Last word: Global heater

Asia’s economic growth is a double-edged sword for investors – the region’s soaring industrialisation could have a devastating impact
by Andy Davis

andy

Even allowing for the promises and warm words exchanged at the COP26 meeting in Glasgow recently, the chances of the world achieving the ambitions of the 2015 Paris Agreement on climate change are close to zero. Without almost unimaginable changes very soon, there is no chance that global warming this century will peak “well below” 2°C above pre-industrial levels. As for the most ambitious target of +1.5°C, forget it.

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Published: 25 Nov 2021
Categories:
  • Wealth Management
  • International regulation
Tags:
  • featured
  • COP26
  • climate change
  • Asia

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