Tag: EM Social Bonds Q4 2025

Introduction: ESG at a Crossroads in Emerging Markets Environmental, Social, and Governance (ESG) investing is no longer a niche concept in emerging markets (EM). By Q4 2025, ESG integration has shifted from being a voluntary “good-to-have” feature to a critical determinant of capital flows, credit ratings, and investor perception. Investors face a paradox: demand for…