Climate change: what are we waiting for?

The authorities are taking climate change seriously. So should investors, argues HSBC’s Willem Sels

The risks of climate change are potentially immense. The benefits of taking action are also clear: we can see that economic development, reduced emissions, and creative adaptation go hand in hand. A committed and strong low-carbon transition could trigger a new wave of economic and technological transformation and investment, a new era of global and sustainable prosperity.