The Bid

After yet another year of record temperatures and extreme weather events, there’s more and more discussion about how we can fight climate change and get to a net zero future – an economy that emits no more carbon dioxide than it removes from the atmosphere by 2050. But what does this transition look like in practice?On the second episode of a five-part mini-series on megatrends, Chris Ailman, Chief Investment Officer of the California State Teachers’ Retirement System, and Salim Ramji, Global Head of iShares and Index Investments for BlackRock, share their perspective. They discuss why divesting is not enough to achieve net zero, what companies need to do to shift their business models, and why the low-carbon transition presents a potential investment opportunity.This material is for informational purposes and is prepared by BlackRock, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any