Good Business: The Year Ahead in Sustainable Finance – Bloomberg

Sustainable investment in 2020:

Energy stocks just haven’t kept up with the broader market, which could push investors to look more closely at whether fossil fuels are really a worthwhile investments. Peak emissions aren’t here yet, but they may be close. “Decarbonization is certainly dominating the conversation,” says Bloomberg Intelligence analyst Eric Kane. A Stanford University study says phasing out fossil fuels and running the entire world on clean energy would cost $73 trillion but could pay for itself in under seven years. ETF strategies focused on ESG issues had their best year ever, hauling in $8 billion in assets as fees dropped and the popularity of socially responsible investing gained mainstream attention, according to data compiled by Bloomberg Intelligence.

ETF strategies focused on ESG issues had their best year ever, hauling in $8 billion in assets as fees dropped and the popularity of socially responsible investing gained mainstream attention, according to data compiled by Bloomberg Intelligence.

Financial firms are likely to face more pressure over climate risk in their lending portfolios, which is partially behind the surge in green- and sustainability-linked loans in 2019 and 2018. Companies borrowed $78 billion in green loans in 2019, up from $60.5 billion in 2018.

via Good Business: The Year Ahead in Sustainable Finance – Bloomberg

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