ICYMI - Sweden’s central bank has sold some bonds from Australia, Canada due to climate concerns

Author: Eamonn Sheridan | Category: News

This news is from last week, just posting as a catch up ICYMI (and are on the hunt for bargains :-D ) 

Sweden's central bank, Riksbank has pulled back on assets from issuers with a large climate footprint.
  • Comments from Riksbank deputy governor Martin Floden (last week):
  • Australia and Canada are countries that are not known for good climate work
  • Greenhouse gas emissions per capita are among the highest in the world
  • As a result of the new investment policy, we sold our holdings of bonds issued by Alberta in the spring.
  • For the same reason, we have recently sold our holdings in bonds issued by the Australian States of Queensland and Western Australia




ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose