Are we underestimating the impact of climate change? – Schroders

Global average surface temperature rose to 1.45°C above pre-industrial levels in 2023, making the year the warmest on record.

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... Concerns around the growing impact of physical risks associated with global warming call for a more in-depth analysis of their potential economic consequences. It is extremely important for investors to understand its impacts on the economy when making asset allocation decisions.

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