Despite the rise of sustainable investing, recent evidence shows that emerging markets receive a very small fraction of the capital allocated by investment funds to ‘green’ companies involved in carbon solutions. This column digs into the dynamics that inform investment allocation decisions by investment funds, exploring the motivations and constraints at both fund and country […]
The transition towards climate neutrality is creating both winners and losers. Renewable energy development often faces opposition from local communities concerned about potential environmental impacts without significant economic benefits. Using Italy as a case study, this column investigates whether such opposition translates into political costs at the polls. It finds that local governments authorizing wind […]
Azerbaijan’s capital, Baku hosted the annual global climate Conference of the Parties (COP) from November 11–23 2024. Over 60,000 delegates were registered from nearly 200 countries for COP29. Dubbed a “Climate Finance COP”, the annual Conference of the Parties dedicated to climate change centered on one of the most challenging issues facing countries: how to pay […]
