US involvement in Paris deal not as important as before: Amundi

Published Sun, Jun 4, 2017 · 09:50 PM

    Singapore

    THE US pulling out of the Paris climate change may appear bad news to environmentalists, but the impact might not be as negative as many think, according to a leading player in the green finance market.

    This is because the world has shifted significantly since the Paris agreement was struck in end-2015, and there are now many more new forces in the fight against climate change, said Frederic Samama, deputy global head of institutional and sovereign clients at Amundi Asset Management.