The UK's Foreign, Commonwealth and Development Office (FCDO) has called upon industry to convene and identify the barriers and opportunities to greater capital mobilisation from institutional investors to Emerging Market and Developing Economies (EMDEs).
Addressing climate change in EMDEs requires trillions of dollars of investment over the coming decades. The earlier these investments are made, the greater their effect on the mitigation and adaptation goals of the Paris Agreement, reducing exponentially larger future loss and damage requirements, and lowering the chances of broader systemic risks from climate change impacts.
IIGCC has synthesised the outputs of workstreams led by Aviva Investors, Mercer and PIDG, to produce this final report which underscores the need for collaboration between the UK Government, institutional investors and other stakeholders to overcome barriers and enable this shift of investment towards EMDEs.
The UK Government is uniquely positioned to bring the financial industry together to unlock investment opportunities that address climate and wider development challenges. This report focuses on actions that the Government, institutional investors and other relevant stakeholders can take in the next 5-10 years for private investors to mobilise capital at scale towards emerging markets and developing economies (EMDEs).
