Sustainable Investing

Climate clocks

A climate clock is a means of demonstrating how much carbon can still be released into the atmosphere without breaching the Paris Agreement. As millions of tons of greenhouses gases are released by human activity daily, the world will eventually lose the ability to release any more without accelerating global warming.

Two of the best known are the MCC Carbon Clock run by German scientists, and a grassroots Climate Clock launched by a network of activists.

The MCC Carbon Clock shows how much carbon dioxide can still be released if the rise in global temperatures is to be limited either 2°C or 1.5°C. With just a few clicks, you can compare the estimates for the temperature targets, and see how much time is left in each scenario. Currently, there is only six years and 10 months left for the 1.5° C scenario, and 24 years and 8 months left for 2° C.

The clock is run by the Mercator Research Institute on Global Commons and Climate Change (MCC), a scientific think tank founded by the scientific foundation Stiftung Mercator and the Potsdam Institute for Climate Impact Research. The data is supplied by the Intergovernmental Panel on Climate Change (IPCC), and is based on the fact that around 42 gigatons of CO2 is emitted globally every year, or 1,332 tons per second.

The estimates of the remaining carbon budget are based on the IPCCC’s ‘Global Warming of 1.5°C’ report in autumn 2018. The next update of the carbon clock is set to come from the IPCC's Sixth Assessment Report due in 2022.



The Climate Clock was launched by the Beautiful Trouble activists network in 2015 to provide a measuring stick against which their supporters can track climate change mitigation progress. The clock can be displayed as a digital reading on buildings in major cities, on websites, or on apps. One was displayed in New York – appropriately enough in Times Square – while the first hand-held Climate Clock was custom built for activist Greta Thunberg.

The clock only counts down until when the world will reach 1.5 degrees of warming and broadly concurs with the MCC Carbon Clock – that the threshold will be reached in just under seven years. It shows that global warming to date is 1.14°C from pre-industrial times, leaving little room for maneuver if the Paris limits are not to be breached.


image.png

Creating returns that benefit the world we live in

Let's keep the conversation going

Keep track of fast-moving events in sustainable and quantitative investing, trends and credits with our newsletters.

Stay updated
Robeco

Robeco aims to enable its clients to achieve their financial and sustainability goals by providing superior investment returns and solutions.

Important information This disclaimer applies to any documents and the verbal or written comments of any person in presentations or webinars on this website and taken together is referred to herein as the “Information”. The services to which the Information relate are NOT FOR RETAIL CLIENTS - The information contained in the Website is solely intended for professional investors, defined as investors which (1) qualify as professional clients within the meaning of the Markets in Financial Instruments Directive (MiFID), (2) have requested to be treated as professional clients within the meaning of the MiFID or (3) are authorized to receive such information under any other applicable laws and must not be relied or acted upon by any other persons. This Information does not constitute an offer to sell, or a solicitation of an offer to buy, any financial product, and may not be relied upon in connection with the purchase or sale of any financial product. You are cautioned against using this Information as the basis for making a decision to purchase any financial product. To the extent that you rely on the Information in connection with any investment decision, you do so at your own risk. The Information does not purport to be complete on any topic addressed. The Information may contain data or analysis prepared by third parties and no representation or warranty about the accuracy of such data or analysis is provided.
In all cases where historical performance is presented, please note that past performance is not a reliable indicator of future results and should not be relied upon as the basis for making an investment decision. Investors may not get back the amount originally invested. Neither Robeco Institutional Asset Management B.V. nor any of its affiliates guarantees the performance or the future returns of any investments. If the currency in which the past performance is displayed differs from the currency of the country in which you reside, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency. Robeco Institutional Asset Management B.V. (“Robeco”) expressly prohibits any redistribution of the Information without the prior written consent of Robeco. The Information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use is contrary to law, rule or regulation. Certain information contained in the Information includes calculations or figures that have been prepared internally and have not been audited or verified by a third party. Use of different methods for preparing, calculating or presenting information may lead to different results. Robeco Institutional Asset Management UK Limited (“RIAM UK”) is authorised and regulated by the Financial Conduct Authority. RIAM UK, 30 Fenchurch Street, Part Level 8, London EC3M 3BD (FCA Reference No:1007814). The company is registered in England and Wales under Ref No. 15362605.

In all cases where historical performance is presented, please note that past performance is not a reliable indicator of future results and should not be relied upon as the basis for making an investment decision. Investors may not get back the amount originally invested. Neither Robeco Institutional Asset Management B.V. nor any of its affiliates guarantees the performance or the future returns of any investments. If the currency in which the past performance is displayed differs from the currency of the country in which you reside, then you should be aware that due to exchange rate fluctuations the performance shown may increase or decrease if converted into your local currency. Robeco Institutional Asset Management B.V. (“Robeco”) expressly prohibits any redistribution of the Information without the prior written consent of Robeco. The Information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use is contrary to law, rule or regulation. Certain information contained in the Information includes calculations or figures that have been prepared internally and have not been audited or verified by a third party. Use of different methods for preparing, calculating or presenting information may lead to different results. Robeco Institutional Asset Management B.V. is authorised as a manager of UCITS and AIFs by the Netherlands Authority for the Financial Markets and subject to limited regulation in the UK by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority are available from us on request.