After a year characterised by regulatory frustrations, a certain amount of ESG backlash and ever-pressing geopolitical tensions, it's fair to wonder what direction sustainable investment will take in 2025.

Before diving into what's new, it's worth giving a recap on an intense year. Sustainability regulations in 2024 marked a significant milestone for sustainable finance, although their full impact is still unfolding.

Recognising the critical role of the financial sector in reversing biodiversity loss, DPAM became a signatory of the Finance for Biodiversity Pledge in December 2020.