日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Africa

Investment lacking to meet sustainable development goals in Africa

By Edith Mutethya in Nairobi, Kenya | chinadaily.com.cn | Updated: 2020-11-18 19:58
Share
Share - WeChat
A worker walks through rows of roses in a greenhouse while wearing protective equipment to help fight against the spread of the coronavirus disease (COVID-19) at the Maridadi flower farm in Naivasha, Kenya, July 20, 2020. Picture taken July 20, 2020. [Photo/Agencies]

The world risks missing the United Nations sustainable development goals deadline if it fails to increase investments in Africa and other emerging markets, a new report by Standard Chartered Bank has revealed.

Dubbed "The $50 Trillion Question: Are Investors Using their Assets to Help Meet the UN's Sustainable Development Goals?", the report found that global investors overwhelmingly focus their assets under management on developed markets.

In search of the answers, Standard Chartered Bank spoke to asset managers with a combined $50 trillion in assets under management from the world's top 300 asset management companies.

The research indicated that Europe is getting the most investment at 38 percent, followed by North America with 26 percent; Asia with 22 percent; South America, 5 percent; Africa, 3 percent and the Middle East 2 percent.

A radical shift in favor of emerging markets and sustainable development goal-linked investments will thus be required if the UN's Vision 2030 is to be realized.

As the economies furthest from reaching the sustainable development goal targets, emerging markets are where investment can have the greatest impact.

However, with the UN's 2030 deadline less than a decade away, investment in sustainable development goals in these economies is still short by trillions of dollars.

Looking at its $50 trillion investor panel's investment in sustainable development goals that seek to realize affordable, reliable and sustainable energy for all, the researchers found that there's a gap of $3.5 trillion to reach the private-sector investment required over the next decade. This means that unless something is done now, the goal will not be achieved by 2030.

Seventy percent of investors believe the pandemic has widened the capital gap between emerging and developed markets.

The report said only 13 percent of investors' assets under management is directed towards sustainable development goal-linked investments. Sadly, one-fifth of the asset managers interviewed during the study are not aware of sustainable development goals.

Didier von Daeniken, global head of private banking at Standard Chartered Bank, said improving education in sustainable development goal-linked investments and how financial institutions quantify the impact will be key to increasing sustainable investment and unlocking the financing needed to achieve these goals.

The risk posed by emerging markets was flagged as a major barrier to investment. More than two-thirds of investors believe emerging markets are high-risk, compared to 42 percent who believe the same for developed markets.

The main barriers are market volatility, bribery and corruption risk, government interference in business, heightened political risk and failure by expected returns to justify increased risk.

More than half of the panel believe that returns from investment in Africa are low or extremely low, with almost three in five investors saying they are deterred from investing because they lack in-house specialist teams.

In contrast, those already investing in Africa are optimistic about the region, with 93 percent saying they are likely to increase investment in future.

Fifty-four percent of Africa investors said their investments had performed as well as or better than their developed market investments over the past three years.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日日爱视频 | 精品国产乱码久久久久久牛牛 | 欧美激情精品久久久久久变态 | 欧美鲁 | 亚洲精品国产精品国自产在线 | 日韩爽爽爽视频免费播放 | 国产综合精品 | 色综合久久综合中文小说 | 国产精品大片在线观看 | 亚洲一区二区三区深夜天堂 | 99青草青草久热精品视频 | 亚洲一区色 | 色婷婷精品综合久久狠狠 | 日本色网址 | 91av视频在线免费观看 | 午夜精品视频在线观看 | 欧美第一色 | 国产九九精品视频 | 澳门一级淫片免费视频 | 天天做天天爱天天爽天天综合 | 天天干夜夜曰 | 91久久精品久久国产性色也91 | 欧美日韩亚洲一区 | 青娱乐中文字幕 | 国产99精品一区二区三区免费 | 国产一区二区三区国产精品 | 国产精品高清在线 | 伦理午夜电影免费观看 | 新久草视频 | 国产成人精品免费久久久久 | 国产精品欧美一区二区三区不卡 | 国产女人与拘做受视频 | 日本字幕在线观看 | 久久草在线 | 免费黄色a视频 | 国产欧美日韩在线 | 亚洲欧美日韩中文综合v日本 | 成人99| 高清中文字幕视频在线播 | 婷婷色九月综合激情丁香 | 日日操日日舔 |