Danish pensions to put US$50b into green investments


"According to our experience, investments in sustainable energy infrastructure, e.g. in windmill farms, both help find a solution to the climate challenge but also give good returns on investments," Torben Pedersen, vice chairman at Insurance and Pension Denmark, said.

COPENHAGEN: Danish pension funds plan to invest more than US$50bil in green assets to fight climate change, they said in a statement on Monday ahead of a United Nations climate summit in New York.

The investment was first announced on Sunday by Denmark's prime minister Mette Frederiksen at a news conference in New York before the summit.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih
FBM KLCI rebounds to hit fresh two-year high
Asian FX subdued after mixed US data; equities set for weekly gains
Global manufacturing activity recovery to continue gradually into 2024 - S&P Global

Others Also Read