Rapid Growth of the Sustainable Finance Market: Forecasts and Trends 2024-2029

According to a report by Mordor Intelligence, the sustainable finance market is estimated at USD 8.5 trillion in 2024 and is projected to reach USD 22.19 trillion by 2029, with a compound annual growth rate (CAGR) of 21.15% during the forecast period 2024-2029. This expansion is attributed to growing investor demand for financial products incorporating […]

Alvarez & Marsal: Trends in Sustainable Supply Chain Financing

On October 8, 2024, Sustainability Magazine published an article titled “A&M: Trends in Sustainable Supply Chain Financing,” highlighting Alvarez & Marsal’s (A&M) analysis of the rise of sustainable supply chain financing (SCF) in the global banking sector. A&M defines SCF as a set of financing and risk management practices designed to improve working capital and

China Launches Measures to Boost Green Finance

On October 13, 2024, Sefarad reported that China issued a directive introducing 19 key measures to develop green finance, aiming to promote sustainable growth. This initiative targets critical sectors such as the ecological development of industries and ecosystem protection, with the goal of establishing a foundation for a more environmentally friendly China. The guidelines, jointly

China Achieves Over 26% Decarbonized Energy in Its Total Consumption

On August 29, 2024, Gaz d’aujourd’hui reported that China has reached a significant milestone in its energy transition, with over 26% of its total energy consumption now coming from decarbonized sources, including renewables and nuclear energy. This progress aligns with the country’s efforts to stabilize or reduce emissions by 2030 and achieve carbon neutrality by

30% of Global Electricity Production from Renewables in 2023

On May 14, 2024, Renouvelle published an article titled “30% of Global Electricity Production from Renewables in 2023,” highlighting a significant milestone in the global energy transition. According to the EMBER think tank report, more than 30% of global electricity production in 2023 came from renewable sources, driven primarily by the growth in wind and

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