The Climate Progress Dashboard was created to help Schroders’ analysts, fund managers and clients track climate action. Meeting global leaders’ commitments to limit temperature rises to 2°C will require action across a range of areas, by a range of stakeholders.
The dashboard plots the long-run rise in temperatures implied by efforts in each area, providing a bird’s eye view of the speed and scale of climate action across the spectrum of areas that will need to change. It provides a more complete view than any indicator in isolation.
When we launched it a year ago, the Climate Progress Dashboard pointed to a 4.1 degree temperature rise. Since then, it has fallen slightly to 4 degrees. Indicators are moving in the right direction, and there are reasons for optimism looking at individual indicators, but it is also clear that far faster action is needed and far more disruption lies ahead.