The journey to reach net-zero global emissions by 2050 begins with a trillion-dollar step

<p>A new report from the McKinsey Global Institute says the transition to net zero by mid-century would require over $9 trillion in annual spending and epic change in the global economy. We spoke to Mekala Krishnan, the lead author of the report and a partner at McKinsey, about the challenges the transition can bring. <span style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif">For the first time, a Federal Reserve bank will be led by a Black woman. The Federal Reserve Bank of Boston announced Tuesday that economist Susan Collins will take over on July 1.</span></p> <div class="c-message_actions__container c-message__actions" role="group"> <div class="c-message_actions__group" role="group" aria-label="Message shortcuts" data-qa="message-actions"></div> </div>