Norway’s biggest life insurer, Kommunal Landspensjonskasse (KLP), which provides staff pension schemes for local authorities, is putting more of its pensions kroner into investments backing development with a new Egyptian deal.
Heidi Finskas, vice president corporate responsibility, says KLP’s target of NOK 1.5 billion (EUR 150 millon) in development investment has already been committed to various partners, including KNI, NorFinance, Climate Investor One and Nordic Microfinance Initiative, who are working in projects in their pipeline.
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