The 2015 Paris Agreement has focused global attention on the need for countries to address climate change risks. But not all countries are equal, in terms of either their ambition or ability to achieve economies which are low-carbon and aligned with greenhouse gas emission trajectories which scientists say are necessary to limit warming to 2ºC. The associated transition in national energy systems and broader economies to a low-carbon world will present risks, but also opportunities.
This report is the latest in HSBC’s Fragile Planet series, and it starts with a question: Which countries have the political economy – the policy, government and institutions, economic diversity and energy resources – to give them a competitive advantage as the world progresses with a low-carbon transition?
This question is answered through an analysis of 67 countries in the MSCI's developed, emerging and frontier market categories, covering 80% of the world’s population and 94% of GDP.
[The information and figures above were extracted from the report.]