It is remarkable how willingly governments have surrendered national sovereignty to S&P and the bond markets while ceding sovereignty on carbon emissions governance to a UN body is anathema. The power of finance to blackmail governments seems much stronger than the power of nature – at least so far. What will act as the sword […]
About Carlos Joly
Carlos Joly is an investor with over 20 years experience in integrating environmental and social criteria in portfolio management. He is Chair of the Scientific Advisory Committee of Natixis Asset Management and designed the Natixis Impact Funds—Climate Change. He is also Associate Professor of Finance and Sustainable Development at the Ecole Superieur de Commerce, Toulouse.