Saturna's Pierce McCrerey Contributes Article on Decoupling GDP and Emissions to GreenMoney Journal
Saturna Capital's Pierce McCrerey recently contributed an article to GreenMoney Journal titled "Balancing Climate Change and Development: Challenges in Decoupling GDP and Emissions."
In the article, McCrerey examines the divergent trajectories of economic and emissions growth across developed and emerging market countries, underscoring why the path to achieving global climate goals runs squarely through emerging economies.
He explores the decade of progress — and persistent shortfalls — since the signing of the Paris Agreement in December 2015, noting that projected warming has fallen from 4 degrees Celsius to roughly 3 degrees Celsius, but that global emissions continue to grow well beyond the agreement's 2 degrees Celsius target.
The article highlights the pivotal role of targeted investment in bridging financing gaps and enabling countries to advance economically while aligning with their Nationally Determined Contributions (NDCs) under the Paris framework.
You can read the article over at GreenMoney Journal.
About Saturna Capital Corporation
Saturna Capital Corporation, established in 1989 in Bellingham, Washington, USA, is a private, employee-owned, investment adviser with US$9.9 billion in assets under management, providing investment advisory services to mutual funds, institutions, businesses, individuals, and endowments. Saturna Capital is adviser to the Amana Mutual Funds Trust, the oldest and largest family of funds in the US that follow principles of Islamic finance. Saturna Capital is also adviser to the US-based Sextant Mutual Funds and Saturna Sustainable Funds.