Writing a tune is worth little if no one sings it. The Paris Agreement was met with great acclaim when signed in 2015. It set a target of a net carbon-neutral world by 2050, with a 45% cut in emissions by 2030 needed to limit global warming to 1.5C.

The harsh reality is that too little has changed in the intervening years, as the recent 26th Conference of Parties (COP) unfortunately confirmed. The Covid-19 pandemic – with its consequent shuttering of entire economies - put a dent in global carbon emissions that stoked optimism. Although good to see that the pandemic is turning endemic, sadly, the dent in emissions also quickly buffed out.

You can now read the full ‘Thought Leadership’ article from Schroders Capital at the link below