Thanks to Willow Aliento and the The Fifth Estate for the chance for Ethinvest's Trevor Thomas to address how #climate and #green investments are still going ahead in their story "Why green investment is a safer harbour – and looking to the Asia Pacific"
"Amidst the general air of chaos and foreboding pervading global financial markets, green investment is starting to turn its eyes to Asian and European collaboration. According to Trevor Thomas, managing director of Ethinvest, anything that is market-linked is currently volatile including green bonds and #climatebonds that have exposure to the general financial market.
Bonds are directly affected by interest rates, Thomas says, so too for #greenbonds, which are funding instruments for renewables and decarbonisation, as much as for any other bond.
So green investments are not, as a general category, a definitive safe harbour in 'this moment of turmoil' however, #climatefinance for projects such as renewable energy climate adaptation or climate mitigation initiatives is still going ahead.
“Good things will come out of this,” Thomas says.
“...while there have been many companies publicly backing down from DEI (diversity, equity and inclusion) and #climate commitments (in the US and elsewhere), many are still quietly getting on with green investments, decarbonisation and employment practices that support a diverse workforce.”
While the market slide right now is affecting the share price of green listed companies to some degree, Thomas says in the long term, sustainable investments are “still the safest place to be”.
Full story:
https://lnkd.in/g36ZNcgF
