05 Nov Sovereign Wealth Funds 2019
Written in English
IE Center for the Governance of Change
In 2019, the growth of the world economy slowed to 2.9%, the lowest annual rate recorded since the subprime crisis. This was a year in which the elements of uncertainty that had previously threatened the stability of the cycle began to have a more serious effect on economic expansion.
This report takes a close look at the greater participation of SWF in the most disruptive technologies, and also analyzes one of the most promising and novel aspects of the activity of these funds: their role as responsible investors in the Sustainable Development Goals (SDG). The achievement of the SDG represents a business opportunity in areas such as the agroindustrial sector, smart cities, energy and health. SWF, as they are market-oriented government-controlled funds, might play a key role in involving private investment in the development of the 2030 Agenda. In 2018 and 2019 alone, SWF invested in sustainability-linked assets with a total value close to 16 billion dollars.