The Straits Times
The US scored an overall 84 out of 100 in the rankings.PHOTO: AFP
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A new index ranking financial centres according to their green credentials has warned that Europe’s domination is under increasing pressure from Asia Pacific and North American financial hubs.
Global Green Finance Index 7: Amsterdam Heads Up The Global Green Finance Ratings - Europeâs Dominance Under Pressure From Asia/Pacific And North American Centres Date
29/04/2021
Every six months the Global Green Finance Index (GGFI) evaluates the depth and quality of 78 financial centres. GGFI serves as a valuable measure of the development of green finance for policy and investment decision-makers. The top 20 centres in GGFI 7 are shown in the table below.
GGFI 7 Headlines
Amsterdam took first place in GGFI 7, narrowly pipping Zurich, with London a close third.
San Francisco rose four places into the top ten, with Los Angeles entering the top ten for the first time.
The Virgin Islands climbed four places to regain its title as the top financial centre out of 13 in the Latin America and Caribbean region in the 29th edition of the Global Financial Centres Index, which is released twice yearly by the London-based think tank Z/Yen Group.
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