FinTech Magazine January 2025 | Page 140

Moving an investment into greener funds is 21 times more powerful in terms of limiting your carbon footprint than stopping flying , becoming a vegetarian and moving to a renewable energy provider combined
A study published in PLOS ONE , a peer reviewed scientific journal , found that a 1 % increase in green bond issuance leads to a 0.306 % to 0.331 % reduction in carbon emission intensity

GREEN FINANCE : CRUNCHING THE NU

Green finance can include everything from putting money directly into projects with positive environmental impacts or investing in green bonds

US $ 28.7tn

The size of the worldwide green finance market is expected to reach US $ 28.6tn by 2033 , according to research by Spherical Insights & Consulting

21x

Moving an investment into greener funds is 21 times more powerful in terms of limiting your carbon footprint than stopping flying , becoming a vegetarian and moving to a renewable energy provider combined

1 %

A study published in PLOS ONE , a peer reviewed scientific journal , found that a 1 % increase in green bond issuance leads to a 0.306 % to 0.331 % reduction in carbon emission intensity

140 January 2025