Plastic waste is prominent among the multiple, interlinked environmental challenges currently facing the world. Emerging markets have a significant role to play in addressing the issue, both as leading plastic consumers, and in that they are often disproportionately affected.
With the issuance of green bonds reaching all-time highs, blue bonds and debt-for-nature agreements are also emerging as potential financing tools for emerging markets.
With world leaders meeting this week at the UN Climate Change Conference in Glasgow, a number of emerging markets have demonstrated their willingness to work with international partners on the matter of reducing methane emissions.
Amid an increased focus on environmental sustainability, the idea of fossil fuel “bad banks” is gaining traction globally. The concept refers to special companies specifically dedicated to acquiring and winding down fossil fuel assets.
Amid an increase in demand for personal protective equipment (PPE) and packaged goods, Covid-19 has led to a significant spike in plastic waste. Although this has created some significant challenges for emerging markets, it has also provided opportunities for innovation in recycling.
The dramatic slowdown in industrial production, energy demand and transport activity in the first quarter of 2020 has led to significantly lower levels of air pollution, sparking debate over whether the coronavirus outbreak will lead to permanent shifts in consumer and industrial behaviours that could reorient economic policy towards sustainable development goals.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
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