Denmark will establish a nearly $1 billion green fund to attract private capital to reducing energy consumption and fund renewable energy projects.
The new green energy fund is the result of a new deal in the Danish parliament, and will provide loans to companies and organizations seeking to invest in energy efficiency in Denmark. This means that businesses located in Denmark can apply for state guaranteed loans and financing of green projects, e.g. investing in lowering energy consumption and higher energy efficiency.
The fund will initially provide 2 billion kroner ($365 million) in government guarantees, with the financing mainly coming from pension funds.

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