Uncommon truths - Climate change revisited

Uncommon truths - Climate change revisited

A range of emission and temperature change scenarios are examined. It is clear that technology will be key in mitigating change. However, we think large-scale adaptation could benefit infrastructure, engineering, housing and materials sectors.

The last two years have been dominated by Covid-19. Its persistence in countries such as Israel, the UK and the US suggests the vaccine optimism of earlier this year may have been overstated. This, along with the imminence of Fed tapering appears to have taken the froth out of risk assets.

However, what may turn out to be a more destructive force has been baring its teeth without causing market angst. Climate change has variously revealed itself this year through the heat dome in Canada and the US, floods in China and Europe and wildfires from North America, through Southern Europe to Siberia.

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Important information

  • Data as of 20.08.2021 unless stated otherwise.

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