Schroders

With central banks seeking to tame high inflation, monetary policy is constrained, leaving governments to ease the pain of higher inflation where possible.

It might not sound like big news, or even climate-relevant, on the face of it, but the US’ new Inflation Reduction Act has been considered a major development in global efforts to combat climate change.

Companies who are already reducing their emissions should prove lower risk investments as the pace of regulation picks up.

Boris Johnson’s resignation triggers a leadership contest for the Conservative Party and premiership that is unlikely to be settled before the autumn.