Can climate resilience be an attractive investment?

If average global temperatures were to rise by 3°C, 10 major cities would experience an average of 12 more days per year of extreme heat in 2050 compared to 2022, an analysis by MSCI ESG Research shows.1“Mapping Extreme-Heat Costs for the World’s Largest Cities.” MSCI ESG Research, June 21, 2023.

November 22, 2023 Share
{ "seriesArray": { "name":"1.5 C scenario", "data": [ { "Beijing":6, "London":2, "Los Angeles":5, "Moscow":4, "New York":3, "Osaka-Kobe":3, "Paris":10, "Seoul":8, "Shanghai":12, "Tokyo":3, "MSCI ACWI":6 }, { "Beijing":18, "London":3, "Los Angeles":9, "Moscow":9, "New York":12, "Osaka-Kobe":13, "Paris":10, "Seoul":13, "Shanghai":18, "Tokyo":8, "MSCI ACWI":18 } ] } }

Additional extreme heat days in 2050 compared to 2022


Beijing

London


Los Angeles

Moscow


New York

Osaka-Kobe


Paris

Seoul


Shanghai

Tokyo

Additional 1.5°C heat days Additional 3.0°C heat days

Source: MSCI ESG Research LLC. The estimations were based on both a cooler scenario (1.5°C temperature rise) and a warmer one (3°C temperature rise).


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