A fisherman on a banca, a native boat in the Philippines, manoeuvres next to a railroad construction project in Paranaque city, south of Manila, on May 3. Asia has an annual infrastructure investment gap of US$900 billion. Photo: EPA-EFE
Opinion
Mathias Lund Larsen
Why a world awash in green investments can’t find the money for sustainable development goals
Funding for UN SDGs are short of US$2.5 trillion every year despite global green investments topping US$30 trillion
More clarity is needed on what counts as ‘sustainable investment’ as well as greater transparency on the activities of financial institutions
German analytics and index provider Qontigo plans to launch what it claims is a “one-of-its-kind” environmental, social and governance (ESG) analytics solution by the end of the year.
The company, a unit of Deutsche Boerse Group, is currently in the midst of developing the solution, which will give a more accurate picture than most other ESG analytics tools in the market today, according to Rodolphe Bocquet, Qontigo’s global head of sustainable investment.
He says most of the other tools provide a company’s climate score with the analysis largely based on its greenhouse gas emissions. The emissions data is only updated once a year.