The great majority of that increasing demand will be in
emerging market nations such as China, India, Brazil, Russia, and others.
Not exact matches
Economists have long extolled the potential of so - called
emerging markets — developing countries
such as the so - called BRIC
nations (Brazil, Russia, India and China)-- but many Canadian companies have been slow to act, comfortable focusing their international business on the massive, and relatively easily served, U.S. and European
markets.
For now, we are currently seeing the anticipated liquidity reduction harvest of wind in what are academically considered the riskiest of assets —
emerging market equities and bonds, currencies, and commodities — as equities of developed countries
such as the US, Japan and some European
nations have continued to hold up.
In an effort to prop up the scheme, a handful of European countries have already pledged at least $ 135 million to pay above -
market rates to projects in the world's poorest
nations while offering technical support to help
emerging economies
such as Brazil and China cut their emissions.
In recent years,
markets and payments for ecosystem services (PES),
such as carbon sequestration, watershed protection and biodiversity conservation, have
emerged in several African
nations as a viable method for maintaining ecosystems and rewarding responsible environmental management.