We are pleased to share the latest edition of our new quarterly chartbook, designed to monitor sustainable flows (to ESG funds, climate finance flows, and climate finance to emerging markets), ESG market development, the electric vehicle industry, and the evolution of the voluntary carbon market.  The chartbook also includes our regular ESG Country Scorecard—a useful indicator of progress in areas including carbon efficiency as well as broader environmental and social issues in emerging and frontier markets. We welcome your comments!

We last week published our updated global growth forecast. Adjusting for base effects, 2023 is likely to look as weak as 2009, … with weakness radia...

The November 2022 edition of the Global Regulatory Update provides targeted updates on current workstreams and events.

The world was on the brink of global recession earlier this year. War in Ukraine, high commodity prices and COVID have taken a toll, …  ...

• RMB experienced a record pace of depreciation this year, … • … driven by Fed hikes and interest rate arbitrage. • The large current account surplus is partly offset by a record large portfolio outflow. • However, the expectation of further depreciation is absent this time, unlike in 2015-16.

With higher interest rates weighing on issuance, global debt edged lower again in Q3 2022, to some $290 trillion.

China experienced unprecedented portfolio outflows in 2022H1, … that started right when war in Ukraine broke out and persisted. Our trackers point t...

We have been in the dovish inflation camp since this summer, … when our high-frequency metrics began to point to moderation, … picking up a marked d...

The short-term macroeconomic outlook remains favorable, supported by elevated oil prices. Structural reforms are needed to help diversify the economy.

China's housing rout will continue to weigh on growth, but a housing-triggered financial retrench can be avoided. Despite deteriorating asset quality and returns, Chinese banks can still make loans. The covid policy will be eased, yet gradually. Thus the sequential growth path in 2023 will be backloaded.

We assess the fiscal position the Lula administration inherits, … and discuss the implications of possible spending packages. Fiscal accounts will b...

Elevated levels of inflation remain the biggest challenge for CEE-4. Meanwhile, concerns over a recession will likely weigh on demand. This leaves central bankers in a tricky position to strike a balance. The market anticipates interest rate cuts will begin sooner in 2023.

Voluntary carbon markets (VCMs) are featuring prominently in discussions at COP27, as multiple initiatives are being launched to support their critical role in scaling up finance to emerging and developing economies.