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: 09 02 134 154 134 The role of sovereign wealth funds in achieving sustainable development Kuwait Sovereign Fund as a mode 1 2 1 [email protected] 2 ، [email protected] 02 09 2020 14 11 2020 31 12 2020 Jel M10.N2 [email protected]

The role of sovereign wealth funds in achieving

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Page 1: The role of sovereign wealth funds in achieving

:0902134154

134

The role of sovereign wealth funds in achieving sustainable development

Kuwait Sovereign Fund as a mode

12

[email protected]

،[email protected]

020920201411202031122020

JelM10.N2

[email protected]

Page 2: The role of sovereign wealth funds in achieving

135

Abstract: Sovereign wealth funds are considered to have a major role in financing

sustainable development, as the aim of their establishment is to manage and

invest financial surpluses, and investment may be in bodies that work to lay

the foundations of sustainable development at the local or external level.

Therefore, the study of the Kuwaiti sovereign fund called the General

Investment Authority, which is considered the first sovereign fund in the

world, came in order to highlight the clear role of sovereign funds in

achieving sustainable development, by supporting and financing institutions

that support sustainable development projects, and by following the

descriptive approach, it was concluded that the Kuwaiti fund For Arab

economic development through loans that it gives to Arab and developing

countries, it works to achieve sustainable economic and social development,

through the loans it grants to finance development projects in various

sectors such as transport, energy and social support, as well as supporting

some sectors at the local level.

key words:Sovereign funds, sustainable development, the Kuwaiti

sovereign fund, the Kuwait Fund for Arab Economic Development.

Code jel: M10.N2

1

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https://www.kuwait-fund.org/ar/web/kfund/current-news-events20205

61 https://www.swfinstitute.org/profile182020 2 https://www.kuwait-fund.org/ar/web/kfund/current-news-events20203 26272012

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5 2020https://www.kuwait-fund.org/ar/web/kfund

6 172020https://www.alaraby.co.uk/economy7

8 232020https://kia.gov.kw/about-kia/?lang=ar/#maindate

9 20182019

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11 2015375

12 200914612

13 182020https://alqabas.com/article/5729175

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