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Climate Change Special Initiative

The transition to a low carbon economy represents a key challenge facing leaders in the early 21st century. Climate change creates risks and opportunities that will shape the context for institutions and individuals throughout society.
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Featured in the Climate Change Special Initiative
How climate change could affect corporate valuations
October 2008
Efforts to reduce climate change can profoundly affect the valuations of many companies, but executives so far seem largely unaware.
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Carbon capture and storage: Assessing the economics
September 2008
Carbon capture and storage has potential to play a significant role in the European and global response to climate change. However, there are uncertainties to overcome, and this will impact on its cost.
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Climate change and supply chain management
August 2008
Top companies regard climate change as an opportunity to get closer to suppliers—effectively reducing costs and carbon in their supply chains.
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The economics of solar power
July 2008
Don't be fooled by technological uncertainty and the continued importance of regulation; solar will become more economically attractive.
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Using energy more efficiently: An interview with the Rocky Mountain Institute's Amory Lovins
July 2008
Amory Lovins argues that market forces, not regulation, will play the key role in promoting more efficient energy consumption.
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The carbon productivity challenge: Curbing climate change and sustaining economic growth
June 2008
Meeting commonly discussed greenhouse gas abatement paths by 2025 while maintaining economic growth will require a tenfold increase in "carbon productivity," the amount of GDP produced per unit of carbon equivalents emitted. The macroeconomic costs of this "carbon revolution" are likely to be manageable.
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Business strategies for climate change
April 2008
Huge value is at stake. The winners will be companies that reposition themselves to seize the opportunities of a low-carbon future.
Read more on the McKinsey Quarterly site
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McKinsey Global Institute
Background Information on Climate Change (non-McKinsey documents)
Stern Review on the HM Treasury Web site
IPCC Web site
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