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.
Veja Mate - Lærernes Pension
From Lærernes Pension fund investment in Copenhagen Infrastructure II (Lærernes Pension share of CI II: 8,52%). Veja Mate is an operational 402 MW offshore wind farm, located in the German North Sea and currently employing approximately 20 full-time staff.
CIP, on behalf of CI II, entered the project prior to Financial Close and led, among other things, the construction of the project. Veja Mate provides enough annual power to supply more than 500 thousand German households with green power.
ASSET CLASS
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Infrastructure - green energy
GREEN DIMENSIONS
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Energy production - Wind
CONTACT
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Katrine Graabæk Mogensen
ESG Manager
kgm@lppension.dk
VALUE IN US DOLLARS
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USD 246 million
EXPECTED MATURITY
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-
LINKS
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Read more of the Veja Mate project
GEOGRAPHIC LOCATION
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Europe (Germany)
FORM OF FUNDING
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Investment through CIP in both Equity and Debt.
PARTNERS
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CIP
Lærernes Pension's share of CI II is 8,52%