Pictet AM's Barton forecasts growth in EM green bond issuance in 2022

Barton, who is head of emerging market debt at Pictet AM, observed "a big uptake" in social bonds last year and said there were a number of reasons for this. "First of all, we have seen developed countries leading the way in that space and it has made sense for emerging markets who need to access financing to look at those developments as well," she said, adding that EMs are "at the coalface" when it comes to climate change. "We did a study almost two years back now - but it is still really pertinent - showing that by 2100, economic output in some EM countries could be up to 60% lower...