Unmitigated, climate change will have significant long-term impacts on people, ecosystems, and the global economy.
The Intergovernmental Panel on Climate Change (IPCC) recently provided a vivid picture of how 1.5°C and 2°C of warming are likely to affect human populations and natural systems — with a notable escalation of economic and ecosystem impacts between these two temperatures. The IPCC report found that achieving the 1.5°C target would require emissions to decrease to net zero by 2050, necessitating far-reaching transitions
across the global economy in energy, land, urban, infrastructure, and industrial systems. Private sector institutions, in partnership with the public sector, can help facilitate these transitions by mobilizing capital at the required scale and pace .
Read the full report below.