Last week, Norway's pension giant Kommunal Landspensjonskasse (KLP) approved a project meant to expand the fund's options for underwriting Norway's goal to move its shipping sector in a greener direction, for instance, by adopting renewable fuels produced via renewable power and Power-to-X technology, writes investment and pension sector media IPE.
No specific target is yet disclosed for the targeted credit investments, KLP informs, clarifying that it will depend on finding the right public-private arrangements.
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