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Climate transition driving private market growth, says BNP

The French bank's private custody asset business grew by 20% last year

Investment in projects such as solar farms is longer term, and more attractive through private markets.

Global investment in the climate transition was a significant factor in driving the growth of private markets at the expense of public markets, according to a leading executive at French bank BNP Paribas.

Patrick Colle, BNP Paribas’ global Head of Securities Services and Chairman of Financial

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Lachlan Colquhoun Mon, 24 Jun 2024
Contact the Writer: lachlan@nbr.co.nz
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Climate transition driving private market growth, says BNP
General Business,
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