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Sovereign Wealth Funds Are Betting On Clean Tech. Why That's Important.


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Sovereign wealth funds are pouring cash into clean tech investments, a move that could provide the funding needed to accelerate the development of green technologies to combat climate change.
Managing more than $9 trillion of capital globally, sovereign wealth funds (SWFs) from China, Singapore, the Middle East, and Norway are ratcheting up their interest in the clean tech sector to tap into the global shift towards energy efficiency and lower carbon emissions.
“Sovereign Wealth Funds are spending a lot more time and money on the whole ESG impact and sustainability space. That’s a huge trend,” Makram Azar, founder and CEO of private-investment and advisory group Full Circle Capital, said. ....

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