We set our net zero for 2050 to be aligned with global standards. Maybe I'll share a little bit about how we think about the near term, and how we think about investing in decarbonization in the near term.
As we mentioned, we believe the whole economy needs to transition. We actually believe at CPP Investments that this represents a generational investment opportunity. Whether the number is $2.5 trillion, $3.5 trillion, $4 trillion or $5 trillion, the global economy needs a lot of capital to transition. What it needs is patient capital, partnership-driven capital, to transition. That's the type of capital that CPP Investments has.
We've been building out a real competency for investing in this economy transition. What that means is that, as we invest in companies and work with them to decarbonize, the actual carbon intensity of our portfolio may increase in the near term, but it will actually have the bigger impact of working with these companies to decarbonize.