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$30 Billion Exits Climate Funds Amid Economic Turmoil

1/20/2025

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Summary

Story summary

In 2024, a staggering $30 billion was pulled from climate-focused mutual funds, signaling a dramatic shift after years of growth. Economic turmoil and the looming political shadow of Donald Trump's return contributed to this downturn. Yet, hope remains as institutional interest in sustainable investments persists, with pension funds and other investors still eager to engage.

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Story summary

In 2024, a staggering $30 billion was pulled from climate-focused mutual funds, signaling a dramatic shift after years of growth. Economic turmoil and the looming political shadow of Donald Trump's return contributed to this downturn. Yet, hope remains as institutional interest in sustainable investments persists, with pension funds and other investors still eager to engage.