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Key Takeaways

In Kyiv, German foreign minister pledges support for Ukraine’s bid to join the EU. The last eight years have been the warmest on record, per the EU’s Copernicus Climate Change Service. The World Bank cuts its growth forecast for the global economy this year amid risk of worldwide recession. Analysis: The Year Ahead for ESG Investing.

Condition Updates

A rundown of important global risk developments in markets, in business, and region by region.

Analysis: The Year Ahead for ESG Investing

Environmental, social and governance (ESG) investing just concluded a troubled year. The investment class saw net outflows for the first time since 2011 amid the fallout from the Ukraine war and general financial instability. Despite these obstacles, experts expect ESG to return to solid growth, bolstered by increased interest in guarding business interests against ESG-related risks and hardened resolve against climate change following a destructive year.

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