The sustainable development of emerging markets is crucial in order to ensure that the global temperature rise stays within a 2 degree limit, in line with the Paris Agreement. Investments in sustainable energy projects will thus be crucial to reach the envisioned low-carbon future.
The recent conference "Innovative Business Models for a Sustainable Society - Insights from Latin America" brought the issue of sustainable energy development in Latin America, and growth markets in general, to center stage. In order to meet the steadily increasing energy demand in these markets, the effects of climate change need to be mitigated by investments in wind and solar energy, energy efficiency and by a switch to innovative substitute technologies.
Key solutions on how to fuel sustainable renewable energy engagement were outlined at the event by Patrick Horka, Cleantech Finance Specialist, South Pole Group, who held a keynote speech on de-risking sustainable energy projects in emerging markets. "South Pole Group's extensive expertise in investment advisory and asset management makes us a prominent partner for European investors who seek to make investments with an attractive risk-return profile. These investments can already be achieved in emerging markets by applying various de-risking measures."
Angélica Rotondaro, Director of the newly established St.Gallen Institute for Management in Latin America concluded the conference: "When companies and investors combine their economic objectives with the solution of societal problems, everyone profits ultimately.".