The International Energy Agency estimates that reaching the goal of “net zero” will cost $4 trillion a year over the next 30 years. That’s on the order of $100 trillion to $120 trillion. Other sources such as McKinsey, estimates that to reach Net Zero by 2050 the world would need to invest $9.2 trillion per year. While the decarbonization price tag is high, the cost of unabated climate induced disasters could be much higher and range between 13-17 % of GDP by 2030 according to Swiss-Re.