06 Jul '18, 11am

Sovereign wealth funds gather in Paris to launch climate plan

Sovereign wealth funds gather in Paris to launch climate plan

Some of the world's largest sovereign wealth funds (SWFs) are today expected to unveil a plan to integrate climate change into their investment process, at a green finance summit hosted by French President Emmanuel Macron. The SWFs involved, which together manage $3tr, will lay out a pro-environment investment framework later today that is expected to have a major influence on the investment direction taken by other big asset managers. Related articles Sovereign wealth funds gather in Paris to launch climate plan Norway seeks bids for North Sea CO2 storage contracts Just what the doctor ordered: Kaiser powers forward with renewable microgrids Scott Pruitt is out but his impact on the environment will be felt for years Vegan power row: Biogas industry defends sector's use of animal waste Funds for Abu Dhabi, Kuwait, New Zealand, Norway, Saudi Arabia, and Qatar are all invol...

Full article: https://www.businessgreen.com/bg/news/3035478/sovereign-w...

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