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Climate funds grow rapidly

China’s climate-focused investment funds have doubled their volume in 2021. This is according to figures from analysis company Morningstar. The funds had reached $47 billion in assets by the end of the year, Bloomberg reports. An increase of almost 150 percent. In the US, the volume of climate funds was $31 billion. In Europe, it was $325 billion. However, the numbers are hard to compare: The requirements for green investments in China are not as strict as in Europe (China.Table reported).

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