FII ESG London - S015 | How Disruptions to the Real Economy are Creating an Opportunity for Emerging

Aniket Shah, the Global Head of ESG Strategy at Jefferies, emphasized the pivotal role of emerging markets in driving sustainable development and addressing climate change. He highlighted the necessity for experimentation and innovation in these markets due to their vulnerability to climate change and their relatively low contribution to global CO2 emissions. Shah stressed the importance of focusing on renewable energy investment, partnerships between high-income and low-income countries, new approaches to measuring economic progress, low-cost sustainability innovation, and climate change adaptation. He underscored the need for increased support and understanding from the investment community for emerging markets, emphasizing the potential for capital flow from high-income to low-income countries through multilateral development finance systems. Shah also advocated for a shift in focus towards climate change adaptation, particularly in vulnerable regions such as South Asia and the agricultural sector.