Since we're discussing politics here, I want to expand slightly into eco-politics. I'm pretty sure you know that environmentalism / green issues are a very hot topic right now in politics and there has been more and more investment, awareness and denial into the whole idea of eco-politics. The impact of environmental policies is massive in terms of economy - but not everyone is looking at it favourable.
Here's a quick overview from Bloomberg as of this week:
https://www.bloomberg.com/news/artic...-30-7-trillion
Global socially responsible investments grew by 34 percent to $30.7 trillion over the past two years, lifted by Japanese pension funds, retail investors everywhere and broad, growing concern about climate change.
Europe remains the biggest region for sustainable investors with about $14 trillion devoted to these strategies, up 11 percent from 2016, according to the biennial report from the Global Sustainable Investment Alliance, which aggregates data from regional sustainable investment groups around the world.
Impressive overall, given that there are 30.7 Trillion USD worth of sustainable investments worldwide.
What's your take on this? Should we invest more in sustainable development? Or as Germany would kind of like it - a balanced approach?
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