Published: May 26th, 2021,
Last updated: December 20th, 2022
Wealth comes with responsibility. This idea is becoming more and more prevalent in investment decisions. Green investments are also experiencing a boom among private individuals worldwide – especially since future technologies such as climate-neutral energy sources are often highly profitable. However, China’s multi-billion dollar sovereign wealth funds are not quite getting on board yet, even though greater sustainability is now something of a state goal. Nico Beckert analyses the reasons for the sovereign wealth funds’ reluctance to act on green investments.