Green Growth Accelerators: Unlocking New Opportunities to Drive Sustainable Growth

To meet global climate targets, emissions must be cut by 26% by 2030 for the 2°C limit, and by 43% for 1.5°C above pre-industrial levels. The onus is on businesses to lead this critical transition, as global green policy frameworks are creating the momentum necessary to accelerate the shift towards net zero. The cost of inaction is staggering, with the financial burden of unabated climate change projected to reach trillions. Green investments are unlocking exceptionally lucrative market opportunities, positioning businesses that invest in sustainability at the forefront of the new global economy.

Three key opportunities are emerging as 'Green Growth Accelerators': the Energy Transition, Sustainable Infrastructure and Industrial Solutions, and Circularity. Energy transition forms the foundation of the green shift, with renewable energy at its core, while newer pathways such as biofuels, and E-fuels rapidly gaining ground. Sustainable infrastructure and industrial solutions are essential to support green growth, with green materials, renewable energy infrastructure, and advanced industrial setups, amongst others. Finally, circularity focuses on the sustainable use and repurposing of waste materials across industries, turning waste streams into valuable resources.

To meet its 2030 NDC targets, India requires $170-200 billion annually, yet there remains a financing gap of $120-140 billion each year. Adequate financing and strong policy interventions will be key to unlocking further green growth. For early movers, this is a moment of opportunity—those that act now and make the necessary investments stand to gain years of competitive advantage as leaders in the global shift towards sustainability.