(Top 1000 Funds) The costs of inaction on climate change are catastrophic. With the last five years the warmest on record, the impact on our planet’s ecosystems is accelerating. To hold back this tide, the next eight years are critical. The IPPC’s ‘report on 1.5C’ indicates that the world needs to cut annual global emissions in half by 2030 to limit warming to 1.5C.
To rise to the challenge of climate change, financial institutions and the companies that they finance, need clear pathways to net zero, illustrating the efforts they need to make. Investors need to be able to differentiate from those sticking with the high carbon business model of the past and those delivering the low carbon solutions of the future.
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