BlackRock, the world’s largest asset manager, has issued a research report advocating that the governments of developed countries provide $100bn in grant funding annually to emerging markets, to assist them to transition to clean energy and mitigate climate change.

While expected to be controversial with citizens in the developed world, this is the only way that the climate change challenge can be significantly tackled and is essential to the global aim of achieving net zero by 2050...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now