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Federated Hermes' great hope for the COP28 summit is to see actionable commitments, from governments, industry leaders and financial institutions, to invest in a just transition. If the ever-increasing action gaps remain, economic losses from global warming will balloon, making the inevitable transition more painful. As they look ahead to 2024, it is clear the next twelve months will be critical to delivering success.

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2024 outlook: a just transition – Federated Hermes Limited

Hope comes in many forms but any attempt to tackle the climate crisis will have to work for the world’s haves as well as the have-nots.

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