Poland faces a huge challenge to achieve climate neutrality by 2050. It is estimated that the country needs an additional 1.9 trillion euros for investment during this period, which translates into an annual demand of 83 billion euros.
The Polish Economic Institute points out that raising these funds will be difficult, despite the increase of green funds in the market. Currently, green funds account for a small percentage of total investment assets in Poland. Globally, they manage USD 3.36 trillion, which is also a small fraction of global assets.
According to experts, in order to meet financial requirements, Poland will have to focus on developing the green finance market and searching for new sources of financing. The growing importance of green investment is inevitable if the country is to achieve its climate goals. Energy transition and infrastructure modernisation will be key to achieving climate neutrality.
An additional challenge for Poland is to obtain funds for transformation in the context of global competition for green investments. It will also be necessary to introduce new legal regulations and tax incentives that will attract investors and allow the development of green projects. Cooperation with international financial institutions and the raising of funds from the European Union may be necessary to implement these ambitious plans.
Business Insider / Mateusz Gibała
