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

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