“Investors call for blended finance to play a larger role in supporting climate adaption and mitigation in emerging markets.
A new report last week sent a sobering message to the great and the good getting set to converge on Glasgow for COP26.
There will be much noise and excitement in the city on the Clyde about what changes and impact can be made as we strive towards net zero, largely focused on the actions of the G20 economies, representing 85% of global GDP.
But those conversations can’t remain fixated on what is and should be being done in the developed world, warned the Investor Leadership Network (ILN), a body composed of 14 global institutional investors with over US$9 trillion in assets under management, supported by the Rockefeller Foundation.”
Read the full article in ESG Investor.