Transition funding opens ESG opportunities in Asia’s emerging markets

Investors stand to lose out on climate and social investing opportunities if they divest completely from Asia’s emerging markets due to low environmental, social and governance (ESG) ratings, experts have told AsianInvestor. Blanket negative screening of countries could also have social repercussions, because many of these nations are reliant on “brown” assets. Carmen Nuzzo, PRI “On the environmental side, EMs still have a heavy reliance on coal, and there is a need to i…