The Union Bank of Switzerland, a giant of Swiss banking, is predicting that the dramatic acceleration towards green energy witnessed over the last year or so will continue.
The pandemic has hastened change in many spheres of life as we know it, and the drive to green energy is one change that will continue post pandemic.The risks associated with climate change are the motive force behind this change, as is governmental action and now investor sentiment.
China has signalled its commitment to be carbon neutral by 2060. America’s new president has set climate change as the top priority of his Whitehouse.
The upcoming COP26 talks in Glasgow this year will no doubt produce a flurry of new initiatives..
Change is coming quick, and quicker than many expected.