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The heat is on: how investors are underestimating physical risks of climate change – Schroders

The scale and pace of change required to stave off the worst impacts of global warming will be more disruptive and costly than expected.

Posted on Mar 18, 2024

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... As we stand in the early weeks of 2024, it is increasingly clear that the climate crisis is not only a looming threat but a rapidly unfolding reality.

Climate scientists have long warned that we must limit global warming to 1.5°C to avoid triggering climate tipping points and stave off the worst impacts of climate change. Yet, the data from 2023 paints a chilling picture: it was the warmest year on record, and by a considerable margin.

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