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The current pace of progress will result in temperatures rising by 3.6°C above pre-industrial levels, events of the first quarter of 2021 suggest. The implied temperature rise last summer was 3.9°C. In this update Schroders’ Global Head of Sustainable Investment comments on changes in oil and gas investment and carbon pricing.
One of the things that has become evident, especially during the Covid-19 pandemic, is that philanthropy itself has become the trigger for many of the High-Net-Worth families to start considering setting up a new single-family office.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?