We believe that by investing more in infrastructure, by investing more in clean infrastructure and in carbon neutral infrastructure, we can save over USD 5 trillion, which can be reinvested in development — Mirjana Spoljaric Egger, Assistant Secretary-General and Director of the Regional Bureau for Europe and the Commonwealth of Independent States, United Nations Development Programme.
Financial institutions must play a large role in financing solutions to climate issues. Sberbank currently has a positive view of the renewable energy market — Vladimir Sitnov, Senior Vice President, Sberbank.
I do not have any doubts that, going forward, the turbines will continue being more powerful, bigger, the deployment of new technologies, new materials. This does not come alone. It comes with heavy investments. Our company alone last year invested more than 600 million in R&D, and we plan to continue that for decades to come — Juan Araluse, Vestas Wind Systems A/S..
For example, as we have in several countries where we are present, such as Italy or Spain, you can get to having renewables produce more than 55 or 60% of the electricity in a country, if you have a very massive level of digitalization in your grids. On the other hand, thanks to digitalization, you may also promote the better use of energy on the demand side — Simone Mori, Head of Europe and Euro-Mediterranean Affairs, Enel S.p.A..