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.
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.
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