Leading futurist sets out vision for the transition
Transition Economist talks to Bank of America’s Haim Israel about how the world can achieve net zero by 2050—and how the associated ‘megatrends’ will shape society and the global economy
Haim Israel has been with Bank of America since 2004 but very much has his eyes on the future. Three years ago he became the global strategist and head of thematic investment research team, which identifies the ‘megatrends’ that will have a profound impact on society over a five-to-ten-year horizon. The thematic team certainly does not engage in the short termism for which financial markets and institutions often attract criticism. “We do not look at the quarterly earnings or valuations,” he says. “We operate one level above the top-to-bottom approach.” “[Net zero] is a very ambitious target with geopolitics and lots of different interests involved, so every delay is critical” Israel

Also in this section
27 June 2025
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
26 June 2025
Last year was one of records for renewables but also for oil, gas and coal, as the energy transition progresses in an increasingly uneven way, according to the Energy Institute’s latest annual report
19 June 2025
Andean country has become a leading destination for voluntary carbon credit investment, but challenges remain
18 June 2025
Gas Processors Association Europe brings together leading specialists at annual event in Netherlands to analyse the challenges and opportunities presented by technology at heart of Europe’s decarbonisation strategy