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At Paris summit, Citi, Generali call for clearer regulation on EM investments

Emmanuel Macron and EIB's Werner Hoyer
French president Emmanuel Macron with EIB president Werner Hoyer at the summit: Hoyer says that boosting and derisking finance for developing countries means everyone needs to work together (Photo: Ludovic Marin/AFP via Getty Images)

A standardised regulatory approach and better credit risk data are needed to support developing economies’ green transition, say bankers and investors at the New Global Financing Pact summit. If outcomes from the Summit for a New Global Financing Pact are to be successful, “we need regulators in the room”, said...

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