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.
Vena Energy - Industriens Pension
Vena Energy is the largest renewable energy independent power producer with solar, wind and hydropower assets with over 11 GW in operation, construction or development in the Asia-Pacific region. Vena Energy powers more than 1.7 million households with renewable energy hence saving more than 6.7 million tons of CO2.
Asset classes
• Infrastructure fund and co-investment
Value in US dollars
• Confidential
Geographic location
• Multiple sites across Australia, India, Indonesia, Japan, Philippines, South Korea, Taiwan and Thailand
Green Dimension(s):
• Clean Energy Production
Expected Maturity
• -
Partners
• Global Infrastructure Partners, GIP, one of the leading global infrastructure fund managers
Form of Funding
• Financed with a combination of equity and debt
