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COP26 in Glasgow highlighted the critical need for financial markets to be part of the solution to the climate emergency, and this partnership reinforces our commitment to enable this transition,” said Arne Staal, FTSE Russell CEO. of ESG issuance for 2021, according to the IHS Markit.
An important key to unlocking that finance lies in green and sustainable emerging market bonds, which promise lenders both returns and the opportunity to invest in projects with an ESG impact. Rich countries have since struggled to deliver on this pledge, but the private sector have begun to step in. Recourse for misuse of funds.
Arguments throughout the two weeks of COP15, largely over financing, were largely allayed at the end, but the GBF too often lacked numerical targets and time-bound commitments for a document aimed at reversing decades of over-exploitation by the end of the decade. These are signals about what needs to happen on the ground. Finance showed up”.
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