Earth Day: China tops US as world’s second-largest climate funds market as sustainable investing gains traction, Morningstar says

• Assets in the Chinese climate funds market grew by 149 per cent from 2020 to US$46.7 billion last year, according to Morningstar
• The US, bumped into third place after Europe and China in market size, saw assets totalling US$31 billion, achieving 45 per cent growth since 2020