Article 71GA1 Australian investment in green projects surges despite drastic US policy reversal, report shows

Australian investment in green projects surges despite drastic US policy reversal, report shows

by
Luca Ittimani
from World news | The Guardian on (#71GA1)

Exclusive: Growth has been steady even since Trump's re-election, building on increase from $20bn to $157bn, says thinktank

Surging Australian demand for pro-environment investments has overcome a US-led backlash, with potential global ramifications, against green finance brought on by Donald Trump's re-election, even if backers are less vocal about their projects.

Green, sustainable and social investments have risen from $20bn to $157bn in the past five years, with $137bn backing projects with environmental benefits, according to new research from Impact Investing Australia (IIA) and the Centre for Social Impact.

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