Many people who invested in renewable energy investment trusts over the past few years might well run for the hills if anybody suggested putting more money into the sector. The average investment trust in the Association of Investment Companies’ Renewable Energy Infrastructure sector has delivered a 5% loss over the past five years, compared to a 67% gain for the…
Why the renewables sector is heating up
Many people who invested in renewable energy investment trusts over the past few years might well run for the hills if anybody suggested putting more money into the sector. The average investment trust in the Association of Investment Companies’ Renewable Energy Infrastructure sector has delivered a 5% loss over the past five years, compared to a 67% gain for the…
Investor interest in energy transition and decarbonisation ‘rapidly expanding’ across asset classes
Climate-named funds have expanded rapidly in both publicly listed and private capital markets, reflecting growing investor interest in the energy transition and decarbonisation opportunities across asset classes, according to the latest MSCI Transition Finance Tracker. Assets under management in publicly traded climate funds has grown nearly 20-fold over the past seven years, up to $560bn, while private capital climate funds launched between…
Sustainable funds suffer worst quarter of outflows on record
Sustainable funds suffered their worst outflow on record in the first quarter as investors globally withdrew a record-breaking $8.6bn throughout the period, according to Morningstar Sustainalytics. It unravelled the optimism injected in the previous quarter when inflows of $18.1bn signalled glimmers of hope for the sector. Much of this year’s outflows came from US investors, who withdrew $6.1bn – it’s…
Five sustainable equity funds that outperformed markets during ‘Liberation Day’ tariff chaos
Sustainable-themed global equity funds outperformed the MSCI All Countries World index during the chaos wrought after Donald Trump announced his ‘Liberation Day’ tariffs, according to data provided by FE fundinfo. On 2 April, President Trump imposed a minimum 10% tariff on all exporters to the United States and additional reciprocal duties on roughly 60 nations with the largest trade imbalances…
USGBC Launches New Sustainable Buildings LEED Rating System
The U.S. Green Building Council (USGBC) announced today the launch of LEED v5, updating its flagship LEED (Leadership in Energy and Environmental Design) green building system for rating with a sustainability-focused building standard. According to the USGBC, the new LEED system was developed with input from thousands of green building professionals, with the organization holding two public comment periods in…
Patch Launches New Platform to Ease Purchasing and Management of Carbon Credits
Climate solutions provider Patch announced the launch of a new platform offering companies with software, data and expertise to streamline purchasing and management of carbon credits. According to Patch, the new platform is aimed at addressing a series of key challenges that are keeping the voluntary carbon market (VCM) from reaching its potential, including market fragmentation, with buyers required to…