The year is 2030. Thanks to accelerated cross-sector innovation, low-carbon lifestyles have become the norm. We enjoy energy-efficient homes attuned to individual needs; connected transport systems that enable the seamless movement of people and flow of goods; healthier food choices and a thriving natural world — thanks in large part to innovations which are being developed here and now in 2022.
The UN estimates that, to create net zero living in 2030, up to $4.5 trillion of investment is needed every year1 from this point forward. If we collaborate, innovate, and invest now, what specific technology and benefits could we see by 2030?
A driving factor of successful innovation is recognizing the “power of ideas” early. “Disruptive, innovative entrepreneurship is critical to address the environmental and social issues we face today,” said Andrew Lee, global head of sustainable and impact investing for UBS Global Wealth Management’s Chief Investment Office. “Investors recognize the commercial opportunity in solutions that work towards solving these global challenges, and show clear interest in providing capital to back high-potential ideas at both early and growth stages.”
The low-carbon opportunity doesn’t stop with the solution providers. It also addresses companies around the world more generally, in particular those that are more resource-intensive. “As consumers and investors, our expectations now are that companies have a strategy to reduce emissions not just in their operations, but also upstream and downstream in the supply chain,” Lee added. “They need to drive transparency throughout the full value chain and identify pathways to decarbonization, such as working with suppliers or finding or developing lower-carbon alternatives.”
Visionary thinking and the necessary investment have particular impetus across the home, green energy, and food sectors.