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⚡ Markets: Official acknowledgement of failure to meet the 1.5°C target may accelerate policy shifts towards carbon capture and geoengineering technologies, creating opportunities for companies in those sectors. It also increases long-term risk for assets exposed to physical climate impacts.Carbon CreditsRenewable Energy ETFsReinsurance stocks
A United Nations Environment Programme (UNEP) report has for the first time officially stated that the world will breach its 1.5°C global warming target within a few years. The report shifts the focus towards limiting the 'overshoot' and developing strategies to eventually reduce global temperatures, acknowledging the failure of current policies.
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