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

Bank of Finland
Photo: Skorpion87/Wikimedia Commons

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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