For investors, climate scenarios can be important navigational tools when considering climate action. According to the IPR’s Required Policy Response – one of many scenarios that project a world on a potential 1.5°C pathway – OECD economies should reach net negative CO₂ emissions by 2050 and non-OECD countries should reach net zero.

Many of the main industrial changes required to reach net zero by 2050 – and keep global temperatures from rising beyond 1.5°C – need to take place in emerging markets such as China and India, where emissions are generally higher. That said, much of the consumption of goods and services related to those emissions occurs in developed economies.

Learn more here