Asia and the Middle East are poised to become more important sources of growth in responsible finance
February 18, 2021 | Updated at February 18, 2021
Historically, 90% of global responsible finance assets were located in developed economies in Europe and North AmericaRecent surveys find a significant growth in the Middle East and Asia of awareness by asset owners of the financial performance benefits of responsible financeRFI is helping to support this growth of responsible finance in Islamic markets, including with a new report launch this week
The momentum of responsible finance is well established in developed economies in Europe and North America, where 90% of the global market was concentrated in 2018, according to the Global Sustainable Investment Alliance’s last biennial review, but since then there has been a sea change in the global trajectory.Europe has pressed ahead on its ambitions for sure, and the United...