- The “green economy” surpassed $5 trillion in annual value in 2024 and is projected to top $7 trillion annually by 2030, according to a new report from the Boston Consulting Group and the World Economic Forum.
- The Tuesday report classified the green economy as “commercial solutions with a clear environmental purpose or solutions that are a direct response to environmental challenges,” which included activities focused on mitigation, adaptation and resilience.
- “Recent geopolitical developments, energy security considerations and short-term economic pressures have shifted the conversation on climate action,” the report said, but added that actual investments in sustainable solutions have continued to increase.
- “Recent headlines may suggest that the climate transition is stalling,” Valdre and Hernold wrote. “Yet, overall growth in the green economy has not wavered. On the contrary, investments in green technologies keep jumping from record to record.”
Green economy now worth over $5 trillion annually: report | ESG Dive
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At Domtar, we believe investing in sustainability helps enhance our world for future generations. Our success depends on the health of the forest’s ecosystem. Responsibility, efficiency and engagement are embedded in our sustainability approach, especially when it comes to keeping forests as forests. Paige Goff, vice president of sustainability and business communications, has spent nearly 15 years sharing the Domtar story, first in brand and advertising operations for pulp and paper and, more recently, in sustainability. She manages our relationships with sustainability organizations, such as the World Wildlife Fund (WWF) and the Rainforest Alliance (RA). Through our annual sustainability reporting, she also helps bolster our reputation as a leader in sustainable forestry and manufacturing. Click Read More below for additional information.
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