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Sustainability Technologies Gain Edge as Asia Drives Energy Transition

Sustainability Technologies Gain Edge as Asia Drives Energy Transition
Bain: Fast-Growing Sustainability Tech Can Give Companies An Edge · timesnownews.com

Bain studied which clean technologies are growing fastest.

It said technology, customer choices and government policy help determine whether these technologies become widely used.

Solar power, batteries and electric vehicles are growing especially quickly.

Other clean technologies face problems such as high costs, limited infrastructure and slower customer adoption.

Bain said Asia is becoming very important to the shift toward cleaner energy.

China and India together account for a large share of projected changes in carbon emissions by 2040.

Asia received as much as $947 billion for energy-transition investment in 2025.

Many consumers are also increasingly worried about environmental sustainability.

Key facts

Key scaling factors
Technology, consumer behavior and policy
Leading technologies
Solar energy, battery storage and electric vehicles
Asia investment
As much as $947 billion in energy-transition investment in 2025
2040 emissions change
China and India account for 46% across Bain’s energy scenarios
United States and European Union
Together account for 18% of the change in 2040 carbon emissions across Bain’s scenarios
Consumer concern
85% of 7,500 surveyed consumers expressed concern about environmental sustainability
Previous survey result
Consumer concern was 79% the previous year

Sources

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