From September 22nd to 25th, Elodie Laugel, Chief Responsible Investing Officer, Timothée Jaulin, Head of Responsible Investing Development, Aaron McDougall, Head of Climate Research, and Annie Chor Joyce, Head of Responsible Investing and Partnerships for the Americas, took part in the New York Climate Week (NYCW).
As one of the world’s biggest climate events, this annual gathering brings together Heads of State, policy experts, and industry leaders—including finance—to shape climate-related decision-making across business, finance, and policy.
Rising challenges for investors
- Physical and transition risks are increasing globally due to a delayed and disordered climate transition, threatening portfolio resilience.
- Global climate mitigation investment needs have to scale up to around $5 trillion per year to meet the 1.5°C by 2050, with $2 trillion needed in emerging markets (EMs). Despite representing 60% of global GDP, EMs receive only 15% of clean energy investments (excluding China), even though they drive the majority of future energy demand.
- Food systems account for about 1/3 of human-caused greenhouse gas emissions. Urgent transformation is driven by population growth, geopolitical shocks, biodiversity loss, soil degradation, and volatile commodity prices—such as cocoa, which has tripled in price since late 2022.
Solutions and opportunities
- Blended finance is emerging as a critical tool, with annual volumes growing from $11.5 billion in 2020 to $18.3 billion in 2024, and median deal sizes increasing from $38 million to $65 million. Since 2022, private investors have committed $20 billion, representing 32% of blended finance deals.
- Innovative instruments—such as debt conversions, governance-linked bonds, and outcome bonds—are helping scale private investments in emerging markets.
- Regenerative agriculture offers attractive real asset returns, low correlation to public markets, and resilience in times of crisis. With aligned capital and credible measurement, regenerative food systems are evolving from pilot projects to scalable investment portfolios.
PRI Awards 2025
Amundi won a prestigious award at the PRI Awards 2025 during NYCW: the World Benchmarking Alliance’s Collective Impact Coalition on Ethical AI, which Amundi is part of, has won the Recognition for Action – Human Rights category.
This award honours organisations that show innovation in addressing the investment industry’s challenges in respecting, promoting and defending human rights. The coalition embodies this by uniting investors and civil society in advocating for digital companies to develop and use artificial intelligence responsibly and transparently, guided by the respect for human rights.
Since its launch in 2022, the coalition has encouraged global technology companies to adopt better practices from principles to implementation, governance and accountability. This recognition belongs to you and every member who has contributed to this journey. It shows what collective action can achieve and gives us fresh momentum to keep advancing efforts for ethical artificial intelligence.
