Plugging emerging markets’ green funding gap

In recent years, a “new force” has emerged as funding for climate change shifted from policymakers and NGOs to include societies and institutional investors, says Frédéric Samama, Deputy Global Head of Institutional Sales at Amundi Asset Management. While this growth has been significant, in part driven by the momentum of the Paris Climate agreement in December 2015 as well as the high rate of issuance from China-based banks and corporates, “a huge gap” persists. Barring China, …