6 major wealth funds agree to encourage greener economy
https://apnews.com/dfac0b840ee44e0c8ecc2035e742636a
PARIS (AP) — The sovereign wealth funds of major oil-producing countries have agreed upon a common roadmap to encourage investments toward a greener economy.
The six funds from Norway, United Arab Emirates, Saudi Arabia, Qatar, Kuwait and New Zealand released a joint framework Friday to encourage investors to take climate-related risks into consideration when investing. They also want to improve businesses' transparency on their strategies toward establishing low-carbon economic growth.