A newly formed alignment of legal, financial, and investment interests will direct “trillions” of U.S. dollars over the next 10 years into evolving markets linked to climate change, clean technology and sustainable use of natural resources, according to a report being prepared for the United Nations.

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What was once considered a financial niche area is poised to become mainstream as institutions with trillions of dollars under management embed environmental, social and governance thinking into their investment approach, UNEP said in a statement released simultaneously Tuesday in London, Melbourne, Nairobi, New York, Paris and Tokyo.

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