​Pressure on AP funds to turn green wrong-headed, say Swedish academics
By Rachel Fixsen2021-02-26T15:21:00+00:00 Four Swedish professors have lambasted a political push for the country’s national AP pension funds to contribute to climate policy by investing in an exclusively sustainable manner. John Hassler, professor of economics, IIES, Stockholm University, along with three academic peers, wrote in a column published in Swedish newspaper DN last week: “The government has so far put pressure on the public pension funds to increase holdings of shares and bonds classified as green and to withdraw from owning fossil activities. “This risks reducing future...