Indian and Chinese stock market capitalization may grow fourfold by 2050 as Asia turns from “laggard to leader” in the climate transition, according to Abrdn CEO Stephen Bird.
and Bird supported the long-term view that Asian equities can transition from"laggards to leaders," in terms of both performance and their role in tackling the climate crisis.
However, Bird acknowledged that progress is unlikely to be linear, with the globalization that has driven Asia's economic growth in danger of fizzling out and climate change posing an"acute challenge" for the region. "Whether in the form of solar panels, batteries for electric vehicles or green hydrogen, decarbonisation is dependent on Asian innovation," Bird said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Sidhu Moose Wala, Popular Indian Rapper, Shot Dead at 28The initial investigation has revealed the killing to be an inter-gang rivalry, authorities say.
Les mer »
Indian shares rise more than 1% on tech rallyA rally in technology stocks drove up Indian shares more than 1% on Monday, with the market also benefiting from an improvement in the global mood after China eased its COVID-19 curbs.
Les mer »
Breakout Indian Rapper Sidhu Moose Wala Shot Dead at 28The performer-turned-politician, who had won a congressional election last December, was hit by multiple rounds in an attack involving at least three weapons, police in Punjab said
Les mer »
USD/INR Price Analysis: Indian rupee buyers jostle with key hurdle around 77.50USD/INR Price Analysis: Indian rupee buyers jostle with key hurdle around 77.50 By anilpanchal7 USDINR Technical Analysis ChartPatterns SwingTrading SupportResistance
Les mer »
Punjabi singer Sidhu Moose Wala shot dead, Indian Congress party sayPunjabi singer and rapper Sidhu Moose Wala - who had over 10million subscribers on YouTube - has reportedly been shot dead in the Mansa district of Punjab, according to the Indian National Congress party
Les mer »