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Goldman Analysts Say Another $2.8 Trillion Needed for Climate

  • Carbon price, improved disclosures are needed to meet targets
  • Publicly traded companies should increase green investments
A solar farm in India

A solar farm in India

Photographer: Dhiraj Singh/Bloomberg

Additional annual investments of $2.8 trillion are needed in low-carbon technologies and infrastructure to help the world meet net-zero emissions goals, according to analysts at Goldman Sachs Group Inc.

A global carbon price, continued focus on sustainability in the capital markets and improved emissions disclosures from consumer companies are also vital, said Michele Della Vigna, head of natural resources research in Europe, Middle East and Africa in Goldman’s global investment-research group.