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April 22, 2024

In Charts: Redemptions drag global climate fund flows to lowest level in four years

An electric car connected to a charger
Climate solution funds, invested in areas such as electric vehicles, were among those impacted by high interest rates and inflation © Getty Images

Global flows into climate funds were valued at $40bn in 2023, accounting for more than half of flows into all funds

Substantial redemptions from funds invested in climate solutions and clean tech companies were responsible for bringing global climate fund flows to their lowest level in four years in 2023, says data provider Morningstar.

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