Green Bonds (Construction)
Introduction
eco-investment (sometimes written eco-inversión, by the English spelling eco-investing, but in Spanish the prefixes are welded to the main word)[1] or green investment, is a form of socially responsible investment that is made in companies that support or manufacture environmentally sustainable products or practices. These companies encourage (and often benefit from) new technologies that support the transition from coal dependence to more sustainable alternatives.[2].
As the environmental impacts of industries become more evident, green issues are not only gaining prominence in popular culture, but also in the financial world. In the 1990s many investors "began to look for those companies that were better than their competitors in managing their environmental impacts." While some investors want to avoid only "the most egregious polluters," the emphasis of many investors has shifted from "how money is used" to "using it in a positive and transformative way to get us from where we are now, ultimately to a truly sustainable society."[3].
The Global CLimate Prosperity Scoreboard—launched by Ethical Markets Media and the Climate Prosperity Alliance to monitor private investments in green companies—estimates that more than $1.248 trillion ($) has been invested in solar, wind, geothermal, ocean/hydropower, and other green sectors since 2007. This figure represents investments from North America, China, India, and Brazil, as well as others. developing countries.[3][4].
Eco/Green Investment versus socially responsible investment
While many eco-investments may be considered socially responsible, and vice versa, the two are not mutually inclusive. Socially responsible investments are made only in those companies that meet certain moral or ethical criteria. This may include businesses with an interest in the environment, but is also compatible with various other social and religious issues.[5].
Ecoinvestments focus on sustainable solutions to environmental problems. Specifically, ecoinvestments focus on companies working in renewable energy and clean technologies.