Experts identify the winners and losers as decarbonisation efforts intensify

Green solutions suppliers stand to gain, while energy- and direct emission-intensive sectors likely to face challenges

Michelle Quah

Published Wed, Aug 25, 2021 · 05:50 AM

Singapore

THE United Nations' (UN) climate panel recently sounded its most dire warning to date, saying that the world is dangerously close to runaway warming, with consequences expected to be particularly bleak for Asia's disaster-prone poor.

The Intergovernmental Panel on Climate Change's (IPCC) call for immediate, rapid and large-scale action to bring down greenhouse gas (GHG) emissions will impact economies and corporations around the world - some to a greater extent than others. The Business Times spoke to experts on the businesses and industries that would be most affected and how this would influence investors' decisions going forward.

"The recent IPCC report has rung the loudest alarm bell yet, warning of the irreversible changes to our climate already underway," said Liam Woods, head of Business Development, APAC (Asia-Pacific), at global financial services provider Apex Group. "We believe that this report is a call to action for all companies regardles…