Climate: Do nothing is not an option

In a UN report issued in late November¹, the UN Environment Programme (‘UNEP') did not hold back on the scale of the challenge facing governments aiming to meet commitments agreed by the Paris climate accord in 2015.  In order to meet the target of limiting temperature rises to 1.5 degrees Celsius, global greenhouse gas emissions need to be cut by 7.6% per annum over the next decade.*  At the same time, regulators and policy makers are now moving to implement a raft of new measures to deal with the implications of climate change. These include, among others, new (‘TCFD') disclosure requi...