Cost of Going Green

The cost of going green is significant and includes the cost of transitioning to a more sustainable economy and lifestyle.


Transitioning to a sustainable economy
Investment Estimates range from $109 trillion to $275 trillion by 2050 to address climate change.

Annual investment
The Energy Transitions Commission estimates that $3.5 trillion in annual investment will be needed between 2021 and 2050.

Spending
McKinsey estimates that governments, businesses, and individuals will need to spend $3.5 trillion more per year on energy and land-use systems.

Impact
The transition will be uneven across countries and sectors, and will lead to job losses in some areas.

Living a more sustainable lifestyle

One-time switching costs: The cost of purchasing eco-friendly products for the first time.

Repeated purchase costs: The cost of purchasing eco-friendly products on a regular basis.

Savings: Living a more sustainable lifestyle can save money if you're prepared for expenses and spending smartly.