Danish parliament agrees to set up EUR 7bn green fund

The broad majority of Danish parliament agrees to establish a new fund worth roughly EUR 7bn to invest in climate change mitigation.

Photo: Emil Helms/Ritzau Scanpix

A broad group of parties in the Danish parliament have reached an accord to establish a green state fund to invest in reforestation, expanding offshore wind, and installing other green transition technologies like Power-to-X, pyrolysis, and carbon capture and sequestration.

Capitalized with DKK 53.5bn (EUR 7.2bn), the new green fund is meant to further accelerate the green transition in the period 2024–2040.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Wide range of AUM declines among Nordic asset managers in Q2

Q2 OVERVIEW: Although the three best-performing Q1 managers have yet to release figures for this period, AMWatch’s preliminary overview suggests that the results are reflective of local market conditions, where two countries had a clear advantage.

CEO appoints new J. Lauritzen investment team

Kristian Mørch, the former CEO of Odfjell and current CEO of investment firm J. Lauritzen, has already constructed his new team, which involves both shipping and investment industry professionals.

Further reading

Related articles

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch