31 May '18, 11pm

Report: Global green economy grows to $4tr as fossil fuel sector shrinks

Report: Global green economy grows to $4tr as fossil fuel sector shrinks

"Until now the transition to a sustainable and 'green' economy has been a loose concept rather than a defined, investable, industrial system," the report states. "This lack of definition and data has led to the impression that it is of limited size; small cap dominated; lacking diversification and that investors give up performance in exchange for environmental benefits. However, analysis by FTSE Russell dispels these stereotypes. It finds a large investment opportunity, backed by global efforts to combat climate change and broader environmental challenges. The opportunity is diversified across company size, geography and sector and has delivered outperformance of the global equity market."

Full article: https://www.businessgreen.com/bg/news/3033360/report-glob...

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