World Bank aims to structure joint climate change products with pension funds

Bank examines asset allocation with pension funds to find appropriate products.

World Bank headquarters, Washington D.C.
World Bank headquarters, Washington D.C.

The World Bank is in discussion with a group of the world’s biggest public sector pension funds about ways to structure joint investment products that could channel billions of dollars into the fight against climate change.
Kenneth Lay, vice president and treasurer of the World B…

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