The Intergovernmental Panel on Climate Change IPCC a body mandated by the UN to provide scientific information relevant to understanding climate change on Monday sounded a stark warning on warming temperatures across the globe, forecasting an increase of 1.5C and 2C during the 21st century.
That finding, published in its Sixth Assessment Report is at odds with the goal to limit global warming to “well below” 2C compared with pre-industrial temperatures by the turn of the century, as was agreed to in the 2015 Paris Agreement. The report highlights the role and meteoric rise of sustainable finance as a critical part of climate change strategy.
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