Australian investment in green projects surges despite drastic US policy reversal, report shows

Exclusive: Growth has been steady even since Trump’s re-election, building on increase from $20bn to $157bn, says thinktankGet our breaking news email, free app or daily news podcastSurging Australian demand for pro-environment investments has overcome a US-led backlash, with potential global ramifications, against green finance brought on by Donald Trump’s re-election, even if backers are less vocal about their projects.Green, sustainable and social investments have risen from $20bn to $157bn in the past five years, with $137bn backing projects with environmental benefits, according to new research from Impact Investing Australia (IIA) and the Centre for Social Impact. Continue reading…