The report highlights the growth of sustainable finance, particularly in the green bond market, and the increasing importance of environmental, social, and governance (ESG) factors in investment decision-making. The report also notes the growing concern around "greenwashing" and the need for a broader definition of sustainability in finance. Green finance now encompasses a wide range of instruments, including climate bonds, green index-linked bonds, carbon credits, and green project finance, among others. The report suggests that as society becomes more aware of the importance of sustainability, the concept of green finance will continue to evolve and expand.
