After remaining resilient in 2020, the Islamic finance segment is performing strongly this year, as an improved economic environment, a rise in the number of large projects and an increased focus on environmental, social and governance (ESG) factors combine to drive demand.
Oliver Cornock, Oxford Business Group's Editor-in-Chief, recently spoke with John Brash, founder and CEO of Brash Brands, who shared his views on the current economic trends in GCC countries – with a particular focus on Saudi Arabia – that include ambitious innovation and diversification plans; investments in talent and education; support for SMEs and start-ups after the crisis, as well as progress in agricultural sustainability.
The ongoing UN Climate Change Conference in Glasgow has underlined how increased adoption of low-carbon energy sources will be key to reducing global emissions. While it is not without its detractors, many agree that nuclear power has a role to play in this.
As global leaders in politics and business continue to meet in Glasgow to discuss environmental issues as part of UN Climate Change Conference (COP26), some of the world’s most fossil fuel-dependent countries have launched plans to reach net-zero carbon emissions.
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.
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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