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The effects of Asia’s megacities on climate change - AXA Investment Managers

Rapid urbanization has consequences for both residents and the environment. The pollution that afflicts some of Asia’s biggest cities, from New Delhi and Bangkok to Beijing, highlights that many cities have grown faster than their infrastructure can cope with.

Posted on May 13, 2020

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... “Around half of the world’s population today live in urban areas,” says Yo Takatsuki, Head of ESG Research and Active Ownership at AXA Investment Managers (AXA IM). “Over the next three decades, that proportion will rise to three-quarters.” Many metropolises are now bigger, in terms of both population and GDP, than many individual countries. These cities must respond to the growing threat of climate change, whose impacts are becoming increasingly clear.

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