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Plugging emerging markets’ green funding gap
The global market for green bonds has expanded rapidly, however the involvement of the private sector in emerging markets remains limited, and this has curbed funding for climate-smart developments, according to Amundi.
In recent years, a “new force” has emerged as funding for climate change shifted from policymakers and NGOs to include societies and institutional investors, says Frédéric Samama, Deputy Global Head of Institutional Sales at Amundi Asset Management.
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