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The positive power of sovereign wealth funds for ESG investment

Innovation News Network

Dr Ana Nacvalovaite, researcher at the University of Oxford, details how sovereign wealth funds can power a sustainable planet. The post The positive power of sovereign wealth funds for ESG investment appeared first on Innovation News Network.

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Tesla (TSLA) sees more investment from Norway’s $1.5 trillion wealth fund in 2023

Teslarati

trillion wealth fund, also known as the Norges Bank Investment Management (NBIM), urged Tesla to sign a collective agreement with trade union IF Metall. BYD, which dethroned Tesla as the world’s largest electric car company in late 2023, also saw more investment from Norway’s wealth fund.

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Foxconn To Manufacture Electric Vehicles With Saudi Wealth Fund

CleanTechnica EVs

Foxconn has signed a joint venture agreement with the Saudi Wealth Fund to manufacture electric cars in that country.

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Elon Musk is reportedly looking to tie up less of his wealth in Twitter deal

Teslarati

The firms and others Musk is speaking to could take on more financing in the deal, which would tie up less of his wealth in the acquisition, a new report from Reuters said. The post Elon Musk is reportedly looking to tie up less of his wealth in Twitter deal appeared first on TESLARATI.

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In Midst Of Climate Crisis, Focus On Fossil Fuel Subsidies, Not Elon Musk’s Wealth From Shares Of Transformative Companies

CleanTechnica EVs

Politicians and political talking heads have been taking to Twitter to discuss the woes of the villain, Elon Musk, and the wealth that he […].

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Chile to nationalize lithium industry

Green Car Congress

Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level.

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Saudi Arabia launches EV brand with Foxconn, using BMW components

Green Car Reports

Called Ceer, the brand is a joint venture between the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, and Apple iPhone contract manufacturer Foxconn, and will license components from BMW. Saudi Arabia doesn't have much history of car manufacturing, but the nation plans to launch an EV brand with help from BMW and Foxconn.