With many of our clients holding investments in Sustainable Portfolios, we know that supporting sustainable investments is a key consideration for many investors and is a movement Finura wholeheartedly support.
According to IQAir’s World Air Quality Report, which measures the average concentration of the most harmful pollutants to human health (known as PM2.5), most parts of the world did not meet the annual WHO recommendation for clean and healthy air in 2022. Only 13 countries or territories met the recommended concentration – among them were Australia, Finland, Puerto Rico, Iceland, Bermuda, and Guam.
While many cities in North America and Europe have seen steady and relatively lower PM2.5 concentrations during the last few years, many cities (especially those in Asia) have also been making strides in lowering their air pollution levels.
However, the cost of inaction by some nations toward cleaner air is very high. In addition to the millions of premature deaths each year, the global cost of health damages associated with air pollution currently sits at $8.1 trillion. Unfortunately, things that are integral to our quality of life, such as industrial activities, transportation, energy production, and agricultural practices, are also the leading causes of air pollution around the world.
Click the image below for more detail on some of the world’s most polluted countries*.
If you would like to discuss adding sustainable portfolios to your investment strategy, please contact us here.
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Source: Visual Capitalist
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