Rising emissions and temperatures: The cost of Trump's climate retreat is now clear

The world is set to breach the critical 1.5-degree temperature limit due to rising emissions and temperatures. This is largely attributed to the US withdrawal from climate action under former President Donald Trump. The consequences of this withdrawal are now clear, with the UN report indicating a worsening outlook. This development has significant implications for markets, trade, and the economy, as it may lead to increased costs and uncertainty for businesses and investors.

Why it matters

Rising emissions and temperatures are causing irreversible damage. The US withdrawal from climate action is exacerbating the problem.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

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