Manila slips in Global Green Finance Index

Manila fell four places to 91st out of 94 financial centers in the 16th edition of The Global Green Finance Index (GGFI) released by commercial think-tank Z/Yen Group as part of its Long Finance initiative. With an overall rating of 486, the Philippine capital ranked lowest among its East and Southeast Asian peers. The index assesses the quality and depth of green financial products of financial centers, tracking progress toward sustainable and responsible finance.