Archive · 29 Sep 2025
KPMG: Disordered Transition Hinders Climate Goals
Imagine the Earth is getting a fever, and countries made a plan to cool it down.
This plan is the Paris Agreement.
A big expert, John from KPMG, says that countries aren't working together as well as they should.
Some are going faster, some slower.
Because of this, it's unlikely the Earth's fever will stay down as much as everyone hoped.
John says we're still making progress, but not fast enough to reach the main goal.
The changes happening now are very complicated and will cost a lot of money.
Even though some politicians change their minds, many companies are still trying to help with the plan.
John McCalla-Leacy of KPMG stated the 1.5°C target is unlikely to be met.
The energy transition is described as 'disorderly,' with countries taking different approaches.
The Paris Agreement was adopted in 2015, with its 10-year anniversary approaching in 2025.
Over 60% of global CEOs are maintaining their climate goals.
Approximately $2 trillion was invested in renewable energy last year, but more is needed.
- Who
- John McCalla-Leacy, Head of ESG at KPMG International.
- What
- A disordered energy transition is making it unlikely that the world will meet the Paris Agreement's goal of limiting global warming to 1.5 degrees Celsius.
- When
- The Paris Agreement was adopted in 2015 and will have its 10-year anniversary in 2025.
- Where
- Global
- Why
- Differing paths and trajectories in climate action are hindering progress.
- Organization
- KPMG International
- Key Figure
- John McCalla-Leacy, Head of ESG at KPMG
- Paris Agreement Anniversary
- 10 years in 2025
- Global Warming Target
- 1.5 degrees Celsius above pre-industrial levels
- Estimated Cost of Transition
- $275 trillion (2020-2050)
- Renewable Energy Investment (2023)
- $2 trillion