Finance Jason Deign - 22/April/2022

Sovereign wealth funds wade into the energy transition

Significant investment power is held within a few state-owned reserves but these conservative sovereign funds are only just beginning to notice the potential returns of clean energy after decades of profiting from fossil fuels

A shift towards sustainable investing among sovereign wealth funds could serve as a bellwether for national attitudes towards the energy transition

FOSSIL FUELED Many large sovereign funds are flush with petro-dollars but are now looking for future-proof investments

GREEN BACKING The funds are increasingly diversifying into clean energy—but long after their private counterparts

KEY QUOTE Sovereign wealth funds are starting to emulate private sector investors in retreating from fossil fuel investments ...

 

Try FORESIGHT - 30 days for €29

Already a subscriber?

Login



Comments are closed.

Leave a Reply

Your email address will not be published.

Related articles

Boards feel the heat from investors on climate risk

Mitigation of climate risk is moving to the top of the agenda for senior management and company boards

Read more

The transition jigsaw – Part 2: The role for business and investors

Companies and finance providers need legislative frameworks that move everybody in the same direction at the same speed, but they can, and should, do much more themselves to fight climate change

Read more

Finance dries up for coal, but flows on for oil and gas

COVID-19 may have reduced emissions in the short-term, but much more needs to happen to slash fossil fuel use to meet climate targets

Read more

Governments can stimulate green growth in emerging technologies

Emission-free energy alternatives to fossil fuels are emerging that could drive the world’s shift to a net-zero future. But there must be sufficient stimulus from governments to limit the technical, commercial and financial risks of these new technologies for investors, says Arnaud de Giovanni, global renewables leader at EY

Read more

Venture capital takes a shine to the energy transition

Venture capitalists are putting record amounts of money into climate tech, drawn by the opportunity to make money while fostering the innovation needed for decarbonisation. Digitalisation remains a focus, but investors are increasingly looking to tap into asset-heavy investment opportunities that are crucial to the energy transition

Read more