Delegates walk past a screen during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 1, 2021.
Yves Herman | Reuters
Inflationary pressures arising from efforts by governments and businesses to adhere to net-zero initiatives will extend far beyond energy prices, according to Seema Shah, chief strategist at Principal Global Investors.
The risks of “greenflation” — increases to energy prices and consumer costs triggered by global efforts to transition to green energy — have been well-documented.
However, in a new research note alongside the COP26 climate conference and seen by CNBC, Shah argued that “the rapidly changing way that companies across all sectors…