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G20 finance communique references climate change

Feb. 23, 2020 7:41 AM ETBy: Yoel Minkoff, SA News Editor4 Comments
  • Officials in Riyadh have reached an agreement to include climate change in a G20 finance communique for the first time, even though it was removed from the top of the joint statement.
  • It coincides with a pickup in environmental, social and governance (ESG) investing in the U.S.
  • While only a small part of the $4.5T American ETF market, sustainable funds added more than $8B in 2019 and assets recently topped $20B, according to Bloomberg.

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