Nick Herbert is a writer and editor with over 30 years of experience covering the global capital markets, and is a former publisher and Asia bureau chief of Thomson Reuters’ IFR.
Norway’s local government financing agency, Kommunalbanken, is helping reduce the country’s heavy economic reliance on fossil fuels through its long-standing and fast-growing green lending programme.
The Finnish bank has set itself new sustainability targets. But it faces tricky decisions if it is to realise them, given its exposure to the key Nordic industries of shipping and fossil fuels.
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