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Danish pension funds earmark EUR 47bn for climate projects ahead of UN Climate Change Summit

Denmark's pension sector aims to invest roughly EUR 47bn in climate change mitigation projects ahead to 2030.

Photo: MHI Vestas/media@owf-deutsche-bucht.de

The Danish pension sector pledges to invest DKK 350bn (EUR 47bn) in green projects up to 2030, Danish Prime Minister Mette Frederiksen informs at a press conference in New York City late Sunday CET.

Torben Möger Pedersen, vice chair of Insurance & Pension Denmark as well as chief executive of PensionDenmark, says the pledge entails "binding commitments".

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