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Danish FSA warns pension funds on billion-euro green power pledge

The biggest pension funds in Denmark have said they’ll plow over EUR 45 billion into sustainable energy within the next decade. Now, the country’s regulator says such green investments will only fly if they offer competitive returns.

Jesper Berg, the head of the Danish Financial Supervisory Authority, says pension funds looking for greener investment options risk a run-in with the regulator if they sacrifice returns. Photo: Daniel Hedelund
BY FRANCES SCHWARTZKOPFF / BLOOMBERG
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