sovereign wealth funds

Climate finance in the Global South needs to be simplified, according to research from the $30bn climate investor.

Delegates from QIC, Pantheon and Mubadala were asked about the state of play regarding DEI at an event in London on Wednesday.

Norway’s sovereign wealth fund stresses that engagement, rather than divestment, is usually the most effective way to manage nature-related challenges within portfolio companies.

African SWFs have capital to deploy and local expertise, according to Nana Maidugu, head of sustainability and ESG at Nigeria Sovereign Investment Authority. 

The head of UEM Group, the infrastructure arm of Malaysia’s sovereign wealth fund, says it has a $1.6bn 'war chest' to invest in green industries and is open to working with external partners.

The firm's second fund is double the size of its predecessor, and has seen growing interest from European and Middle-Eastern investors, according to head of investor relations Jeffrey Fang.

The Singaporean investor believes there is a lack of financing available for 'nascent or maturing climate technologies' that are too mature for venture capital but not ready for infrastructure investment.

Brookfield's head of transition investing discussed the next stage of the energy transition at Infrastructure Investor Network's Global Summit in Berlin.

Africa50 Infrastructure Acceleration Fund receives commitments from the Angola sovereign wealth fund, The Arab Bank for Economic Development in Africa and West African Development Bank, according to fund head Vincent Le Guennou.

The pressing need for more climate solutions-focused capital will be helped by an emerging cohort of local LPs.