Further evidence of Scandinavian investor climate activism

I get a weekly email from Bloomberg (BNEF) with their take on the important news in the clean & green sector.  In this week’s email they covered a story on a large biomass power station in the UK – see below. Macquarie Group reached financial close on the GBP 900m ($1.2bn) biomass power plant, located […]

Clean energy technology investors need fresh support after VC losses

Two months ago I attended a Darden Business School function at the Stockholm School of Economics.  I asked the Chairwoman of the Swedish Venture Capital Association, Elisabeth Thand Ringqvist, who was a panelist, which Swedish VCs were investing in cleantech.  Her simple answer was none.  Given that the Swedish government wants to develop its economy to be a […]

Sweden announces the end of fossil-fuel usage: Did anyone notice?

In July I wrote this article about “Miljömålsberedningen” for Mundus International.  Miljömålsberedningen, or the Swedish Riksdag’s Cross-Party Environmental Goals Committee had presented its final report – a 762 page roadmap to make Sweden the first fossil-fuel free welfare state.  The headline that Sweden was going fossil-free was actually announced some months earlier, but the roadmap […]

Scandinavian Asset Managers continue to lead world in low carbon investment

Yet another Scandinavian Asset Manager had taken a large step forward on the path to low carbon investment.  This time, it was AP4’s turn. AP4 is one of the 5 Swedish public pension funds, meaning that a very large percentage of Swedes have an exposure to it.  AP4 has SEK 312 billion (around USD40 billion) of […]