Green Fund
Candlefocus EditorThe green investment medium has seen huge success since its emergence, with a whopping $50 billion invested into green funds in 2020. The increase in inflows more than doubled from the previous year, showing the power of green investing. This can be attributed to more awareness of environmental issues and people's increasing willingness to invest in companies that are environmentally friendly.
When searching for suitable green funds, it is important to look out for companies that engage in green transportation, alternative energy, and sustainable living practices. Although green funds can match the profits of traditional funds, it is not conclusively proven that this is always the case. Furthermore, there has been little effort to legislate green funds.
Generally, green fund investing is accessible to any interested investor. Even investing a small amount of money into green funds can make a big difference. This is not only because of the money invested into the company, but also because it increases the demand for companies to remain socially responsible.
Implicitly, choosing to invest in green funds is a conscious decision to use your money with purpose and contribute to a more sustainable tomorrow. Therefore, green funds are an increasingly popular alternative to traditional investory, providing moral returns alongside financial returns.