HomeRI ResourceAXA Investment ManagersCOP28: Limited expectations met with some progress on climate finance

Key points:

  • COP28 saw agreement on transitioning away from fossil fuels, but there is still much more to be done to turn words into concrete actions
  • Increased support for developing countries was a welcome step, and of potential interest to fixed income investors
  • We also see potential opportunities for equity investors given new pledges around food systems and sustainable agriculture
CATEGORIES: Environmental: Climate