Higher interest rates and lower commodity prices continue to drive debates around the outlook for Green Capex — towards decarbonization, infrastructure and clean water goals. Goldman Sachs Research refreshes its analysis of what’s on track and continues to see private sector Green Capex per year $0.9 tn higher this decade vs. the 2016-20 annual run rate, though with lower but still substantial spare capacity among publicly-traded companies for additional investment.

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