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Stock impact report

Steering Climate Funds to Emerging Markets Runs Into Risks [BNN Bloomberg (Canada)]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: BNN Bloomberg
These are some of the obstacles that have historically held back the flow of climate-focused capital to emerging markets, said Marisa Drew, chief sustainability officer at Standard Chartered Plc, speaking Thursday at the Bloomberg Sustainable Finance Forum. “If you can get a decent return somewhere else without taking on all those risks, you start to see some of that capital transfer elsewhere,” Drew said. However, Drew added that the perceptions about emerging-market risks are often wrong. “My experience working with my partners offers a very different picture,” she said. When it comes to mobilizing capital with the goal of achieving net zero emissions, there should be a focus on funding adaptation, or making property and infrastructure more resilient to the physical impacts of climate change, and not just an exclusive obsession with carbon mitigation, Drew said. Catastrophic weather events have become the norm across the world, she said. “We need to tackle this and the priv Show less Read more
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