Amid this shift, the investment universe has also grown immensely over the past decade, and sales in responsible funds have risen 230% (Over 12 months to August 2020) on the back of strong performance of funds in this space.
Prestige Funds, the specialist private debt fund group, has launched a new information and research service for investors who are interested in opportunities that will help them to fund alternative energy sources.
London has lost its world crown for green finance quality, slipping behind Amsterdam and Zurich after more than two years at the helm, according to the latest Z/Yen index.
Combining expertise and insight from MSCI’s Climate Risk Center, the indexes include climate data from MSCI’s Climate Value-at-Risk (Climate VaR) tool, scope 3 emissions data, and green revenues
Lowcock believes the outperformance of sustainable, ESG and ethical funds will continue from here, with many of the old-guard old economy stocks likely to struggle unless they change.
This is in line with the EBRD’s Green Economy Transition approach, which has taken the Bank’s green investments to more than 40 per cent of annual investment last year and is set to exceed 50 per cent by 2025.