世界经济论坛全球绿色经济报告

Already a Multi-Trillion-Dollar Market: CEO Guide to Growth in the Green EconomyA N N U A L R E P O R TD E C E M B E R 2 0 2 5In collaboration with Boston Consulting GroupImages: Adobe Stock, Getty ImagesDisclaimer This document is published by the World Economic Forum as a contribution to a project, insight area or interaction. The findings, interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum, nor the entirety of its Members, Partners or other stakeholders.© 2025 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system.ContentsForeword 3Executive summary 41 The green economy continues to grow 52 One of the biggest growth opportunities on the planet 11 Observation 1: Solutions to decarbonize more than 50% of total emissions 12 are already cost-competitive Observation 2: Markets for deep decarbonization technologies are growing 15 – but much more unevenlyObservation 3: Green growth is increasingly spearheaded by China 17Observation 4: Energy independence is an increasing driver of low-carbon investments 21Observation 5: Climate adaptation markets are becoming material, including 22 in the Global North3 Companies in the green economy often outperform 243.1 Companies grow green revenues faster than conventional lines on average 253.2 Companies in the green economy typically obtain access to cheaper capital 263.3 Companies in the green economy often benefit from higher valuations 274 How to grow in the green economy: lessons from past winners 294.1 CEO guide to growing in the green economy 304.2 Different avenues to success 384.3 Lessons from past winners 415 Call to action: how business and government can accelerate the green economy 425.1 For companies: plenty more opportunities to harvest 435.2 For policy-makers: an opportunity to build resilience and growth 44Conclusion 45Appendix 1: Definitions of green economy segments 46Appendix 2: Definition of Industry Classification Benchmark (ICB) industries 48Appendix 3: LSEG definition of green revenues 50Contributors 51Endnotes 53Already a Multi-Trillion-Dollar Market: CEO Guide to Growth in the Green Economy2ForewordRecent headlines may suggest that the climate transition is stalling. The macroeconomic context, regulatory environment, permitting bottlenecks and softer public support have brought additional uncertainties. At the same time, some green technologies have not lived up to early promises (mainly when looking at cost projections), while market valuations in nascent technologies such as low-carbon hydrogen have experienced a sharp drop.Yet, overall growth in the green economy has not wavered. On the contrary, investments in green technologie