第27屆聯合國氣候變化大會 (COP27):「潔淨的投資組合」不利新興巿場。我們需要對世界有實際影響。(只供英文版)

Ninety One 晉達業務總監John Green提出為新興巿場提供淨零碳轉型融資的理據。

2022年11月8日

John Green
Ninety One 晉達業務總監John Green提出為新興巿場提供淨零碳轉型融資的理據。

08 November 2022, The world emits around 50 billion tonnes of greenhouse gas emissions every year1. About half of these emissions come from emerging markets. In the next 15 years, it is likely that 90-100% of the growth in greenhouse-gas emissions will originate in emerging markets. The way to address this challenge and influence real change is to invest significant private sector capital in emerging markets – or risk failure to achieve net zero.

Many asset owners and managers have set targets that focus on reducing carbon-portfolio emissions. Mechanistically applied, the consequence is often divestment that starves emerging markets of capital and leaves the problem of high emissions to worsen.

There is a growing and investable opportunity for private sector capital to play a meaningful role in the process of decarbonisation in emerging markets. The provision of finance to emerging market companies to support their transition plans is one example of this. To satisfy investors, support could be conditional on investee companies establishing credible transition plans and reporting the plan implementation milestones.

Our independently conducted research, The rise of transition finance, found 60% of asset owners say fighting climate change is a strategic objective, with 51% saying their fund has emissions-reduction targets in respect of real-world impact. However, only 19% use transition finance in their portfolios. Fewer still (16%) say their fund invests in transition-finance assets in emerging markets. Notably, though, there is conviction among this 16%, with 86% saying expansion of transition finance in emerging markets is a priority. Asset owners and managers who simply divest from high emitters, particularly in emerging markets, are stepping back from powerful change levers in the fight to achieve net zeros.

Climate change is a problem for all humanity. We must lean into the challenge and put capital to work in ways that will help bring about a successful transition over time. If we do not approach this in an orderly, inclusive and collaborative way, we are not going to solve the problem.

1 Our World in Data, Our World in Data CO2 and Greenhouse Gas Emissions database https://ourworldindata.org/greenhouse-gas-emissions

John Green
業務總監

No result found

Important Information

This communication is provided for general information only should not be construed as advice.

All the information in is believed to be reliable but may be inaccurate or incomplete. The views are those of the contributor at the time of publication and do not necessary reflect those of Ninety One.

Any opinions stated are honestly held but are not guaranteed and should not be relied upon.

All rights reserved. Issued by Ninety One.

所列示的過往表現數據並不反映未來表現。投資者應注意,投資帶有風險。投資者應參閱銷售文件以了解詳情,包括風險因素。本網站未經香港證監會審查。

一經點擊以下投資者關係的連結,閣下將離開專為香港零售投資者提供資料的本網站,進入全球網站。

務請注意,全球網站並非以香港投資者為對象。該網站未經香港證券及期貨事務監察委員會(「證監會」)審閱。該網站可能包含未經證監會認可的基金及其他投資產品的資料,因此不得向香港零售投資者銷售。該網站亦可能包含據稱由晉達集團旗下的香港境外公司提供或採取的投資服務/策略的資料。

本網站所載的任何產品文件及資料僅供參考,並供位於有關資料及其使用並無違反當地法律或規例的司法管轄區或國家的人士或實體使用。

發行人:晉達資產管理香港有限公司
電郵:[email protected] 
電話:(852) 2861 6888
傳真:(852) 2861 6861