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Why scale up transition financing in emerging markets?
Azadeh Sabour, director of Climate Thought Leadership at Morningstar Sustainalytics, examines different approaches to scaling up transition finance in emerging markets
By Azadeh Sabour
Emerging markets and developing economies are expected to be the largest source of future emissions growth2 due to growing energy demands driven by rapid industrialisation, urbanisation, and population growth.These markets have also historically received less investment than developed markets,4 and so a mobilisation of unprecedented levels of capital from the private sector is required.
This article first appeared on NZI Spark! Read the full article here
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