A new key biodiversity platform for cross sectoral collaboration
For its inaugural launch, World Biodiversity Summit will help define what world leaders and the private sector in biodiversity and climate action need to do in the medium and long term to achieve sustainable development and hinder further biodiversity loss, focusing on partnerships and investment mechanisms as levers of progress. World Biodiversity Summit is a platform for responding to accelerating biodiversity loss, by using the Paris Agreement as a framework to learn from, promoting relevant solutions, innovations, and leadership networks, strengthening nature restoration and conservation. Nature-based solutions will be highlighted, from specificecosystems to global possibilities.
First year tracking of the Danish pension fund commitment towards USD50 billion in green investments by 2030
Insurance & Pension Denmark CEO, Ken Damsgaard reported that Danish pension funds have invested $8 billion in green projects since the 2019 Climate Action Summit in New York. This far exceeds earlier expectations and could lead to Danish pension funds reaching their $50 billion green investment target three years ahead of schedule.
Beatrice Offshore Windfarm Ltd – PensionDenmark
450,000 homes powered
Asset classes
• Unlisted equity
Value in US dollars
• USD 3,1bn
Geographic location
• Outer Moray Firth, United Kingdom
Green Dimension(s):
• Clean Energy Production
Expected Maturity
• 20-25 years
Partners
• CIP I/II owns 35 pct. of the project. Through these funds, PensionDanmark owns approx. 20 pct. of the project.
• Senior executives from the energy industry in cooperation with PensionDanmark founded CIP in 2012.
Form of Funding
• Investment through CIP
Contact
Torben Möger Pedersen
CEO
PensionDanmark
tmp@pension.dk
