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Climate change: why Sweden's central bank dumped Australian bonds

  • Written by John Hawkins, Assistant professor, University of Canberra
Climate change: why Sweden's central bank dumped Australian bondsSweden's central bank ways it will no longer invest in assets from governments with large climate footprints, even if the yields were high.Shutterstock

What’s happening?

Suddenly, at the level of central banks, Australia is regarded as an investment risk.

On Wednesday Martin Flodén, the deputy governor of Sweden’s central bank,...

Read more: Climate change: why Sweden's central bank dumped Australian bonds