Poland’s Shift to Net-Zero by 2050 Could Boost GDP

Poland will need to invest around $450 billion to decarbonize its economy by 2050, according to a new World Bank report. The shift away from coal and other high-emission industries comes with hefty costs but could also deliver significant economic benefits in the long term, according to a Reuters report.

The World Bank’s analysis suggests that decarbonizing Poland’s economy could lead to a 4% increase in GDP by 2050. By achieving net-zero emissions, Poland could see average GDP growth of 0.2% annually over the next 25 years, compared to current policies.