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.
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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.
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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