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Prepare for disorderly shift to low-carbon era, firms and investors told

No G20 country is on track to meet climate goals and disruption to business is inevitable, says risk assessor

Major businesses and investors in the world’s largest economies should brace themselves for a turbulent transition to a low-carbon future because none of the G20 countries are on track to meet their climate ambitions, according to a new report.

There is “no longer any realistic chance” for an orderly transition for global financial markets because political leaders will be forced to rely on “handbrake” policy interventions to cut emissions, according to research from risk intelligence company Verisk Maplecroft.

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