The Rise of the Adaptation Economy

Featuring our partners at Morphosis on Environmental Finance

The world is not going to meet the 2015 Paris Agreement target of limiting warming to 1.5°C above pre-industrial levels. Current policies and emissions trajectories point to a landing closer to 2.5°C or bigger.

There is now a 100% probability that we are heading into uncharted, severely climate-disrupted territory.

Many communities and entire nations are already there – not just the tragically self-evident from Jamaica to Bangladesh, but the less obvious. Switzerland, according to a recent authoritative report by ETH Zurich, in a world with a temperature rise of 1.5°C, would experience a rise of 2.9°C and would experience rises of 4.9°C if the planet warms up by 3°C.