A Xiamen Airlines aircraft bearing the UN Sustainable Development Goals logo sits on the tarmac in Charleston, South Carolina, in January 2018. If market capitalism cannot get its act together to save lives and the planet, could state capitalism provide a way forward? Photo: Xinhua
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

ESG investing: How markets are going the wrong way to save the planet

  • Worthy as its basic aims are, ESG fails to offer direct routes for private investors to fund critical projects at scale
  • The participation of governments and multilateral development agencies, for example, is needed, to provide a pipeline of projects and markets to help finance them
A Xiamen Airlines aircraft bearing the UN Sustainable Development Goals logo sits on the tarmac in Charleston, South Carolina, in January 2018. If market capitalism cannot get its act together to save lives and the planet, could state capitalism provide a way forward? Photo: Xinhua
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