Chairman of the FRA Dr. Mohammed Omran, has urged all financial market regulators in developing countries to speed up the issuance of ESG disclosure reports & climate change in their markets.
It’s noteworthy that Dr. Omran is also Chairman of the Growth & Emerging Markets Committee, which is the largest committee within the International Organization of Securities Commissions (IOSCO).
Who is affected🤷 Global institutions are constantly giving more weight to ESG in their investment strategies, & have shifted towards supporting a green economy and environmentally friendly projects.
Why is this important🤔 Finalizing ESG reporting standards will allow financial markets in developing countries to attract more international investment institutions.