Seb Henbest

Hear from climate and sustainability leaders from some of the world's largest corporations on how they are turning their climate commitments into action. SCROLL TO WATCH

It is impossible to predict the future without some level of uncertainty. When we make investment decisions about assets with multi-decade horizons, our forecasts will ultimately break down. But while we do not know what the 2050s will bring, we can envision pathways that provide reasonable variations of what that future may look like. For investment managers, prioritizing one scenario over all others can have far-reaching consequences.

By Seb Henbest Chief Economist BloombergNEF Setting net-zero emissions targets is suddenly in vogue. Starting with the U.K. in 2019, we now estimate that around 70% of world emissions are either already covered by net-zero legislation, have net-zero emissions legislation under discussion, or occur where net-zero is the policy position of the government.