Analysis by the International Panel on Climate Change (IPCC) makes the prediction in its ‘Special Report on the Ocean and Cryosphere in a Changing Climate’, which studies the effect of global warming on sea levels.
It says 90% of the 1 degree Celsius rise in average global temperatures above pre-industrial levels seen thus far has been absorbed by the oceans, having a major impact on sea life and corals. The Paris Agreement signed in 2015 aims to restrict global warming to 1.5 degrees Celsius by the end of this century.
However, record levels of carbon emissions that show no signs of abating have accelerated global warming. The IPCC report now warns that unless drastic action is taken for the world to become carbon-neutral by 2050, global warming may become uncontrollable.
Global warming is causing the ice caps to melt, with record levels of glacier melting seen this summer in the Arctic and Antarctic, disgorging billions of tons of fresh water into the ocean. The problem is made worse because frozen areas such as permafrost trap carbon that is released when it melts, causing a vicious cycle of further warming.
The IPCC report says that global average sea levels could now rise by up to 1.1m by 2100, up 10 cm on previous estimates. Rising sea levels threatens dozens of large coastal cities and those that lie on tidal rivers, including London, New York, Mumbai, Shanghai and Jakarta. It also risks flooding countries that lie below or at sea level, such as Bangladesh, the Netherlands and most islands in the Pacific and Indian oceans.
One way that investors can help the fight against global warming is by investing in the UN’s Sustainable Development Goals, particularly SDG 13 on Climate Action. RobecoSAM’s Global SDG Equities strategy systematically screens a diversified group of companies based on their SDG impact scores – including their commitments to decarbonizing – and selects the best ones for the fund.
“For nearly two decades RobecoSAM has been in the business of anticipating significant structural trends that will impact the environment and business models. Climate change is a very powerful and very visible example of one of those trends,” says Rainer Baumann, Lead Portfolio Manager for the strategy.
“Our SDG fund invests in companies which are enabling the transition to a low-carbon economy through clean energy solutions as well as in companies helping to reduce carbon emissions through energy-efficient tools, services, and infrastructure. In addition to climate change, the fund provides exposure to all 17 SDGs – all of which are aimed at protecting life, society and the planet.”
The content displayed on this website is exclusively directed at qualified investors, as defined in the swiss collective investment schemes act of 23 june 2006 ("cisa") and its implementing ordinance, or at “independent asset managers” which meet additional requirements as set out below. Qualified investors are in particular regulated financial intermediaries such as banks, securities dealers, fund management companies and asset managers of collective investment schemes and central banks, regulated insurance companies, public entities and retirement benefits institutions with professional treasury or companies with professional treasury.
The contents, however, are not intended for non-qualified investors. By clicking "I agree" below, you confirm and acknowledge that you act in your capacity as qualified investor pursuant to CISA or as an “independent asset manager” who meets the additional requirements set out hereafter. In the event that you are an "independent asset manager" who meets all the requirements set out in Art. 3 para. 2 let. c) CISA in conjunction with Art. 3 CISO, by clicking "I Agree" below you confirm that you will use the content of this website only for those of your clients which are qualified investors pursuant to CISA.
Representative in Switzerland of the foreign funds registered with the Swiss Financial Market Supervisory Authority ("FINMA") for distribution in or from Switzerland to non-qualified investors is ACOLIN Fund Services AG, Affolternstrasse 56, 8050 Zürich, and the paying agent is UBS Switzerland AG, Bahnhofstrasse 45, 8001 Zürich. Please consult www.finma.ch for a list of FINMA registered funds.
Neither information nor any opinion expressed on the website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco/RobecoSAM AG product should only be made after reading the related legal documents such as management regulations, articles of association, prospectuses, key investor information documents and annual and semi-annual reports, which can be all be obtained free of charge at this website, at the registered seat of the representative in Switzerland, as well as at the Robeco/RobecoSAM AG offices in each country where Robeco has a presence. In respect of the funds distributed in Switzerland, the place of performance and jurisdiction is the registered office of the representative in Switzerland.
This website is not directed to any person in any jurisdiction where, by reason of that person's nationality, residence or otherwise, the publication or availability of this website is prohibited. Persons in respect of whom such prohibitions apply must not access this website.