Taking real action on climate change is more critical than ever – BNP Paribas Asset Management

As Thibaud Clisson, Senior ESG Analyst at BNP Paribas Asset Management's Sustainability Centre explains, the window to limit the global temperature rise to 1.5C is closing fast, but there are investable solutions that can keep it within reach.

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... The Intergovernmental Panel on Climate Change (IPCC) says that to meet 1.5°C with no or limited overshoot of temperatures, carbon emissions (CO2) need to peak by 2025, fall by 43% by 2030 from 2019 levels and hit net zero in the early 2050s.

This doesn’t mean we can rest on our laurels until 2025. The quicker we start bending down the global emissions curve, the better. While the annual growth rate has slowed slightly over the last decade, emissions have still risen across all main sectors of society. More ambitious policies and structural changes are needed to combat climate change.

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