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Sustainable Finance Market Trends

Report ID: GMI6356
Published Date: Jun 2024
Report Format: PDF

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Sustainable finance Market Trends

Through enhanced data analytics, increased transparency, and easier accessibility to ESG information, fintech innovations are revolutionizing sustainable finance. Blockchain technology makes supply chain finance more transparent and improves the traceability of sustainable investments. Investors may evaluate impact indicators, screen ESG criteria, and interact with stakeholders more efficiently with the help of digital platforms and tools.

Financing climate change initiatives is crucial for mitigating its impact and for making the shift to a low-carbon economy. Capital for carbon reduction programs, climate-resilient infrastructure, renewable energy projects, and adaptation plans is being raised by financial institutions. Examining and controlling climate risks in investment portfolios is increasingly reliant on scenario analysis and climate-related financial reporting.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of sustainable finance reached USD 5.4 trillion in 2023 and is set to witness 22% CAGR between 2024 and 2032, due to the growing awareness about environmental and social issues.

The institutional investor segment held 79% of the market share in 2023, owing to the government incentives, technological developments, and shifting consumer preferences.

Europe market accounted for 39% revenue share in 2023, driven by the EU's Green Deal, extensive investments in sustainable finance products, and support from green banks and development finance organizations.

Blackrock, HSBC Group, Deutsche Bank AG, Goldman Sachs, BNP Paribas, UBS and Bank of America.