HSBC Global Research analyses the different half a degree can make for the economy and society globally in response to the long-awaited Intergovernmental Panel on Climate Change (IPCC) 1.5°C special report. The IPCC report makes clear the benefits of aiming for 1.5°C vs 2°C, although the incremental costs are 3-4 times higher.

    The path to 1.5°C is beset with difficulties on all sides – but the urgency to act on climate change will be felt at COP24.

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