COP28 – where are the opportunities for investors?

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Global leaders have pledged to invest in renewable energy, food, and nature to tackle climate change. We take a look at the sectors set to benefit from the economy-wide transition.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Published on 14 December 2023

It was correct at the time of publishing. Our views and any references to tax, investment and pension rules may have changed since then.

Experts predict that by the end of this year, we’ll have reached global temperatures of 1.4°C above preindustrial levels.

While this might sound minor, every fraction of a degree higher and the likelihood and severity of extreme weather events increases. Not to mention, increased temperatures lead to the ice and glaciers melting, causing rising sea levels.

At 3°C, cities like Tokyo, Mumbai, New York, and London will be partially or fully underwater. The world is currently on track for 2.9°C of warming.

This is why leaders from across the world have come together in Dubai for COP28, pledging action to limit global warming at 1.5°C and rewire the economy.

The science says that to do this, the world has to reduce emissions by 43% by 2030 and by 2050, to reach net zero.

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