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Europe’s fund houses lead the low-carbon transition, but that’s not enough

Rules have too much room for interpretation if managers are to move faster on ESG investing

COP is a chance to nail down the detail on funds' ESG credentials
COP is a chance to nail down the detail on funds' ESG credentials

Naïm Abou-Jaoudé is president of European Fund and Asset Management Association and chief executive of Candriam

The annual Conference of the Parties — aka COP — has an urgent and ambitious goal: to limit the global average temperature rise to no more than 1.5°C. Given the worrying trajectory we are on today, this will require massive global action — and, more specifically, investment from both the public and private sectors.

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