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    Home > Chemicals Industry > International Chemical > London tops the ranking of global green finance centres

    London tops the ranking of global green finance centres

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    According to the new Global Green Finance Index (GGFI) published by the non-profit organization Financial Watch and London-based think tank and consultancy Z/Yen, London is ranked as a global green finance centre
    .

    London tops the ranking of global green finance centres

    The report found that Western Europe's financial centers outperformed other regions
    .

    Leading green finance hubs in each region include London, San Francisco, Shanghai, Shenzhen, Johannesburg, Cape Town, Mexico and Moscow
    .

    London was named the best choice for "quality and penetration", followed by Amsterdam, Brussels, Hamburg and Paris
    .

    Paris, Frankfurt and New York are likely to become more important in the next two to three years, while those companies that have shown leadership in green finance policies are expected to be significantly affected, with Paris coming out on top
    , the report said.

    Supportive policy measures and investor demand are seen as key drivers of green finance, with renewable energy, green bonds and interest rates on financing sustainable infrastructure as high-impact areas
    , the report notes.

    Michael Mainelli, Executive Chairman of Z/Yen, said: "At the heart of GGFI is observational investigation
    .
    The more we get people talking about sustainable transition, the faster
    it will happen.
    The high level of interest in GGFI is an important step
    in this direction.

    According to the new Global Green Finance Index (GGFI) published by the non-profit organization Financial Watch and London-based think tank and consultancy Z/Yen, London is ranked as a global green finance centre
    .

    Financial Center

    London tops the ranking of global green finance centres

    London tops the ranking of global green finance centres

    The report found that Western Europe's financial centers outperformed other regions
    .

    Leading green finance hubs in each region include London, San Francisco, Shanghai, Shenzhen, Johannesburg, Cape Town, Mexico and Moscow
    .

    London was named the best choice for "quality and penetration", followed by Amsterdam, Brussels, Hamburg and Paris
    .

    Paris, Frankfurt and New York are likely to become more important in the next two to three years, while those companies that have shown leadership in green finance policies are expected to be significantly affected, with Paris coming out on top
    , the report said.

    Supportive policy measures and investor demand are seen as key drivers of green finance, with renewable energy, green bonds and interest rates on financing sustainable infrastructure as high-impact areas
    , the report notes.

    Michael Mainelli, Executive Chairman of Z/Yen, said: "At the heart of GGFI is observational investigation
    .
    The more we get people talking about sustainable transition, the faster
    it will happen.
    The high level of interest in GGFI is an important step
    in this direction.

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