Company · International Affairs

One Planet Sovereign Wealth Funds

The One Planet Sovereign Wealth Funds (OPSWF) initiative was established at the inaugural One Planet Summit in December 2017 in Paris and comprises the sovereign wealth fund members of the initiative. OPSWF comprises 50 members — 18 sovereign wealth funds, 19 asset managers, and 13 private equity funds — with over $48 trillion of assets under ownership or management. Through shared expertise, OPSWF Network members foster climate-related risk management and value creation. On the 6th of July 2018, the OPSWF founding members published a voluntary framework (‘the Framework’) outlining principles for SWFs to systematically integrate material climate changefactors into their decision-making and how they can collectively support effective action. The Nework's objectives are to: • Support sovereign wealth funds in achieving their objective to innovate and expand the market for investment opportunities in new energy solutions. • Accelerate efforts to integrate material financial risks and opportunities related to climate change into the management of large, long-term asset pools. • Leverage the scale and benefits of knowledge-sharing, while preserving flexibility and agility.