11.25.19
What Is Sustainable Finance? That's a $4 Trillion Question for Investors
by: Ameya Karve
A lack of common global definitions that would make it easier to identify what is "sustainable" is hindering efforts by major fund managers to put more money into emerging-market sustainable investments. There is a shortfall of as much as $4 trillion a year in investment needed to help address problems such as climate change, the United Nations estimates. The lack of common standards is one sticking point in filling that gap, money managers say, along with lack of data on carbon emissions and inadequate collaboration between regulators globally.
Read the full article on Bloomberg