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.
Green Bonds - PenSam
PenSam has invested in green bonds issued by Kommunekredit and World Bank.
Asset classes
• Green Bonds
Value in US dollars
• 70 million
Geographic location
• Global
Green Dimension(s):
• The proceeds from the bonds are invested in different areas like district heating, water management, energy efficiency, renewable energy and clean transportation
Expected Maturity
• 2039
Partners
• World Bank
• Kommunekredit
Form of Funding
• Green Bonds
Contact
Torsten Fels
CEO
tof@pensam.dk
