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
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
17 October 2025
The business case for CCS is strengthening as costs decline, but deployment must accelerate to align with credible net-zero scenarios
17 October 2025
The black-tie gala recognised the energy industry’s leading innovations and thought leaders from across the value chain






