Risks
- The persistence of difficulties for certain economic players, households and companies, affected in a delayed manner by the cumulative effects of inflation and the rise in interest rates, in particular energy-intensive companies.
- Slower than expected slowdown in inflation.
- A structurally uncertain environment, with the risk of new shocks, such as the earthquake in Turkey and Syria, described by the World Health Organization as “the worst natural disaster in a century” for Europe.
Opportunities
- A sharp increase in the financing needs of companies and households from 2024.
- A more promising context for investors due to the expected drop in interest rates from 2024.
- The expected dynamism of financial markets in 2024.
6This is the number of successive increases in interest rates in the eurozone between July 2022 and March 2023. An unprecedented cumulative increase of 350 basis points.
US$1,100bn
This is the total of global investments in the ecological transition in 2022. An amount exceeding US$1,000bn for the first time.
(Source: Bloomberg New Energy Finance Foundation (BNEF).)