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FinancialNews
02-09-21
HSBC Saudi Arabia inaugurates HSBC Global Equity Climate Change Fund
(MENAFN)According to HSBC Saudi Arabia, it announced the inauguration of the HSBC Global Equity Climate Change Fund,” that is the country's first environmental initiative investment fund.
The new fund is going to deliver qualified investors with experience to renewable energy, clean transport, sustainable water management, and climate change adaptation.
Chief Investment Officer at HSBC Saudi Arabia, Muneera Aldossary declared that “This is a pioneering change for Saudi Arabia and offers investors the ability to support global efforts to reduce the impact of climate change.”
The official further stated that this offers more opportunities for investors to be part in establishing a maintainable future corresponding to Saudi Vision 2030.
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