Firm Climate Investment: A Glass Half-Full

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Over half of firms expect climate change to have a positive impact on their investment.

Around two-thirds of these investments are expected to be in addition to normal capital expenditure.

Larger firms have made more climate investment in the past and expect to invest more in the future.

Firms in industries with higher energy costs expect toInvest more due to climate change.

The relationship between energy costs and climate investment expectations was stronger in 2023 compared with 2021 (the previous time the questions were asked)

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