Bank of Finland targets 2050 carbon neutrality for investments
Greening FX reserves will only be possible if countries meet their Paris climate goal, central bank says
The Bank of Finland has launched a plan to make its investment portfolio carbon neutral by 2050 “at the latest”.
The central bank is in the process of drawing up a “climate roadmap and intermediate targets”, which will be published in due course, it said in a statement on September 14. It has also created a fourth objective for its investments – “responsibility” – on top of the existing liquidity, safety and return requirements.
“The Bank of Finland is involved in combating climate change,”
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