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The growing demand for 'green' financial advice has seen nearly three-quarters of investment advisers begin to offer it.

The information comes from a survey by the Association of IFAs into environmental and ethical investments, which showed the vast majority of IFAs feel there is limited information available on the subject and much of what there is is not good enough. The survey was held in April and sampled the views of 309 IFAs.

Seventy per cent of savings, investments and pensions advisers said they offered advice on an ethical or environmentally-friendly basis.

A further 23 per cent said they had seen requests for this type of advice increase and 82 per cent were dissatisfied with information. But half the IFAs surveyed do not have a green policy in their workplace.

Chris Cummings, director general of Aifa, said: "Ethical investment is a topical issue, with a quarter of IFAs having experienced increased investor interest in this area.

"Aifa is committed to keeping members up-to-date, and that is why, as part of National Ethical Investment Week, we are holding a seminar on green and ethical investment, which will include information on the market as it stands, and a panel debate to discuss some of the key issues.

"We are keen to support all members in developing green policies and make their contribution to the battle against climate change. It is one of the guiding principles of the manifesto for advice that well run firms should pay due regard to the environmental impact of their business practices."