Top asset manager prices in retreat from green financing pledges
The move could pose a threat to SA’s commitment to a just transition, says Schroders
22 July 2024 - 05:00
The shift towards more nationalist politics in the recent European parliamentary elections has caused markets to price in a move away from green pledges made in recent years by some of Europe’s largest economies, says Schroders, one of the UK’s largest asset managers.
Kondi Nkosi, the head of Schroders in SA, said the consensus position was that the European-level push for a green industrial policy would be nixed...
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