Mr. Behnam noted that market regulators in other countries, some of whom were represented at the risk committee meeting, are taking steps to assess and mitigate climate change financial risks
Despite this tremendous growth, we believe it is still early days, in particular for ESG investing via fixed income.
What’s more, Gillespy said, “These figures are only set to grow with China’s increasing reliance on soy imported from Brazil.”
So-called impact investing - which marries social and environmental outcomes with financial returns – has grown rapidly over the past decade, but the sector tends to be mostly accessible to large or institutional investors.
A large number of affiliate members, regional and international organisations, and special guests attended the event.