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Sovereign Wealth Funds still lack Climate Plans

As the workbench of the world, China has accumulated massive currency reserves through its exports in recent decades. The sums in the hands of Chinese sovereign wealth funds now even exceed the budgets of large countries like the UK or Italy. Anyone who invests so much capital plays a decisive role in shaping events on the planet. The investment priorities of the SWFs are therefore of great interest to sustainability experts – and they do not give them a good report card.

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