Big Cash: Companies have a 'hidden treasure' of $1.3 trillion... Why is there so much discussion about cash suddenly, what will happen?:Big Cash: A new report suggests that a "hidden treasure" of $1.3 trillion lies hidden within corporate budgets.

News Topical, Digital Desk : Trillions of billions of dollars are said to be needed to save the world from the climate crisis. But surprisingly, a large portion of this money isn't sitting anywhere else, but already in the budgets of the world's largest companies. New research has revealed that by simply changing their spending patterns, companies could invest an additional $1.3 trillion in climate and clean energy projects. This is why the discussion of "corporate climate capital" has suddenly intensified worldwide.

Climate change is being recognized as the most pressing crisis globally. Every country, every government, and every global forum echoes the same question.

Where will such a huge amount of money come from to stop climate change? But now a shocking revelation has come to light. A new report by the World Benchmarking Alliance (WBA) of the Netherlands states that there is a "hidden treasure" of $1.3 trillion lying within corporate budgets, which, if channeled in the right direction, could solve the major climate funding problem. The WBA analyzed data from 1,600 companies and found that companies currently spend only 7% of their capex (capital expenditure) on low-carbon or climate-friendly projects.

Now imagine: if this 7% were increased to 30% , approximately $1.3 trillion in funds would automatically emerge. This money doesn't have to be raised externally; it's already in companies' pockets. All that's needed is a change in direction.

So why has this discussion suddenly intensified now? Because this report comes at a time when the world is striving to achieve net-zero by 2050. The International Energy Agency (IEA) says renewable energy capacity will need to triple by 2030. And green investment of $4.5 trillion will be necessary every year from the early 2030s. Hearing these figures, one wonders where so much money will come from. And then the WBA report surprised everyone—that the corporate sector itself can play such a major role.

The biggest problem: lack of transparency. The report says that only 25% of the world's companies disclose how much they are investing in low-carbon projects. This means that three-quarters of companies are still silent on this issue. When there is no data, investors, regulators, and governments are unable to understand how serious companies are.

Where can companies invest? If these companies wish, large investments can be immediately increased in these sectors - Electric Vehicles Batteries Low-Carbon Steel Green Ammonia and Green Fertilizer Hydrogen Renewable Power Research and Development Regenerative Agriculture If investments in these increase, the path to clean energy transition will be accelerated.

Uncertainty in Europe too : Climate transition plans were to be mandatory in Europe's new corporate sustainability rules, but it was removed from the final draft. This has further increased concerns about transparency. According to the WBA , the biggest lesson from climate funding is - "The challenge is not the lack of money, the challenge is - when will companies change their priorities?" This means that money does not have to be found outside to save the world; the 'hidden treasure' lying with the companies is enough - one just needs to start investing it in the right place.