Sustainable investments make up a third of all global assets
This is a 15% overall increase since 2018
Image: Shutterstock
Global sustainable investment reached $35.3 trillion (£25.6tn) across five major markets at the start of 2020 – more than a third of all assets under management.
That is according to the latest report by the Global Sustainable Investment Alliance (GSIA), which stated the figure was a 15% increase in sustainable assets under management from 2018.
Canada experienced the largest growth in sustainable investment across the two years, with a 48% increase, which was followed by the US (42%) and Japan (34%).
Europe witnessed a 13% decline, however the GSIA noted this was due to a change in how sustainable investment is defined in European Union legislation and through the European Sustainable Finance Action Plan.