Returns of US$7.2 tril green sector outpaced only by tech stocks
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The green economy had the second-best financial performance of any equity sector over the past decade, with total returns of 198%. Only the technology industry surpassed the green economy's returns. Energy management and efficiency were the best performers within the green sector. Renewable energy was a laggard. The green economy has a market capitalization of US$7.2 trillion and a compound annual growth rate of 14% over the past decade. Companies with green revenues account for about 8.6% of global listed equity markets. The FTSE Russell Environmental Opportunities All Share Index is used as a proxy for the green sector and has outperformed the FTSE Global All Cap by 82% since 2008. Energy management and efficiency have a compound annual growth rate of 17% over the last five years. AI and data centers may become a new driver for green economy expansion. Overcapacity in sectors such as solar and trade barriers related to renewable-energy equipment and electric-vehicle manufacturing are headwinds for the green economy. Protectionism can both accelerate and slow down the green economy.
#GreenEconomy #TechnologyIndustry #EnergyManagement #RenewableEnergy #MarketCapitalization
https://theedgemalaysia.com/node/718257
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