{"id":564381,"date":"2021-08-29T13:55:11","date_gmt":"2021-08-29T13:55:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/29\/sovereign-funds-arent-doing-enough-esg-investing-a-bunch-of-global-covid-news\/"},"modified":"2021-08-29T13:55:11","modified_gmt":"2021-08-29T13:55:11","slug":"sovereign-funds-arent-doing-enough-esg-investing-a-bunch-of-global-covid-news","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/29\/sovereign-funds-arent-doing-enough-esg-investing-a-bunch-of-global-covid-news\/","title":{"rendered":"Sovereign funds aren\u2019t doing enough ESG investing + a bunch of global covid news"},"content":{"rendered":"

? FOR YOUR COMMUTE- <\/strong><\/p>\n

<\/a> Apparently, global sovereign wealth funds are not doing enough investing in ESG to <\/strong>meet the current rate of climate change, <\/strong>former executive secretary of the United Nations Framework Convention on Climate Change, Christiana Figueres, told Bloomberg<\/a>. She explained that they are still too focused on maximizing returns and not enough on averting the climate crisis. She explained that so far the funds have been focused on maximizing returns from the low-carbon transition, but \u201cgiven the gravity of the climate crisis, this is no longer sufficient.\u201d A 2020 study<\/sup><\/sup> (pdf<\/a>) by the International Forum of Sovereign Wealth Funds reported that over a third of wealth funds have a formal climate change strategy in place.<\/p>\n

Bloomberg<\/a><\/strong> is doing a day in the life of a fertilizer container<\/strong> that has been stuck in the Port of Shanghai since May as to show us just how bad the global supply chain has become in light covid-19 outbreaks and typhoons. A fertilizer container headed to the US from China usually takes no longer than a few weeks.<\/p>\n

<\/a> YOUR DOSE OF GLOBAL COVID NEWS- Natural immunity trumps Pfizer vaccine?<\/strong> People with natural immunity from a previous covid-19 infection are apparently less likely to contract the delta variant than those who are vaccinated, according to a study (pdf<\/a>) published by medRxiv, which was cited by Bloomberg<\/a>. The yet to be peer-reviewed study explained that natural immunity affords longer lasting and stronger protection against hospitalization from the delta variant, in comparison to the Pfizer vaccine. The study revealed that those fully vaccinated with the two-dose Pfizer shot are six times more likely to contract the delta variant.<\/p>\n

UAE opens borders to the vaccinated<\/strong>: Travellers from all around the world who have received a World Health Organization (WHO) approved vaccine can enter the UAE starting tomorrow, according to a UAE government statement<\/a>. The UAE hopes this will boost tourism \u2014 one of the country\u2019s vital industries \u2014 while keeping everyone safe by mandating rapid PCR tests upon arrival.<\/p>\n

Meanwhile, booster doses are now mandatory for Sinopharm inoculated individuals in <\/strong>Abu Dhabi<\/strong>. Vaccinated individuals who have taken the second dose of the sinopharm vaccine more than six months ago have to take a booster shot, Abu Dhabi\u2019s media office stated in a tweet<\/a>. Starting 20 September, individuals who have not received the booster shot will have the same status as unvaccinated people and will not be able to access certain public spaces. The city is aiming to follow Israel's lead after it administered a third dose of the Pfizer vaccine to try to limit the Delta variant\u2019s spread in the country. The booster shot showed promising results reaching an 86% efficacy for people over the age of 60, according to the Financial Times<\/a>.<\/p>\n

Over to the far east, where Japan is studying the possibility of mixing Astrazeneca doses <\/strong>with Pfizer or Moderna ones to speed up vaccinations,<\/strong> Minister of Administrative affairs Taro Kono stated on a televised news program today<\/a>. Studies have shown<\/a> that mixing vaccines is as effective or more effective than taking two doses of the same one. Moreover, countries like Canada, France and Germany have already allowed it, though the US cautioned against the practice<\/a>. Japanese vaccination rates have reached around 44% of the overall population and 90% of the elderly having received both doses, according to Bloomberg<\/a>. The majority of young people remain unvaccinated.<\/p>\n","protected":false},"excerpt":{"rendered":"

? FOR YOUR COMMUTE- Apparently, global sovereign wealth funds are not doing enough investing in ESG to meet the current rate of climate change, former executive secretary of the United Nations Framework Convention on Climate Change, Christiana Figueres, told Bloomberg. She explained that they are still too focused on maximizing returns and not enough on […]<\/p>\n","protected":false},"author":1,"featured_media":564382,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[107,633,7229,638,239,113],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-covid-19","tag-enterprisepm","tag-esg","tag-for-your-commute","tag-supply-chain","tag-vaccines","wpautop","entry"],"acf":{"mongo_id":"1c14ceed-04e8-436a-965b-34b562f4f76d","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/8\/543.jpg","photo_position":"above","related_issue":[564378],"teaser":"","voice_url":""},"yoast_head":"\nSovereign funds aren\u2019t doing enough ESG investing + a bunch of global covid news - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/29\/sovereign-funds-arent-doing-enough-esg-investing-a-bunch-of-global-covid-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sovereign funds aren\u2019t doing enough ESG investing + a bunch of global covid news\" \/>\n<meta property=\"og:description\" content=\"? 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The move towards green investments comes as part of the general uptick in funding for sustainable projects and appetite for environmental, social, or governance (ESG) impact,\u2026","rel":"","context":"In "Macro picture"","block_context":{"text":"Macro picture","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/419.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566019,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/23\/sovereign-wealth-funds-doubled-their-investments-last-year-with-a-focus-on-domestic-economic-support\/","url_meta":{"origin":564381,"position":3},"title":"Sovereign Wealth Funds doubled their investments last year with a focus on domestic economic support","author":"enterpriseam admin","date":"23 May 2021","format":false,"excerpt":"With an eye on local development, sovereign wealth funds nearly doubled their investments in 2020: Sovereign wealth funds\u2019 direct investments last year grew to USD 65.9 bn, from USD 35.9 bn in 2019, the International Forum of Sovereign Wealth Funds said in its annual review. Supporting local industries and domestic\u2026","rel":"","context":"In "Macro picture"","block_context":{"text":"Macro picture","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/424.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543119,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/10\/supply-chain-crisis-is-coming-with-us-into-the-new-year-kuwaits-sovereign-wealth-fund-is-jumping-on-the-esg-train\/","url_meta":{"origin":564381,"position":4},"title":"Supply chain crisis is coming with us into the new year + Kuwait\u2019s sovereign wealth fund is jumping on the ESG train","author":"enterpriseam admin","date":"10 January 2022","format":false,"excerpt":"It\u2019s clear the Great Supply Chain Snarl of 2020 is continuing well into 2022 and will push up global inflation, but industry players remain divided on just how long it will last, reports the Financial Times. One of the biggest challenges this year will be unclogging traffic jams to bring\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/416.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543254,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/19\/are-humans-going-to-be-edged-out-of-financial-advising-esg-funds-could-face-a-slowdown-in-2022\/","url_meta":{"origin":564381,"position":5},"title":"Are humans going to be edged out of financial advising? + ESG funds could face a slowdown in 2022","author":"enterpriseam admin","date":"19 January 2022","format":false,"excerpt":"2022 could be a slowdown year for ESG funds: ESG-focused funds are facing pressure from rising research costs and tech stocks \u2014 which previously helped bolster the investments\u2019 performance over the past year \u2014 falling out of favor, signaling a potentially challenging year for the asset class, the Financial Times\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/475.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=564381"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564381\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/564378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/564382"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=564381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=564381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=564381"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=564381"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=564381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}