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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

SHOCKING: Saudi pif sets framework for green financing | Mind Blowing Facts

Saudi Public Investment Fund (PIF), the Kingdom's sovereign wealth fund, laid out plans on Monday for raising green debt as the world's top oil exporter strives to reach net-zero carbon emissions by 2060.

The Fund published the green finance framework that will allow it to tap world markets to issue debt linked to environmentally friendly goals, including the sale of green bonds.

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