All into Account: El Niño - Market implications for Asia, and why we think the spotlight turns to climate adaptation

After three years of La Niña conditions, climate prediction models are forecasting a transition to El Niño later this year. This could mean lower rainfall across parts of Asia, among other effects, and has market implications, particularly in commodity- and consumer-related sectors. A switch to El Niño could also exacerbate the warming effect of climate change and see global temperatures temporarily breach the 1.5°C threshold of the Paris Agreement for the first time. From an ESG and climate change investing perspective, new heat records could refocus the lens on adaptation, which, so far, has proven to be an under-invested theme. J.P. Morgan analysts Jeff Ng, Sin Beng Ong, Jeanette Yutan, Sanjay Mookim and Hannah Lee discuss all of this.

This podcast was recorded on Jun 07, 2023.

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