QATAR and ESG

What is happening? ESG advertisements. An ad by the country of Qatar caught my attention with the message: Why Qatar Is Your Next Destination for ESG Investment. It highlights that 15% growth of sustainable investment in the last 2 years with a global market sector value of $35.3 trillion. Qatar stresses its commitment to global partnerships and will make $75 billion for sustainable investments by 2030.

Why Qatar says this is important: In March 2022, Qatar’s Finance Minister committed to green finance and partnerships with global banks. According to Invest Qatar’s latest ESG report, at least $75 billion will be made available by 2030 for sustainable investments. Economic developments include the Qatar Stock Exchange joining the UN’s Sustainable Stock Exchange Initiative (SSEI) in 2016; Qatar National Bank $600 million+ issuance of green bonds (2020) and launching the first Qatari ESG tradable index with MSCI (2021). The finance sector also works with investors to produce guidance on ESG reporting as new sectors open.

WSJ Partnership Eye on Qatar | Why Qatar Is Your Next Destination for ESG Investment