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Decarbonisation initiatives saved companies US$54bn in 2024 - CDP

“The plumbing of transition finance now exists – but too little capital is flowing through the system."
Melodie Michel
Decarbonisation initiatives saved companies US$54 billion in 2024 - CDP
Photo by micheile henderson on Unsplash

Companies disclosing climate data though CDP reported over US$54 billion in annual savings from low-carbon initiatives in 2024 – proving the business value of climate action.

With finance as a top concern at COP30, the data shared by CDP this week shows that the data needed to close the climate finance gap already exists, and is being used by financial institutions managing US$145 trillion.

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