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Denmark's ATP, one of Europe's largest pension funds, aims to have 200 billion Danish crowns ($31 billion) worth of green investments by 2030 and half that in 2025, it said in a statement on Thursday.
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The European Union will push developed countries to commit more finance to help poorer nations cut emissions and adapt to climate change impacts at the COP26 summit, the European Commission said on Thursday.
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President Joe Biden is expected to head to Europe without an agreement on measures to combat climate change as chances dimmed that deeply divided Democrats in Congress would agree on Wednesday on a broader spending deal.
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A proposal to tax the assets of billionaires is now out of consideration as a way to pay forPresident Joe Biden's social spending and climate plan, U.S. House Ways and Means Chairman Richard Neal said on Wednesday, according to Bloomberg News.
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Japanese telecoms giant Nippon Telegraph and Telephone (NTT) plans to issue green bonds worth about 300 billion yen ($2.7 billion), its financing arm said on Tuesday.