Covid-19 will impact the companies driving global decarbonisation in the short term, just as it is affecting all businesses.
In times of crisis, governments across the globe must prioritise. Today - and rightly so - their focus is on protecting health. The coronavirus is also likely to hold up the introduction of some climate legislation, such as the EU's Green Deal - though European legislators think the delay will be minimal. The construction of renewable power plants, and the adoption of electric vehicles and more energy-efficient products, might be set back a quarter or two. ESG Blog: BNP Paribas AM and Federated Hermes back Total's 'net zero by 2050' promise Despite the global economic challenges...
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