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Sustainable investing assets skyrocket post 2014. But after investment markets recovered from the 2008 financial crash, asset managers enthusiastically embraced sustainable investing to raise client money under the ESG banner. The reports show that assets rose steadily but incrementally between 1995 and 2012 to US$3.7
And won’t it make essential greeninvestments more difficult? Prices went through the roof when the Bank of Canada printed money in response to the 2008 financial crisis and then the pandemic, distributing it to the banks – combined with historically low interest rates in a relatively rigid housing market –.
Macquarie Asset Management (MAM) announced the acquisition of Greece-based renewable energy company Enel Green Power Hellas from Enel Group for a total equity consideration of approximately €250 million. Macquarie added that it has formed a partnership with Enel Group to develop a pipeline of renewable energy projects in Greece.
The rise of taxonomies of sustainable activities reflects a recognition from policymakers that global financial markets depend on a shared classification system if they are to identify ‘green’ investment opportunities. High-level guidance exists in two countries and regulation is being developed in 13. Taxonomy proliferation.
BBC reported : With energy watchdog the International Energy Agency reporting that global investment in clean technology is running at double the size of coal, oil and gas in 2024, the new U.S. administration might not want to drive this type of greeninvestment into other, more eager countries.
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