Investment in ESG funds reaches highs, with 244,000 million dollars
Madrid, March 27 (.).- The inflow of money into debt funds with environmental, social and governance criteria (called ESG, for its acronym in English) accumulates a volume of 244,000 million dollars until February (about 226,000 million euros), which is an all-time high.
Likewise, this volume represents an increase of 12.4% in the interannual rate, according to data published this Monday by Bank of America (NYSE:).
Between January and February alone, global inflows into these ESG bond funds amounted to $11.7 billion (about 10.8 billion euros).
The report also highlights that the Western Europe region remains the most important in terms of investment in ESG bond funds, with half of the entries registered in the year.
Specifically, Western Europe accumulates up to February inflows of money into said ESG funds of 109,000 million dollars (about 101,000 million euros), also all-time highs.
In the US, the volume of money invested in these funds recorded inflows of 1,300 million dollars (1,200 million euros) between January and February, which is recovered from the outflows of 757 million dollars (about 703 million euros) that were registered in December 2022.
And although the increase represents 11% in the interannual rate, the inflows in this type of debt only represented 2% of the total.