Sustainable Finance Market Poised for Tremendous Growth, Expected to Reach US$ 376,835,566 Million by 2034
According to estimates, the market for sustainable financing would be valued US$60,35,620.4 million by 2024. By 2034, it is anticipated that the market would be valued US$ 3,76,83,566 million. Demand for sustainable investments is mostly driven by investors’ growing knowledge of social and environmental problems.
Global regulatory support—like the European Union’s Taxonomy Regulation—offers a well-organized framework that facilitates the assimilation of sustainability concepts into financial markets. The sector is being further accelerated by institutional investors’ increasing focus on Environmental, Social, and Governance (ESG) considerations. This is influencing business practices and rerouting money towards projects that are socially and ecologically responsible.
According to estimates, the market for sustainable financing would be valued US$60,35,620.4 million by 2024. By 2034, it is anticipated that the market would be valued US$ 3,76,83,566 million. Demand for sustainable investments is mostly driven by investors’ growing knowledge of social and environmental problems.
Global regulatory support—like the European Union’s Taxonomy Regulation—offers a well-organized framework that facilitates the assimilation of sustainability concepts into financial markets. The sector is being further accelerated by institutional investors’ increasing focus on Environmental, Social, and Governance (ESG) considerations. This is influencing business practices and rerouting money towards projects that are socially and ecologically responsible.
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