A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net

Brazil, India amid Most Exposed to Climate Change Risk

Some of the world’s highest-emitting nations, including Brazil, India, Indonesia, Malaysia, Saudia Arabia, Thailand, Vietnam and the UAE, are among those most exposed to climate impacts, risk intelligence company Verisk Maplecroft claims. Its latest Climate Hazard Index shows that unless the current emissions trajectory changes, 13 of the 30 countries responsible for almost 90% of carbon pollution could be facing some of the severest impacts of climate change – especially from heat. While not immune, the world’s two largest emitters – the US and China – should for the most part escape the very worst outcomes, the index suggests. “The UNFCCC COP process might give the impression that countries are either drivers or sufferers of climate change, but our analysis reveals a clear overlap between those perpetuating global warming and the societies and economies set to face the harshest consequences,” said James Lockhart Smith, Verisk Maplecroft’s Head of Sustainable Finance. For more than a third of the world’s 30 largest emitters, the future holds significant physical climate risks later in the century, even if global decarbonisation efforts continue, the report notes. While most major emitters driving global warming will suffer to some degree, carbon-heavy markets will need to undertake extreme adaptation to protect their populations, societies and economies – particularly if, as predicted, mean surface temperatures breach the globally-recognised 2˚ C threshold. “A swift and managed energy transition could provide significant physical risk gains compared to a delayed or disorderly transition – where emissions-cutting policy measures could be imposed with little warning,” said Verizon Maplecroft. “But some fossil fuel producers, especially in the Middle East, where the benefits of a low-carbon transition are less clearcut, may reason that the effort needed to achieve a low carbon future isn’t worth their while; a viewpoint that could undermine future international climate negotiations.”

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top