- PIF report highlights significant green investments as part of Vision 2030 strategy
- Green bonds worth $8.5 billion earmarked for clean energy and water management projects
Saudi Arabia’s Public Investment Fund (PIF) has allocated over $19.4 billion to green projects, according to the fund’s second ‘Allocation and Impact Report,’ which measures the distribution and impacts of PIF’s green bonds as of June 30. The report, referencing $8.5 billion in green bonds issued by PIF in 2022 and 2023, stated that “PIF has currently identified a capital expenditure portfolio of over $19.4 billion of eligible green projects, of which $8.5 billion has been earmarked to be allocated under PIF’s two green bonds.”
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