Scaling up Green Financing
The current pandemic poses a major risk for the global economy, exposing financial vulnerabilities, and testing the post-financial crisis economic model. Sustainable investing is very much part of the COVID-19 response. Governments, central banks, investors and financial institutions have a vital role to play in investing in a green economy.
Michael Ridley, Senior Responsible Investment Specialist at HSBC Global Asset Management recently spoke at the AIM Annual Investment Meeting which covered the following topics:
- The Green Economy Transition approach to help countries build low carbon & resilient future
- Boosting investments towards a green economy, promoting renewable energy and combating climate change
- Policy requirements for standardization of green finance practice, supporting market development for green investments at a global level and supporting developing countries in implementing national sustainable finance roadmaps
- Closing the USD2.5 trillion SDG Financing Gap