“Impacts are already being experienced by key economies, and HSBC’s latest research identifies India, China, Indonesia, South Africa and Brazil as the five G20 nations most vulnerable to the impacts of climate change. Together, they represent 31% of projected global GDP in 2050. Over the following year, we believe that – from the next reports – the IPCC will provide stronger foundations for climate action by governments, businesses and investors, culminating in the deadline for negotiations in December 2015.” – Nick Robbins, head of HSBC Climate Change Centre for Excellence via the Guardian