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UK institutional investor flags challenges of renewables switch in Asia

Hugo Cox
Investors must be mindful of potential social and economic fallout from a sudden shift to renewables in Asia, according to the Asia head of the development institution.
UK institutional investor flags challenges of renewables switch in Asia

Investors focusing on promoting renewables must carefully consider the social and economic costs of moving too quickly in economies still highly geared to fossil fuels, Srini Nagarajan, head of Asia at British International Investment (BII), the UK’s £8.1 billion ($9.7 billion) development institution, told AsianInvestor.

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