IFC (part of World Bank) estimates a cumulative climate investment opportunity of $29.4 trillion across six urban sectors in emerging market cities to 2030. The lion’s share of the opportunity is in green buildings ($24.7 trillion), covering both new constructions and retrofits, as cities race to accommodate their growing populations.
Improvements in low carbon mobility solutions, driven by public transport infrastructure and the expected surge in electric vehicles, account for $1 trillion and $1.6 trillion respectively. The IFC report offers some good insight into the opportunities for different cities like Jakarta, Belgrade, Amman, Nairobi, and Mexico.
Source: IFC