The first ever Global Green Finance Index was launched by Z/Yen and Finance Watch, and the financial centers of Western Europe outperformed those in other regions based on the perception of the quality and depth of their green finance offerings. The Global Green Finance Index (GGFI) was created in an effort to “chart the progress of the world’s financial centres towards a financial system that delivers sustainable development, and values people and the planet as much as profit.” Created by NGO Finance Watch and commercial think-tank Z/Yen, the GGFI ranks the world’s leading financial centers based on a worldwide survey of finance professionals’ views “on the quality and depth of green finance offerings across 108 international financial centres.”