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A report from the Global Sustainable Investment Alliance (GSIA) estimated sustainable assets from the U.S., trillion in 2016. More recently, the European investigative journalism group Follow the Money reported that half of so-called dark greeninvestment funds in Europe permit investments in fossil fuel and aviation companies.
Macquarie Asset Management’s GreenInvestment Group (GIG) announced today an investment in US-based renewable energy development platform Galehead Development, aimed at helping the company advance 6 GW of renewable energy projects and commercialize its geospatial and land analytics platform. for the energy transition.
Recent sustainability highlights covered in MetLife’s report include: Originating over $6 billion in new greeninvestments and MetLife Foundation providing more than $1 million in climate-focused grants. based insurer to achieve that status in 2016.
According to Eurostat, circular economy activities increased by 6% between 2012 and 2016 within the EU. However, this is the perfect opportunity for investors to lock in real long-term returns on their investments by turning their attention to companies that are looking to make consumption more sustainable and circular.
By creating sustainable financial offers, prioritizing greeninvestment mechanisms and reallocation of capital, financing sustainable programs, and tracking the carbon footprint tracking of transactions, FIs can incentivize the integration of sustainability criteria into financial services decision-making.
The resource highlights greeninvestment strategies, sustainable promotional products, methods to eliminate food waste, guidance on tradeshow materials and travel, and business climate solutions. Founded in 2016, Tradewater joined the B Corp community in 2022.
UK ministers enthuse about the post-Brexit potential to unleash a new wave of greeninvestment, but not everybody is convinced. Now, more than six years after the Brexit vote, which took place in the same year, 2016, as Solvency II came into effect, HM Treasury is planning to slim down Solvency II as it applies to the UK.
Asset managers decide to re-label existing funds as greeninvestment vehicles for two reasons, according to Paul Lacroix, Head of Structuring at Smart Beta specialist investment firm Ossiam, an affiliate of Natixis. The first is client demand for investment solutions that are ESG-based,” he tells ESG Investor.
A recent report by global network Convergence noted a 60% decrease in the scaling of climate-focused blended finance transactions between 2019-21 compared to 2016-18, with adaptation especially an “underdeveloped area”. .
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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