2021-11-08 20:30News

8 November 2021

Mundus Nordic Green News

Folksam presents new investment fund for emerging markets

Folksam Group, a Swedish pension provider, presented a SEK billion investment in developing countries' climate change and climate adaptation. Folksam Group is to invest SEK 1.5 billion in a fund that enables pension and insurance companies to invest in climate change and climate adaptation in developing countries. The Emerging Market Climate Action Strategy (EMCA), created by the European Investment Bank (EIB) and Allianz, focuses on renewable energy and energy efficiency in Africa, Asia, Latin America and the Middle East. (press release)

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The Nordic countries are some of the most dynamic and successful economies in the world. They are also leaders in sustainability, from renewable energy, biofuels, carbon capture and storage and the hydrogen economy, circular economy business models and battery development, the Nordics are pioneers in policy design, technology development and consumer uptake. Mundus Nordic Green News is covering this transition for the international community. Every day we clip the stories of most relevance to international businesspeople and policy experts from the flow of news. Mundus Nordic Green Indices summarise the meta-data from our daily coverage to enable easy tracking of trends. We supplement these with our own opinion pieces and commentary.