To finance the investments needed to achieve net-zero emissions by 2050, the private sector needs to step up – particularly in emerging market and developing economies. By 2030, climate change mitigation investment needs are projected to increase to $2tn in EMDEs. These countries, however, are projected to have limited fiscal space and face challenging market conditions, which increase their financing costs.
The 2024 global economic outlook is less than stellar. Enormous growth, macroeconomic policy and geopolitical uncertainties pervade the outlook and foreign exchange markets. How this plays out is anybody’s guess.
This roundtable discusses how central banks are embracing their role in safeguarding nature and how this can contribute to the emergence of ‘new normal’ in the global financial landscape.
OMFIF’s survey of public sector borrowers, debt capital markets banks and fixed income investors investigated the problems with the bond market infrastructure. Watch →
From central banks’ forays into digital currencies and attitudes to cross-border payments, this report delves into the push to develop regional payment networks and the challenges of establishing regulatory harmony.