Stronger government actions are needed to meet the Paris Agreement goal of limiting global temperature rise to 1.5 degrees, investors such as Hesta and CDPQ signed in a statement.
Experts say the country's debut sovereign wealth fund needs full investing independence to attract international assets, but this appears unlikely according to current plans.
For the Canadian pension fund, Covid-19 has underlined the value of tie-ups with local and global institutions, and of its long-standing focus on renewable energy.
The big Canadian pension fund sees promise in the increasingly favoured region, while its even larger peer CPPIB has just agreed a new logistics tie-up in Indonesia.
Covid-19 has added new dimensions to infrastructure investments, say the two asset owners, while Aware Super observes that deal complexity has increased.
International institutional investors are wading into an upcoming segment of the market, encouraged by a business-to-consumer model and the possibility of a publicly traded Reit.