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New report shows $200-billion drop in responsible investing market share in Canada

Corporate Knights

This reclassification reflects an increase in “conscious conservatism” by Canadian asset managers in the absence of industry- or government-regulated definitions, criteria or standards, she says, causing many managers “to err on the side of caution” and strip the “responsible investment” classification from some of their portfolios. .

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Major investor alliance working to clean up greenwash lurking in ESG

Corporate Knights

In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing industry. The value of global sustainable investment assets jumped from US$23 trillion in 2016 to US$35 trillion in 2020.

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How Finance can help stop climate change: Green bonds

Edouard Stenger

Notable examples include: The World Bank (through the International Bank for Reconstruction and Development, IBRD) issued its first green bond in 2008 with $440 M; The African Development Bank (ADB) issued a half a billion USD green bond in October 2013. You can follow my Susty Investing list on Twitter for news on the sector.).