-pandemic, surging energy costs, global inflation and high debt levels, all exacerbated by theRussia -Ukraine war. A sustainable, long-term solution for global food security is not possible without also tackling climate change, which has significant impacts on food production. This report examines the wide-reaching social, economic and geopolitical implications of food insecurity, and explores a range of social, technological, financial and public sector solutions. Key findings will be presented atCOP27 onNovember 10 .
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Energy Transition – Gaining Momentum on the Path to Net Zero
Following conversations atCOP26 last year, theRussia -Ukraine war posed a palpable threat to the global momentum of achieving net zero by 2050. This report examines a range of economic and political challenges, within and among countries, that continue to impact the reliance on fossil fuels and the global energy transition.
In addition to these GPS reports, Citi will host a panel event at
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About Citi Global Perspectives & Solutions
As our premier thought leadership product, Citi Global Perspectives & Solutions (Citi GPS) is designed to help our clients navigate the global economy’s most demanding challenges, identify future themes and trends, and help our clients profit in a fast-changing and interconnected world. Citi GPS accesses the best elements of our global conversation and harvests the thought leadership of our research analysts and a wide range of senior professionals across our firm.
About Citi
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Source: Citi