The Adviser Issue 4 | Page 24

INVESTMENTS

THE CLIMATE CHALLENGE AND THE ROLE INVESTORS CAN PLAY

As the world eases out of the pandemic restrictions and life begins to resemble some form of normalcy it would be easy to think that our global challenges are coming to an end . However , the dramatic effects of climate change continue unabated , posing their own threat to natural habitats , human populations and the economy . Despite the economic downturn of 2020 , concentrations of greenhouse gases like carbon dioxide ( CO2 ) in the atmosphere are at record highs and continue to rise . These emissions from human activity are driving climate change . Without sustained action to reduce them , the UN estimates that the world ’ s average surface temperature will rise to 3 ° C degrees above pre-industrial level by the end of the 21st century . The 2015 Paris Agreement on climate change committed countries to keep the increase to well below 2 ° C and pursue efforts to limit the increase

Randeep Somel Fund Manager M & G Climate Solutions Fund

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