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But these dropped precipitously starting in 2022, when central banks ramped up interest rates, the Ukraine war drove up energy prices, and Europe established more stringent anti-greenwash fund-disclosure rules. By the second quarter of 2024, Morningstar estimates that net inflows had dropped to US$6.3
of GDP from April 2027. As the UK government also grapples with strengthening the economy, and the implementation of Brexit continues to rumble in the background, greeninvestment is naturally becoming deprioritised. The UK for example, is now turning its focus towards defence spending, which is set to increase to 2.5%
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