Sustainable finance water management equities tied to

Water management equities tied to sustainable finance added 0.7% after securing large municipal contracts. Revenue forecasts for 2024 point toward 9%-11% growth in this segment. “This makes it difficult to predict exactly how agencies will operate during this shutdown, though activities such as permitting, rulemaking, and grantmaking will likely see impacts and delays,” the company said in its analysis. We feel global-level supply levels are healthy, particularly given the turbulent and uncertain year for sustainable finance. But it is important to note that issuance and market sentiment are highly divided across different regions. APAC is on track to see a record-breaking year. EMEA remains committed to sustainable finance but is expected to see stagnated growth as the EU shifts its focus toward competitiveness. The US’ retreat from sustainability policy support is leading to subdued sentiment, with the rest of the Americas experiencing challenges too. Sustainable finance-linked infrastructure REITs moved slightly up (0.3%) amid new policy incentives for net-zero buildings. Technical charts imply consolidation before a possible breakout toward 52-week highs.