SOVEREIGN WEALTH FUNDS STRUGGLE TO TURN THEIR TRILLIONS TO CLIMATE FINANCE

Sovereign wealth funds that control nearly $12 trillion in assets are unlikely to quickly dismantle the hurdles in the way of urgently needed increases to their climate investments, even as COP28 talks seek to close the funding gap.

Funds such as those of Norway and the United Arab Emirates, COP28 host, face obstacles including mandates that require predictable returns that make it hard to find enough sustainable projects in which they can invest.

Learn More