On the Role of Sovereign Wealth Funds (SWFs) in Supporting a Green Recovery

... mutual interests, improve multilateralism, and develop opportunities for their SWFs, writes Valdai Club Programme Director Yaroslav Lissovolik . Additionally, it would act as an emergency tool in easing the impact of a global crisis, such as the current COVID-19 pandemic, as it can be employed as an anti-crisis measure via the investments of the G20 states’ SWFs. Perhaps one of the few areas where a consensus is crystallizing across the major powers of the global economy is on the urgency of advancing the green environmental agendas and reducing the carbon emissions. Global institutions such as the IMF are emphasizing the need for a green recovery to take hold in the world economy as the global community emerges ...