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
Get our breaking news email, free app or daily news podcast
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.
Continue reading...