September 28, 2023
Unlocking capital for sustainability 2023 - Enabling an equitable transition
Amid inflationary pressures, recession fears, rising interest rates and the ongoing war in Ukraine, the global investment picture is bleak. This complicates the net-zero transition for countries in developing Asia. The region’s transition has been estimated to require up to US$37 trillion over the next 3 decades to be aligned with Paris Agreement goals. While ensuring an equitable transition has emerged high on the international agenda in the past year, successful mechanisms remain elusive, especially against the current macroeconomic backdrop.
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