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EMEA

New Climate Rules and Guidance for UK Pensions

Government plans to ease access to illiquid assets, but expects more robust stewardship.

UK pension schemes will be required to demonstrate alignment with the Paris Agreement from October, but will also be given greater flexibility to make climate-positive investments as well as new stewardship guidance, Work and Pensions Secretary Therese Coffey confirmed today. “We are giving schemes greater flexibility to invest in productive…

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