This article was written by Leonie Tear and Claire Potter.
Detailed and ambitious plans are due from all parties to the Paris Agreement by November 2021 when the world is expected to unite to tackle climate change at UN Climate Change Conference 2021.
To that end, China has set an ambitious target of net-zero carbon emissions by 2060 with emissions peaking by 2030.
Transition requires fundamental changes to be taken across the global economy.
In this alert, we examine the types of transition risk, industries that are most vulnerable to it, possible solutions for navigating these risks and turning the tide towards opportunity.