Green finance is drawing huge interest in light of climate change, but it needs to be about more than financial returns
While the French pension reserve fund has embraced and integrated the sustainability agenda in its investment strategies and was one of the first to incorporate climate change into its portfolio, it does not invest in green bonds
Alecta, the largest occupational pension provider in Sweden, with SEK874bn (€85.4bn) in assets, now invests SEK31.4bn in green bonds.
Lack of a co-ordinated policy is hindering climate-friendly infrastructure investment
Attention on polluted seas is leading to discussions about how to marshal capital to clean them up
China plans to invest more than $6trn in green power and clean tech in the next two decades
Lack of standards is not hindering green bond issuance. Pressure on corporates to finance the energy transition will intensify
PensionDenmark, PKA, PFA and PenSam all represented Denmark’s pension industry at the UN Climate Action Summit in New York
Also: €8.6bn postal scheme PostNL allocates 2% to green bonds via NN Investment Partners mandate
Also: AXA IM launches impact fund focused on Asia, Africa and Latin America; NN IP green bond fund reaches €1bn
Sweden’s third AP fund pledges to halve its carbon footprint by 2025 and invest €2.8bn in green bonds
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