Green Funds



Below we provide a list of green funds which offer genuine green investment opportunities for environmentally aware investors.

green field Photo: Piero

While discussing just what exactly green funds are, we pointed out that there are many socially responsible funds which may also incorporate investments in green industries.

The following is a list of some green mutual funds which almost exlusively invest in environmentally active industries. In other words, such industries & companies are actively developing solutions to major environmental issues.

By far the most important industry which clean funds invest their money in is renewable energy. But there are, of course, other ones which draw their attention as well.


Green Fund Name
Target Industries

Acuity Clean Environment Equity Fund (1)


  • Renewable energy & power solutions incl.:

    • Wind
    • Solar
    • Biofuel
    • Energy efficiency
  • Waste management & pollution control
  • Water & waste solutions incl.:

    • Water purification
    • Waste water treatment
    • Desalination
  • Environment Health & Safety incl.:

    • Development of drugs and vaccines
    • Health services
    • Sanitation technologies

Calvert Global Alternative Energy Fund (2)


  • Wind
  • Solar
  • Biomass
  • Geothermal
  • Fuel cells
  • Energy efficiency
  • Utilities

Green Effects Fund (3)


  • Wind
  • Solar
  • Waste Management
  • Energy Efficiency

Guinness Atkinson Alternative Energy Fund (4)


  • Solar
  • Wind
  • Geothermal
  • Hydro
  • Energy Efficiency
  • Biomass & biofuels

Impax Environmental Leaders Fund (5)


  • Renewable Energy & Energy Efficiency, incl.:

    • Wind turbine manufacturers
    • Solar manufacturers and integrators
    • Renewable energy developers and independent power producers
    • Biofuels
    • Meters and demand side management
    • Industrial, building & transport energy efficiency
  • Waste Treatment & Pollution Control
  • Waste Technologies & Resource Management

New Alternatives Fund (6)

  • Wind
  • Solar
  • Geothermal
  • Biomass
  • Hydro
  • Fuel cells
  • Ocean energy
  • Energy conservation

Winslow Green Growth Fund (7)

  • Clean Energy
  • Green Building
  • Environmental Services
  • Resource Efficiency
  • Water Management
  • Green Transport

Pax World Global Green Fund (8)

  • Renewable Energy & Energy Efficiency
  • Pollution Prevention & Control
  • Waste Technology & Resource Management

Allianz RCM Global EcoTrends Fund (9)

  • Renewable Energy & Energy Efficiency
  • Pollution Control

    • Environmental quality
    • Waste management
    • Recycling
  • Clean Water

    • Water Treatment
    • Water supply




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Last update: March 2009


References for this article