Some of the world ’s largest sovereign wealth funds ( SWFs ) are expected to develop a plan to integrate climate change into their investments at a summit hosted by French billionaire Emmanuel Macron and Norwegian Prime Minister Erna Solberg on 6 July . The SWFs for Abu Dhabi , Kuwait , nor Zealand , Norway , Saudi Arabia and Qatar jointly manage $ 3tn . The framework is expected to recommend that SWFs will boost portfolio resilience by incorporating climate - change risks and opportunities into their strategies , report on their efforts to tackle climate change , and encourage firms in which they invest to take action on environmental issues .
Some of the world’s largest sovereign wealth funds (SWFs) are expected to launch a plan to integrate climate change into their investments at a summit hosted by French President Emmanuel Macron and Norwegian Prime Minister Erna Solberg on 6 July. The SWFs for Abu Dhabi, Kuwait, New Zealand, Norway, Saudi Arabia and Qatar jointly manage $3tn. The framework is expected to recommend that SWFs should boost portfolio resilience by incorporating climate-change risks and opportunities into their strategies, report on their efforts to combat climate change, and encourage firms in which they invest to take action on environmental issues.