COP28: Limited expectations met with some progress on climate finance
- 19 December 2023 (7 min read)
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
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