Asset owners and financial intermediaries increasingly seek to finance development that meets present needs without harming future generations.
This is around one-quarter of professionally managed assets globally.
The focus of ESG investing has been on equity markets – given its roots in corporate governance and engagement, and with information most readily available on listed companies.
I discussed our most recent Russia growth outlook at a roundtable at the Higher School of Economics Conference on Apr. 2 with a number of Russian and international experts. This conference is one of the most important and prestigious economic conferences in Russia, and traditionally, the World Bank co-sponsors it as part of its outreach to other stakeholders.
The room was packed...