New Investments and Research Indicate Multi-Trillion Dollar Market for Climate Restoration Through Carbon-Capture (Thunderbird)

https://thunderbird.asu.edu/knowledge-network/wef

Thunderbird Convenes Global Leaders Across Sectors to Advance Climate Action

Davos, Switzerland – Thunderbird School of Global Management released a new report today projecting that the world can realize at least $1 trillion – $3 trillion dollars in market opportunities and $3 trillion – $5 trillion dollars in broader economic, social and environmental benefits per year by 2030.

Thunderbird’s Director-General and Dean, Dr. Sanjeev Khagram authored the new report and shared it at a cross-sectoral gathering hosted by Thunderbird with the Foundation for Climate Restoration in Davos during the World Economic Forum’s annual meeting. 

“Together, we must rapidly deploy natural and technological solutions to remove gigatons of carbon dioxide from our air, restore ocean ecosystems, and preserve Arctic ice, while dramatically reducing emissions and adapting to climate change impacts,” said Dr. Khagram. “Climate restoration is the critical third pillar of climate action alongside climate mitigation and adaptation.”

Author: Christopher K. Merker, Ph.D., CFA

Christopher K. Merker, PhD, CFA, is a director with Private Asset Management at Robert W. Baird & Co. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught the course “Sustainable Finance” since 2009. Executive director of Fund Governance Analytics (FGA), an ESG research partnership with Marquette University, he is a member of the CFA Institute ESG Working Group, an international committee currently exploring ESG standards, publishes the blog, Sustainable Finance, which covers current topics around governance and sustainability in investing, and is co-author of the book, The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.