Janus Henderson’s decarbonization panel at COP26 inspires new emerging markets report

GLASGOW, Scotland – (COMMERCIAL THREAD) – Janus Henderson today announced the launch of a new series of reports on decarbonization and the role governments, businesses, capital markets and asset managers must play in facilitating the pursuit of the decarbonization around the world.

At the World Climate Summit in Glasgow on Monday, Janus Henderson convened a panel to discuss whether decarbonization could be an opportunity for emerging markets, rather than a challenge to be mitigated.

Paul LaCoursiere Global Head of ESG Investments at Janus Henderson who moderated Monday’s panel said: “Our panel was the starting point. There are success stories like Chile, where markets are already in the middle of their own decarbonization journey. Our reports will define the role that governments, businesses, capital markets and asset managers need to play in facilitating further decarbonization. The asset management industry is eager to play its part in solving the existential risk of climate change, but it cannot solve this problem alone. Our new series of reports will outline the role we all need to play in helping emerging markets go carbon free. ”

For the purposes of the report, emerging markets will be divided into four regions: Eastern Europe; Africa and the Middle East; Latin America and Asia. The first of four regional reports will be released in the first quarter of 2022.

The panel came to some bold conclusions:

Dr Nina Seega, Research Director at the Cambridge Institute of Sustainable Leadership (CISL): Financial market players and climatologists must recognize the gap that exists between their reflections on the carbon transition. As an economic community, we tend to think that the future will be linear and will largely follow the pattern of the past. Climate scientists think in terms of a disruptive transition. While financial analysts may worry about the effect the slow but steady carbon transition will have on the net present value of inherited assets, a climatologist will ask: what happens to the value of an asset? as part of a rapidly disruptive and potentially currency transition? Overall, this was an encouraging COP, but now I want to see more ambitious nationally determined contributions from governments.

Mark Cutifani, CEO of Anglo American Plc, said: “COP26 has firmly shifted the conversation from ‘Why? “To” How? ”Around decarbonation. We all understand that we have a collective role to play in tackling climate change and now the focus is on how we need to work in partnership with multiple stakeholders – such as governments, regulators, communities. local – to define the actions we need to take. We currently have several requests from asset owners to help us finance our various green projects and our CFO is studying these different financing options.

Krista Tukiainen, Head of Research at the Climate Bonds Initiative, said: “The bond space already has relatively good definitions and governance mechanisms to ensure that projects can be financed, but market-based mechanisms and policies can work best in tandem to impact emerging markets. My reflection on this COP is that the introduction of a global benchmark taxonomy is perhaps the most crucial element in enabling financial institutions to have a tangible impact on climate change and other sustainability priorities. as soon as possible. Taxonomies can help identify eligible projects even at the smallest levels and, if we can harmonize taxonomies in a dispersed market, this will ensure capital flows where they are needed.

Francisco López, Chilean Deputy Minister of Energy: “Chile’s goal of achieving carbon neutrality by 2050 is a challenge, given the need to decouple our economic growth from energy use and reduce our dependence on imported fossil fuels. 77% of Chile’s greenhouse gas emissions are linked to the energy sector. However, it is the same sector that will help us fight climate change and provide social and economic opportunities for the country. The energy sector is leading Chile’s decarbonization plan and its commitment to achieve carbon neutrality by 2050 by investing in renewable energy, developing a green hydrogen industry, exiting coal-fired power plants by 2040, replacing fossil fuels with electricity in the transportation sector and aiming to have 100% electric light and medium vehicle sales by 2035, among others.

To view the full panel recording, please contact Stephen Sobey, Head of Media Relations.

Notes to Editors

Janus Henderson Group (JHG) is a leading active global asset manager dedicated to helping investors achieve their long-term financial goals through a wide range of investment solutions including stocks, securities fixed income, quantitative equities, multi-asset strategies and alternative asset classes.

As of September 30, 2021, Janus Henderson had approximately $ 419 billion in assets under management, more than 2,000 employees and offices in 25 cities around the world. Based in London, the company is listed on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX).

This press release is intended for the use of members of the media only and should not be relied upon by personal investors, financial advisers or institutional investors. We may record phone calls for our mutual protection, to improve customer service and for regulatory record keeping purposes.

Issued by Janus Henderson Investors. Janus Henderson Investors is the name under which investment products and services are provided by Janus Capital International Limited (Registration No. 3594615), Henderson Global Investors Limited (Registration No. 906355), Henderson Investment Funds Limited (No. Registration No. 2678531), Henderson Equity Partners Limited (Registration No. 2606646), (each registered in England and Wales at 201 Bishopsgate, London EC2M 3AE and regulated by the Financial Conduct Authority) and Henderson Management SA ( registration number B22848 at 2 Rue de Bitbourg, L -1273, Luxembourg and regulated by the Commission de Surveillance du Secteur Financier). Henderson Secretarial Services Limited (incorporated and registered in England and Wales, registration number 1471624, registered office 201 Bishopsgate, London EC2M 3AE) is the name under which the secretarial services of the company are provided. All of these companies are wholly owned subsidiaries of Janus Henderson Group plc. (incorporated and registered in Jersey, No.101484, with registered office at 13 Castle Street, St Helier, Jersey, JE1 1ES).

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