Melanie Beyeler, Senior Portfolio Manager, provides an introduction to the Climate Transition. Click here to read more.
Investment Insights • Infocus
1 min read
The biggest transition since the Industrial Revolution
The transition that is needed to address the impacts of climate change will require changes to the global economy on a scale not seen since the Industrial Revolution. This transformation will also call for massive capital spending of around USD 275 trillion over the next 30 years, which corresponds to around 7.5% of global gross domestic product annually. All countries and sectors will be affected by climate change and must contribute to this transition.
