Digital Transformation Slows Down the Global Economy
2024 Marks the Surge in Sustainable Goals with Different Strategies
By Shubhendra Anand , 06 February, 2024
Sustainability goals are in high rise for 2024 as the clean energy transition goals have actively been work out in different nations around the world. In the beginning of the year 2024, the experts have already set up different viewpoints regarding the sustainable goals. Globally, countries supporting the green energy with shift from fossil fuel consumption to more renewable form of energies accelerate the process of clean energy transitions to be achieved by 2050. Therefore, the world is expected to see numerous trends in the sustainability goals for 2024.
There are various trends those will follow one after the other to promote the sustainable way of living among the consumers. Shifting from fossil fuels to renewable energy as a substitute is the important one. The transition from fossil fuel towards green energy has started in the past years and 2023 has seen the most of it. thus, the experts view those sustainable approaches to be maintained in 2024 that were done in 2023. The solar and wind energy are expected to be the top priority since consumers awareness is increasing related to sustainable changes in the day to day life. Climate change is a pressing issue that needs to be tamed consistently. Studies suggest corporate “fintech” onto the climate change solutions. The study shows that technology can be used to set up a platform creating carbon credits or renewable energy certificates (RECs). Here, the consumers can take advantage of carbon credits and can do direct trading and exchanges in 2024. Recently, Thailand has set up its platform to create carbon credits for exchange and trading according to its national standards.
Another survey suggests, companies by disclosing the sustainability goals can also attract good number of deals in 2024. The study lays forward that the organizations must pay heed to releasing annual reports on sustainability. It will allow investors to make good decision regarding financial aid as it provides the financial data with sustainable approaches. Growing adoption of electric vehicle is another form of sustainable approach towards climate change in 2024. Electrification in transportation will reduce the emissions in the environment facilitating the transition to happen faster. The greenhouse gas emissions are increasing gradually with fossil fuels, therefore electric vehicle’s adoption is necessary in 2024.
Global Investment On Clean Energy Transition
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Shubhendra Anand
Head Research
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