Manila falls in Global Green Finance Index
Manila fell 12 spots to 81st out of 97 financial centers in the 14th edition of The Global Green Finance Index (GGFI) by Z/Yen Group and Long Finance. The Philippine capital was one of the laggards in the region with an overall rating of 549. The index measures the quality and depth of green financial products of financial centers and monitors their progress toward a sustainable financial system.