CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Qatar

QIA calls on sovereign wealth funds to invest in non-pollution sectors

Published: 10 Jul 2018 - 09:33 am | Last Updated: 03 Nov 2021 - 12:58 am
French President Emmanuel Macron (fifth left) and  Sheikh Abdullah bin Mohammed bin Saud Al Thani (third right), Chief Executive Officer of QIA, at the event.

French President Emmanuel Macron (fifth left) and Sheikh Abdullah bin Mohammed bin Saud Al Thani (third right), Chief Executive Officer of QIA, at the event.

The Peninsula

DOHA: The Qatar Investment Authority (QIA) participated in the One Planet Summit for Sovereign Wealth Funds held in Paris to encourage countries to reduce pollution and in particular to encourage sovereign wealth funds to invest in non-pollution sectors.

QIA is one of six sovereign funds that support the One Planet initiative, which was adopted by French President Emmanuel Macron. 

The Initiative has resulted in the formation of a working group of which QIA is a founding member. The efforts of these six bodies was culminated in the formulation of a framework containing general non-binding principles, The mentioned sovereign wealth funds cooperate to realise goal of these principles, which is entering into investments in non-polluting sectors.

On the sideline of the summit, President of the French Republic, Emmanuel Macron, met with Sheikh Abdullah bin Mohammed bin Saud Al Thani, Chief Executive Officer of QIA. The meeting dealt a number of topics of mutual interest.

The CEO of the Qatar Investment Authority stressed, in remarks, the importance of the role played by QIA in realising the principles of this initiative in cooperation with other sovereign funds. Sheikh Abdullah bin Mohammed bin Saud Al Thani also met with a number of French officials.