Posts Tagged ‘Barclays’
Research Digest – February 2011
Accenture and Barclays released a Carbon Capital Report: Financing the low carbon economy. This report covers 15 commercially viable technologies across the transport, buildings, electricity generation and distribution sectors.
- The report estimates that Europe requires €2.9 trillion in capital for low carbon infrastructure between 2011 and 2020.
- Eighty percent of the capital required would be used to finance procurement and implementation, with the rest required for research, development and production.
- If implemented, these technologies could potentially save 2.2 gigatonnes (Gt) of carbon dioxide equivalent (CO2e), enough to bring the European Union’s 2020 emissions to 83 percent of their 1990 levels.
- And with contributions from other sectors such as manufacturing and nuclear power generation, it will put the European Union on track to meet its 20 percent reduction target.
Accenture / Barclays