Evidence Points To Business And Clean Energy Investments Powering Economic Momentum In 2025
March 31, 2025
The evidence is piling up—clean energy investing and responsible business innovation will likely keep fueling economic and job growth and bolster competitiveness this year in the U.S. and beyond.
A steady drumbeat of data released over the past few weeks underscores the scale of this trend.
Global investment in clean energy rose to $2.1 trillion in 2024, according to recent data from Bloomberg—the highest level ever. This funding increase is backing breakthroughs and deployments in transportation, power generation, and smart grid technologies.
And that strong momentum is set to continue globally and in the United States. Amid the biggest surge in energy demand in decades–driven in part by growth in manufacturing and artificial intelligence—the U.S. Energy Information Administration projects another record year of clean energy deployment in 2025.
Clean energy is expected to account for 93% of U.S. power plant construction in 2025. This rapid expansion of the most affordable and fastest-to-deploy energy sources, like solar and battery storage, benefits companies and consumers, reinforcing America’s economic strength and global leadership.
Business bets are growing
Businesses aren’t just responding to demand—they’re betting on the economic upside. A recent survey by consulting firm Kearny found that 92% of CFOs plan to invest more on sustainability this year due to the clear business case—and more than half say they plan to spend significantly more.
Business value is also why the number of companies setting climate goals continues to grow and why 84% of businesses with existing goals are keeping them or accelerating them, according to new analysis by PWC. A separate PWC survey of 4,700 CEOs shows that climate investments are paying off, with a third reporting that investments made over the last five years have already led to higher revenue.
A competitive edge for business
Taken together, these trends highlight the critical role of clean energy investments and responsible business practices in creating value for investors and companies—and the communities in which they operate. Meeting energy needs, protecting value at risk from extreme weather, whether it’s supply chain disruptions, lower employee productivity, or higher commodity prices, and capturing new markets are all essential to driving long-term growth and securing market advantage.
We see this in the hundreds of billions of dollars that businesses have invested in the U.S.—boosted by federal tax credits—in new energy and transportation projects, all aimed at expanding U.S. innovation, strengthening supply chains, and gaining an edge in rapidly growing markets. As other countries, led by China, continue ramping up their investments to bolster energy security and economic competitiveness, investing in clean technologies is essential to maintaining America’s global leadership.
We see it in how major retailers like IKEA are innovating around using and reusing resources more efficiently. How tech companies, such as Apple, Google, and Microsoft, are working to move the needle on water stewardship through novel methods for reusing, recycling, and conserving water in their operations and data centers. And how giant food companies, such as General Mills, are investing in and helping farmers adopt ways to protect and improve the health of the soil and the ecosystems they depend on to safeguard supply chains and boost profits.
All this action points to the same reality: business success today is inextricably linked to environmental stewardship, strategic advantage, and shareholder value. Companies that lead are managing risks, seizing market opportunities, and positioning themselves for long-term profitability and global leadership.
Clean energy policy has broad business and bipartisan support
It’s why, here in the U.S., there has been consistent support from major businesses for federal energy and manufacturing tax credits, which unleashed a massive wave of private sector investment nationwide after their expansion in 2022. This led to the creation of more 400,000 new jobs and more than 750 new clean energy manufacturing and infrastructure projects. Most recently, 80 major companies and investors traveled to Capitol Hill for more than 100 meetings with Republican legislators during LEAD on a Clean Economy 2025, the seventh annual Washington, D.C. advocacy event organized by Ceres.
Companies including Carrier, DHL, Ford Motor Company, HASI, Holcim, Michelin, Schneider Electric, Sealed, and Siemens joined in the meetings—underscoring broad industry support. Their message was clear: clean energy incentives are driving economic growth, strengthening national security, and keeping energy affordable, reliable, and American-made.
Against this backdrop of business leadership, 21 Republicans in the U.S. House of Representatives took a notable step the day after LEAD concluded to help preserve the energy tax credits fueling America’s energy competitiveness and resilience. They sent a letter to Congressional leadership expressing strong support for maintaining the tax credits during the upcoming negotiations over extending the Trump administration’s 2017 tax cuts, arguing that renewable energy aligns with the nation’s goal of energy dominance.
Momentum is strong—but the stakes are higher
To be sure, despite these positive trends, the record-setting global renewable energy boom is still short of the pace needed to minimize the worst economic impacts of the warming climate. And if the policy in the U.S. that is encouraging tech innovation and the rapid clean energy build-out is disrupted, it could severely undercut America’s manufacturing surge, lead to a spike in electricity prices, and undermine U.S. global competitiveness.
Still, the signal is clear: clean energy and responsible business leadership equal economic leadership—and smart money is already showing the way.
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