From a long-term perspective, the world has become more and more peaceful and nonviolent over the last decades and centuries.7 Furthermore, poverty and diseases have been on a spectacular decrease around the globe, even if the pandemic has interrupted this trend. Last but not least, we already have most 7  https://www.economicsandpeace.org/wp-content/uploads/2022/06/GPI-2022-web.pdf  4  of the technological means to tackle climate change.
The investment needs for the green transition may sound overwhelming, but the private and public funds to be mobilized only amount to about 2% of global GDP per year.8 This sum roughly corresponds to the estimated investment gap that advanced economies have accumulated over several decades, and it is dwarfed by military expenditures in war times.