Is The ESG Investing Boom Already Over? ...Middle East

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Is The ESG Investing Boom Already Over?
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Over the past decade, green and socially-responsible investments, aka ESG (Environmental, Social, and Governance) investing, have emerged as one of the biggest investment megatrends in modern times. For years, trillions of dollars in new global funds flowed into the market each year, with UBS predicting that carbon-reducing tech would hit $60 trillion of investment by 2040 in the U.S.  Unfortunately, the ESG boom now appears to be languishing in investment purgatory. After peaking at $17.1 trillion in 2020, ESG assets in the United States dropped…

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