Global investments in t shrank by nearly $5 trillion over two years, researchers say, as US and other financiers soured on investments seen as risky and opaque.In its biannual , the Global Sustainable Investment Alliance (GSIA) said on Wednesday that investors had $30.3 trillion in sustainable assets in 2022, down from $35.3 trillion in 2020.In the US, where Republicans have railed against ESG funds, which push for environmental, social, and governance benefits, such assets plunged from more than $17 trillion to just $8.4 trillion over the same period.
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