Nordic and British pension providers are prepared to invest USD 130bn in climate change mitigation efforts approaching 2030, says Danish Prime Minister Mette Frederiksen during a press meeting at UN climate summit COP26 on Tuesday. It's a Nordic initiative headed by Denmark.
"It's clear to us all that climate change mitigation will require massive investments. Governments must do our part and set ambitious goals. But we can't do it alone. We need the private sector," she says, continuing:
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