13 January 2022
Explore Other Key Themes
The economic impact of climate change
This gathers key research from across our services about the impact of climate change at a global, regional and markets level. We explain why we don’t believe there has to be a trade-off between preventing global warming and achieving economic growth, but also why climate change will add to the difficulties facing many emerging economies in the coming years.
CLIMATE CHANGE AND THE GLOBAL ECONOMY
GLOBAL ECONOMICS FOCUS
Combatting global warming needn’t hold back global growth
The economic impact of climate change at a global and country level
3 December 2019
LONG RUN UPDATE
Will the pandemic help “to green” economies?
How green stimulus could help boost growth
10 March 2021
LONG RUN FOCUS
The winners and losers from climate change
Assessing the impact among EM economies
19 November 2020
LONG RUN UPDATE
Our climate change assumptions
13 January 2022
LONG RUN UPDATE
COP26 a small step forward but much left to do
16 November 2021
CE SPOTLIGHT
Will a transition to net-zero cause higher inflation?
22 September 2021
LONG RUN UPDATE
Implications of more extreme weather events
6 September 2021
LONG RUN UPDATE
The implications of accelerated renewable electricity use
15 October 2021
OUR VIEW
There is a clear risk that the world fails to prevent a significant further rise in global temperatures. Although it is only in the second half of this century that the effects of this are likely to have a material impact on global GDP growth, the disproportionate impact on many developing countries will add to the structural headwinds they already face over the next couple of decades.
THE IMPACT OF CLIMATE CHANGE ON ECONOMIES AND MARKETS
CANADA ECONOMICS FOCUS
Tackling climate change will be costlier than elsewhere
26 May 2021
US ECONOMICS FOCUS
What steps will Biden take to tackle climate change?
9 December 2020
JAPAN ECONOMICS FOCUS
Transition to carbon neutral 2050 wouldn’t harm growth
29 June 2021
INDUSTRIAL METALS UPDATE
Green transition to help charge cobalt prices
2 December 2021
EUROPEAN COMMERCIAL PROPERTY UPDATE
Are green commercial leases the future?
10 June 2021
GLOBAL MARKETS UPDATE
Some market implications of central banks going “green”
8 April 2021
ENERGY FOCUS
Lessons from the EU’s carbon permit market
10 November 2021
KEY THEMES
Economies After COVID
Most economists agree that the pandemic will deliver a lasting blow to output and the global economy will be substantially smaller by the end of this decade than would otherwise have been the case. However, we suspect that some of this pessimism about the long term is not only overdone, it misses the point.
The Golden Age for Emerging Markets is Over
The coronavirus crisis is likely to accelerate some of the structural trends already underway that are weakening emerging markets’ longer-term growth prospects.