Commission's plan must not end up like the Paris agreement, says head of PKA
The lack of action behind the goals of the Paris agreement was a problem, according to the CEO of PKA, Peter Damgaard. So in order to attract investors, the European Commission's long-term climate strategy must be bolstered by concrete steps.
Last week, the European Commission presented an overall strategy for how the EU plans to be carbon neutral by 2050. The strategy is a great beacon for institutional investors, says Peter Damgaard Jensen, CEO of Danish pension fund adminstrator PKA.
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