Thursday, September 04, 2008

The Bubble in Europe

Wealthy Europeans set to pledge €1 trillion to save the planet
Sustainable investment by wealthy individuals in Europe will top €1 trillion in less than five years time, at the current rate of progress, according to a newly-published report.

This investment will be equivalent to a 12% weighting in their portfolios, compared to the current 8%, it said. The report has been published by the European Sustainable Investment Forum, Bank Sarasin and accounting firm KPMG.

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