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Sustainable investment is a ‘first-world’ option
Despite some progress, the work around defining and improving sustainable investment ignores developing markets’ reality.
Even in the midst of a global pandemic, sustainable investing is taking a victory lap as funds under management have skyrocketed, with estimates from the Forum for Sustainable and Responsible Investment showing that sustainable investing assets accounted for $17.1tn — or one in three dollars of total US assets under professional management in 2020.
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