The latest survey from Standard Chartered has revealed that 90 per cent of investors are keen to make green investments.
Affluent and high net worth individuals (HNWI) in the UAE are showing an increasing appetite towards sustainable investments, as they look to capitalise on green opportunities, according to the latest Sustainable Investing Review 2020 from Standard Chartered Private Bank.
Amid market disruptions due to Covid-19, as many as 90 per cent of investors surveyed said they are interested in sustainable investment, with 42 per cent planning to invest five to 15 per cent of their funds in sustainable investments over the next three years.
Naushid Mithani, head of global South Asian Community, Europe, Middle East and Africa and private bank head UAE, Standard Chartered, told Arabian Business: “As the Middle East’s second-largest economy, the UAE is providing a number of sustainable investment opportunities, recognising the significance of long-term benefits to the country.”
