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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Bigger govt role needed in green finance

Posted on 14 July 2014

The government can play a more powerful role than capital market in encouraging financial investment flowing into sustainable development businesses, said Gao Xiqing, former president of China Investment Corporation, China’s key sovereign wealth fund.
“The financial sector is overall cautious in investing in environmentally friendly industries,” he said. Many international public relations firms have been lobbying him to invest in environmental protection and non-fossil energy fuels projects since the launch of China’s sovereign wealth fund, said Gao………………………………………..Full Article: Source


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