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    Home > Chemicals Industry > International Chemical > The global green economy is $54 trillion, the size of fossil fuels

    The global green economy is $54 trillion, the size of fossil fuels

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    According to index supplier FTSE Russell, the global green economy is now the size of the fossil fuel industry
    .

    The global green economy is $54 trillion, the size of fossil fuels

    FTSE Russell noted that the green economy accounts for 6% of the global market and is worth about $54 trillion
    .
    A sustainable economy is growing
    compared to a shrinking share of the fossil fuel market.

    If the green economy continues on its current trajectory, FTSE Russell noted that the market could account for 7%
    of global market capitalization by 2030.
    If green investment accelerates to $90 trillion, the share reaches 10%.

    Industrial companies are the main business of the green economy, followed by companies in the utilities, technology, chemical and construction sectors
    .

    The latest report shows that large companies account for about two-thirds of the total capital of the green market, but the number of small and medium-sized enterprises accounts for a relatively large number
    .

    Microsoft has a 2.
    4% market share
    with its cloud infrastructure and video conferencing technology.

    In terms of national inputs, the United States constitutes the largest element of the green economy in terms of monetary value, while Japan and Europe have the highest green risk in terms of the
    businesses involved.

    Germany and France are the big players in Europe, with above-average green market shares, accounting for about 4%
    of the global market.

    According to index supplier FTSE Russell, the global green economy is now the size of the fossil fuel industry
    .

    Green economy

    The global green economy is $54 trillion, the size of fossil fuels

    The global green economy is $54 trillion, the size of fossil fuels

    FTSE Russell noted that the green economy accounts for 6% of the global market and is worth about $54 trillion
    .
    A sustainable economy is growing
    compared to a shrinking share of the fossil fuel market.

    If the green economy continues on its current trajectory, FTSE Russell noted that the market could account for 7%
    of global market capitalization by 2030.
    If green investment accelerates to $90 trillion, the share reaches 10%.

    Industrial companies are the main business of the green economy, followed by companies in the utilities, technology, chemical and construction sectors
    .

    The latest report shows that large companies account for about two-thirds of the total capital of the green market, but the number of small and medium-sized enterprises accounts for a relatively large number
    .

    Microsoft has a 2.
    4% market share
    with its cloud infrastructure and video conferencing technology.

    In terms of national inputs, the United States constitutes the largest element of the green economy in terms of monetary value, while Japan and Europe have the highest green risk in terms of the
    businesses involved.

    Germany and France are the big players in Europe, with above-average green market shares, accounting for about 4%
    of the global market.

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