DAVOS, Switzerland, Jan. 22, 2020 (GLOBE NEWSWIRE) — A new report released by Arizona State University Thunderbird School of Global Management indicates that there are $1-3 trillion annually of emerging market opportunities with the deployment of climate restoration solutions by 2030, with an additional $3-5 trillion market opportunities from deployment of natural solutions per year by 2030.
Rick Parnell, CEO, of the Foundation for Climate Restoration stated, “The multi-trillion dollar climate restoration market opportunity should rapidly mobilize innovators to identify the best mix of solutions that are safe, scaleable, financeable, and permanently store CO2. Climate restoration solutions should be deployed at a large scale as soon as possible to address the climate emergency. Our work is about galvanizing a movement to ensure a habitable planet for future generations.”
To catalyze and connect the mounting climate restoration initiatives to reach the scale necessary to achieve climate restoration, the Global Climate Restoration Task Force was launched in conjunction with the World Economic Forum’s Annual Meeting in Davos, Switzerland with initiating partners: Thunderbird School of Global Management at Arizona State University (ASU), the Foundation for Climate Restoration, Office of the Presidency Republic of Kenya, Ice911 Research, Ocean-Climate Trust, NEXUS, Office of County Supervisor Dave Cortese, Santa Clara County, California, and Earth Day Network.