The number of climate funds has exploded


At the end of last year, there were a record 1,206 mutual funds and exchange-traded funds (ETFs) globally with a climate-related focus, up from 950 at the end of 2021, according to Morningstar. — Bloomberg

NEW YORK: Finding the right climate strategy is becoming increasingly complicated.

In Europe, investors are focused on decarbonisation efforts as a way to reduce environmental risks and encourage companies to lower emissions.

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