Climate change is seen as a critical business issue, touching nearly every corner of the global economy. Increasingly, investors and companies recognize that steps to reduce carbon emissions could have a material impact on the business outlook. However issues raised by the carbon transition are diverse, vary significantly among sectors and geographies and are generally less closely followed in the emerging markets. The purpose of this initiative is to educate emerging markets investors on the expected ramifications of the carbon transition on investment portfolios and to review best practice among companies in mitigating climate change. 

This initiative surveys a range of topics relevant to carbon transition risks in emerging markets, with a particular focus on sector perspectives. We hold monthly calls/webcasts with a range of experts. The EMIA publishes a policy brief summarizing key takeaways, reference material and advocacy points for investors. CTI is led by a Steering Committee which currently includes Pavel Laberko, Brishni Mukhopadhyay, and Justin Kew.

The Debt and Fiscal Governance (DFG) Program brings together institutional investors, policy experts and government finance officials for the purpose of advancing fiscal transparency and sustainability in emerging markets, including low-income countries.

 

The ESG Initiative (ESGI) is a project to develop a holistic, best-practice framework for integration and advocacy involving environmental, social and governance (ESG) factors across all emerging market asset classes, synthesizing a broad range of academic, proprietary and first-hand expertise. The ESGI is led by Fergus McCormick. 

 

The Extractive Industries Program enables emerging markets investors to be advocates for good environmental, social and governance (ESG) practices in the oil, gas and mining industries.

The Sovereign Decarbonization Program focuses on helping investors engage governments to improve their environmental practices. The Program identifies focus areas that are likely to include securing national commitments to halt new coal capacity and supporting the achievement of Paris Accord commitments (NDCs, National Determined Contributions).