Climate conscious investors have channeled billions of dollars into clean energy but investment flows into protecting and better managing the world's ecosystems remain minute by comparison.
This could change after negotiators at the U.N. nature summit in Montreal secured long-awaited formal support on Monday for ato protect nature. But plans have yet to be fleshed out on how to channel the huge amounts of capital from private and public sector sources that scientists say are necessary for conservation.
Some managers have already pressed ahead. Around 74.3 billion euros are already invested in funds aimed at protecting ecologically sound environments on land, air and water, according to data from Morningstar.Morningstar lists 175 funds that run investment strategies that are intended to invest in companies, or securities, that are involved in industries that positively impact the environment. It groups these funds together under a theme it calls healthy ecosystems.
These funds are largely concentrated in the industrials and utilities sectors: six out of 10 largest funds are overweight the benchmark weighting of industrials in the MSCI ACWI Index while half of the funds are overweight utilities.Investment strategies targeting biodiversity specifically are an even more nascent product. Just 907.6 million euros are invested in Morningstar’s top 10 equity funds with biodiversity in their name.
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