Will COVID-19 derail the transition to a low-carbon economy?

Deirdre Cooper: co-Portfolio Manager, Ninety One Global Environment Fund¹

At first glance, it may seem that the coronavirus pandemic has derailed the global environmental agenda – certainly in the short term. While economies are closed, the massive investment required to decarbonise the way we produce and consume has been delayed. However, as the world emerges from the crisis, we see increasing evidence that the transition may accelerate.

Fiscal stimulus will accelerate climate-related policy