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A study from TheCityUk and BNP Paribas found that global green financing had risen over 100 times in the last decade.

A study from TheCityUk and BNP Paribas found that global green financing has risen dramatically over the last decade. Global green financing are environmentally-friendly projects, and they have grown more than 100 times.

According to Reuters, there’s been a huge jump in insurance, which underscores the efforts of governments and corporations to lower carbon emissions and fulfill climate goals. 

“The data showed green bonds accounted for 93.1% of total green finance globally between 2012 and 2021. In 2021, global green bond issuance stood at $511.5 billion, compared with $2.3 billion in 2012. China and the U.S. accounted for 13.6% and 11.6% of the green bond issuance between 2012 and 2021, the data showed. They were followed by France and Germany, with about 10% each of the issuance of green bonds during the period.”

Overall, Green Finance has experienced a huge rise in the total finance market — it was about 4% in 2021 and only 0.1% in 2012. 

The number of publicly-traded companies involved in green activities also grew exponentially.

It was 401 in 2012 and 669 in 2021.

Marina is passionate about sustainability and works to help ensure our planet stays as our home for a long time. She takes part in environmental conservation by recycling and not buying single-use plastic.

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