Growing Reluctance To Have Kids In A Collapsing Climate Enough To Get Morgan Stanley's Attention [View all]

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A growing number of people are reluctant to bring a child into a world that’s set to be ravaged by climate change in the coming decades.

This week, the United Nations issued a “code red for humanity” as the world’s leading climate scientists delivered their starkest warning yet about the deepening climate emergency. The Intergovernmental Panel on Climate Change’s report on Monday said global temperatures are likely to rise by 1.5 degrees Celsius in the next two decades, exceeding a key target of the Paris Agreement — a landmark accord considered critically important to reduce the risk of a climate catastrophe.

Scientists’ increasingly bleak outlook for the future of the planet is putting more and more people off having children. Analysts at Morgan Stanley said in a note to investors last month that the “movement to not have children owing to fears over climate change is growing and impacting fertility rates quicker than any preceding trend in the field of fertility decline.” To support their argument, they pointed to surveys, academic research and Google data that shows climate change is directly and indirectly accelerating the decline in fertility rates. UCLA researchers showed that the number of births in the U.S. fell in the nine months after an extreme heat event while a study of 18,000 couples in China last year showed that climate change, and particulate pollution in particular, was associated with a 20% increased likelihood of infertility.

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Some of those who already have children are also worried. Thom James, 39, a managing partner at advertising and public relations firm Havas U.K., told CNBC: “I had a major depressive episode last year based on existential angst over the world my children would be growing up in.” James has two girls aged three and six. “Worrying about their future is a frequent trigger for me,” he said. “I’m constantly thinking about when it’s going to be appropriate to dissuade them from having children of their own, as I think we’re really past the point of no return.”

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https://www.cnbc.com/2021/08/12/climate-change-is-making-people-think-twice-about-having-children.html