2023-12-23 12:16:01
The conversion to a climate-neutral economy also involves hydrogen trains like this one from the manufacturer Alstom in Frankfurt. Image: Lucas Bäuml
Consumers sense that a quarter of a century of ecological restructuring lies ahead of them. But they don’t dare to invest yet.
There are only 26 years left until 2050. This is easy to lose sight of when you think about the scope of the transition to a sustainable economy. It was only this year that federal politicians recognized heating as an important area of action. At the same time, pipelines must be converted for a double-digit billion euro amount in order to make green hydrogen usable. The financial markets play a central role as sources of funding for the transformation.
Philip Krohn
Editor in business, responsible for “People and Business”.
But there is work to be done by financial service providers, consumers and regulators alike. “We haven’t reached the middle yet, the corridor for action is getting thinner and thinner,” says Kristina Jeromin, the tireless managing director of the Green and Sustainable Finance Cluster Germany. All actors have to pull together so that the comprehensive restructuring of industrial society works, she says.
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