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CPPIB plans to increase green investment on way to net-zero by 2050

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Canada Pension Plan Investment Board said on Thursday it planned to almost double its investment in green and transition assets to C$130 billion by 2030 as part of efforts to decarbonise its investment portfolio.

The investor, which manages around C$554.

4 billion in assets on behalf of 20 million people, said it was also committing to reach net-zero greenhouse gas emissions across its portfolio by mid-century.Reporting by Simon Jessop, editing by Huw JonesSubscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

 

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What experiences will it take for investors & banks to understand 2050 is a ridiculously long target for full decarbonization? Go for 2030.

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