Dr. Nasser Saidi joined a panel discussion titled “The 50 trillion dollar question: Closing the Emerging Markets’ Capital Gap”, organised by The Economist and supported by Standard Chartered, on 25th November 2020.
The topic overview is as follows:
The goal of ESG impact alongside financial returns is becoming the new default for investors. Today, the UN’s Principles for Responsible Investing represents more assets than it ever has. The flurry of social-bond issuing this year, far above 2019 levels, to underpin the covid-19 economic recovery, is also testament to this upward trend. The implications should be heralded across the board. Sustainable finance will underpin the world’s ability to meet the 2030 Agenda and the Paris Agreement. It is also key to international development, as emerging markets race against time to transition to low-carbon and climate resilient economies. For now though, sustainable investments tend to be skewed to the West. The irony is that if impact is the bottom line, then emerging markets – where the impact of every dollar is disproportionately greater – should be top of mind. There is a growing imperative to transfer a portion of the estimated 50 trillion dollars under asset management into sustainable projects in emerging markets, if we are to make an impact on decarbonising.
Watch the discussion below:
"The 50 trillion dollar question: Closing the emerging markets’ capital gap", The Economist’s virtual event, 25 Nov 2020
29 November, 2020
read < 1 minute
Read Next
publication
Weekly Insights 26 Apr 2024: GCC’s non-oil sector driven GDP growth to continue into 2024
Bahrain & Oman GDP & FDI. Inflation in Kuwait & Oman. Saudi foreign trade. GCC’s
26 April, 2024
publication
Weekly Economic Commentary – Apr 22, 2024
Download a PDF copy of the weekly economic commentary here. Markets Major equity
22 April, 2024
publication
Weekly Insights 19 Apr 2024: Growth in MENA to rise in 2024, but will remain divergent amid geopolitical risks
IMF forecasts (growth, inflation, debt). Saudi inflation, IP. Dubai tourism. Download a PDF copy of
19 April, 2024