The Intergovernmental Panel on Climate Change (IPCC) recently released the second half of its 6th assessment report, based on seven years of peer-reviewed research. The research proved that human activity is to blame for global warming. This second study details how climate change has impacted society and ecosystems, with future repercussions predicted to be more destructive and widespread than those described in the IPCC’s 5th Assessment Report, which was released in 2014.
Key messages in the report for the finance industry include:
- Need for transformational adaptation
- Climate-resilient development to meet developmental goals
- The government’s role in limiting emissions
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