ESG & Sustainability Insights

How can finance help
combat climate change?

6 minutes read time

RBS economist Katerina Lisenkova explores the relationship between climate change and the finance sector.

Warming stripes show the average temperature in the UK between 1884 and 2018

The current level of warming globally is about 1C above the pre-industrial level. Globally, 19 out of 20 of the warmest years happened this century.

110%

Human activity is responsible for about 110% of global temperature increase since 1950 - natural causes on their own would lead to global cooling.

97%

There's a 97% expert consensus on human-caused global warming.

"We are more sure that greenhouse gas is causing climate change than we are that smoking causes cancer"

 
Kate Marvel
Nasa atmospheric scientist

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By Katerina Lisenkova

RBS economist