Green Transition Scoreboard shows investment reaches $3.3 trillion
6th Mar 2012 · Members
Coalition member, Ethical Markets Media, released their 2012 GREEN TRANSITION SCOREBOARD® tracking private sector investments since 2007 in green companies and technologies globally, now totaling more than $3.3 trillion.
The 2012 Green Transition Scoreboard® (GTS) report finds Asia, Europe and Latin America catching up with the USA in total non-government investments and commitments for all facets of green markets. 2011 ended with a GTS total of $3,306,051,439,680, starting from 2007. Given the many studies indicating that investing $1 trillion annually until 2020 will accelerate the Green Transition worldwide and the over 100 research reports and articles referenced in this years’ update, the “Green Transition Scoreboard® 2012: From Expanding Cleantech Sectors to Emerging Trends in Biomimicry” definitively shows green investments are becoming the norm.
As Ethical Markets recommends, institutional investors are shifting away from more speculative sectors such as hedge funds, private equity, oil and commodity ETFs. Ethical Markets hopes global investors are redeploying at least 10% of their portfolios directly in companies driving the Green Transition, putting green markets on track to reach the $10 trillion goal by 2020. The GTS data provides investment advisors the foundation to update their asset allocations to include green sectors, which Mercer, LLC, advises should represent 40% of portfolios – half to offset climate risk and half to capitalize on these opportunities.
Hazel Henderson, president of Ethical Markets Media said,
“this current transition from fossil fuels to greater efficiency and renewable energy and resources is simply the next stage in human knowledge and scientific progress.”