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OECD: 30,000 billion of assets for green finance

2020-09-29T09:57:21.812Z


Greta effect on finance, in the process of transformation towards increasingly green investments. Over the last ten years, the sustainable market has grown rapidly, exceeding 30 at the end of 2019. (ANSA)


(ANSA) - ROME, SEPTEMBER 29 - The Greta effect on finance, in the process of transformation towards increasingly green investments.

In the last ten years, the sustainable market has grown rapidly, exceeding at the end of 2019 the 30 trillion dollars of assets held in the five main world markets (United States, Canada, Europe, Japan, Australia and New Zealand), with an increase of more than 30% compared to to 2016. This is what emerges from the latest Business and Finance Outlook of Ocs dedicated this year to "sustainable and resilient" finance.


    The green turning point is especially evident in Europe.

The European Union is in fact at the top of the OECD ranking with assets equal to 14,000 billion dollars.

The United States follows with over 12 trillion dollars.


   Esg (Environmental, Social and Governance, environmental, social and governance) investments have withstood the Covid impact better than traditional financial investments.

The OECD is relevant in the Business and Finance outlook 2020, dedicated this year to the sustainable economy.

In the first quarter of 2020, the spread of the pandemic "exerted downward pressure on financial markets, but participants in the sustainable finance market observed that ESG funds and indices outperformed traditional investments. - writes the organization - Market diversiators such as Bloomberg, Morningstar and MSCI have shown the best reaction of Esgr funds and indices compared to standard ones, with these instruments having at least value compared to traditional indices during the recession. The results are consistent with the OCS analysis which shows a lower risk of losses for some ESG indices "(ANSA).


Source: ansa

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