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.