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More than any other group, millennials are keen to make an impact with their money. According to a 2021 survey by Morgan Stanley, 99 percent of millennials surveyed were interested in sustainable investing, an all-time high. In spite of this interest in sustainable finance, confusion about sustainable investing prevails.
According to a 2021 OECD report , nature-related dependencies, impacts and risks are poorly understood and almost entirely uncompensated for in the financial sector. The future lies in impactinvesting. We need to encourage more targeted investments in nature-positive solutions that reverse biodiversity loss.
What is beyond doubt however, is that the ‘green’ label helps to attract significant asset flows. billion was invested into sustainable funds in Q4 2021 alone. 1] GreenInvesting – risk of a new mis-selling scandal by Laurence Fletcher and Joshua Oliver, Financial Times 20.02.2022.
trillion in 2021. Currently, there is no clear definition of what constitutes a “green” investment, which has led to a proliferation of green bonds that are not truly environmentally friendly.” A December survey with China-focused asset owners found 90% recognise the importance of ESG. trillion (US$3.57
Interaction between public and private finance flows through the US Inflation Reduction Act (IRA) is providing an “innovative” way to make ESG a more palatable concept in Republican-run US states, according to some investment experts.
Spengler is the Founder and CEO of Courageous Capital Advisors and a global ambassador for the Global ImpactInvestment Steering Group. Ranstrand is also a board member at Belimo and served on the board of the Alliance to End Plastic Waste between 2019-2021.
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