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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: robert b furman who wrote (2498)6/8/2019 6:03:22 AM
From: elmatador  Read Replies (1) of 13801
 
Green Finance Is Now $31 Trillion and Growing

By Reed Landberg, Annie Massa and Demetrios Pogkas
June 7, 2019

Climate change may still be a matter of debate for some politicians, but investors are increasingly decisive. Money is gushing into any kind of asset labeled green or sustainable. The frenzy now has investors and firms alike grappling with what counts as “green finance”—and with funds that are no longer seen as green enough.

At least $30.7 trillion of funds is held in sustainable or green investments, up 34% from 2016, according to a report by the Global Sustainable Investment Alliance, a group of organizations tracking those moves in five regions from the U.S. to Australia. Overall, these money flows account for one-third of the tracked assets under management, and in some places have reached more than half.

bloomberg.com
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