The departure of major American asset managers from Climate Action 100+ reflects growing political resistance to Environmental, Social, and Governance (ESG) investing in the U.S. This backlash, driven by political figures accusing ESG efforts of promoting “woke capitalism,” contrasts sharply with global trends.
In Europe, digital and policy advancements support robust climate initiatives, with increasing investor commitment and regulatory support. Governments play a critical role in shaping these dynamics by influencing policy and providing necessary funding. The focus on sustainable investing continues to grow internationally, underscoring the need for supportive governance and digital tools to drive climate action.