"If the green economy — defined as the group of companies heavily involved in environmental business — were its own industry, it would be the third-largest in the world."
"The group of companies that derive significant revenue from environmental solutions, known as the green economy, has topped $10 trillion in market value, a new report found.
That milestone was tied to a 5.3 percent growth in green revenue last year, according to the London Stock Exchange Group’s report, released Wednesday. Green companies—those with at least one-fifth of their revenue coming from environmentally focused activities—outperformed the broader market by around 12 percent over the past decade.
The report demonstrates green businesses’ resilience in the face of political and social pushback, particularly as major economies such as the United States retreat from climate investment."
