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.