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COP26: what does it mean for financial markets?

ESG Insights

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Climate Change and the G Fans Alliance at COP

The G fans alliance and IFC announced a 3 billion fund to channel money towards the emerging market specifically in the area of climate needs. A key theme at COP was how do we scale up and mobilize capital to emerging markets which are one of the key geographical areas that need money to transition out of high carbon emitting sectors like coal into more renewable sectors. And then lastly there was a lot of focus on you know as you mentioned the MDBs finally aligning more increasinglyI should say with the private sectors.

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