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Sceptics remain unconvinced , their reservations over financial institutions’ commitments reinforced by news of further regulatory crackdowns on greenwashing, this time at Goldman Sachs , accused of overstating the credentials of its green funds.
In this article, I’ll summarise key events defining 2022 and present four sustainability trends that will prepare you to create an impact in 2023. In 2022, the voice against “greenwashing” practices was clear and loud. Figure 2: Word Greenwashing rated 100 in popularity in 2022 – source Google Trends.
An important key to unlocking that finance lies in green and sustainable emerging market bonds, which promise lenders both returns and the opportunity to invest in projects with an ESG impact. Rich countries have since struggled to deliver on this pledge, but the private sector have begun to step in. Gold standard.
Segal says: “In Canada, there is only attention on how climate change impacts an institution, company or the economy and not enough emphasis on how the decisions they make impact the environment. But she continues: “All investments are impactinvestments.
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