This summer the latest assessment report from the scientists of the IPCC ratcheted up the strength of their language and the urgency of their findings, showing there is no longer any shadow of a doubt connecting human activity with unprecedented global warming.
The analysis examined 5 different potential scenarios around the warming of the planet over the coming years. Every single one of these scenarios suggested that the Earth will reach at least 1.5C of warming in the next 20 years. “With every increment of global warming, changes get larger” concluded the IPCC, compounding the likelihood of extreme weather events such as this summer’s heatwaves and hurricanes in Europe and the US respectively (see image).
Figure: IPCC findings how the frequency of extreme weather may increase with each degree of warming
The alarming IPCC report serves as the underlying scientific basis for next month’s COP26 summit. So, what sort of outcomes should responsible investors be looking for in Glasgow? We suggest three fundamental outcomes are needed. Read our ESG newsletter to learn more.
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