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Rising sea levels, higher temperatures and threats to water and food security are some of the climate change challenges faced by Singapore and Qatar as well as other countries in the Middle East.
Gulf states and its investors can show how ESG-led investments can work gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.
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Providing a helpful overview on the rapidly shifting carbon and sustainability landscape for institutional investors, and how they can accelerate innovation
Today, the International Forum of Sovereign Wealth Funds (IFSWF), a global network of almost 40 sovereign wealth funds, in partnership with the IE University s Center for the Governance of Change, a global research center on SWFs, host a seminar on the rapidly changing landscape around climate change, the impact institutional investors are having to navigate and drive this change forward, and next steps for investors. The event follows last month s release of the first comprehensive survey of sovereign wealth funds attitudes to climate change, conducted by IFSWF and the One Planet Sovereign Wealth Funds (OPSWF), as well as IE University s annual Sovereign Wealth Funds Report publication, in partnership with ICEX-Invest in Spain.
Sovereign wealth funds need to take immediate action to mitigate the effects of climate change, according to a first of its kind survey of sovereign wealth funds.