Folksamgruppen, which includes KPA Pension, has earmarked an additional SEK 100m when the UN agency International Fund for Agricultural Development (IFAD) issues a new bond.

Of this amount, KPA Pension's share is SEK 40m; Folksamgruppen has invested a total of SEK 1.1bn in the project, to date.

The International Fund for Agricultural Development (IFAD) issued its first ever bond in June 2022. Folksamgruppen then invested SEK 1bn as the sole financier. The investment has contributed to reducing food shortages and increasing growth in the world's poorer countries.

“The need for investments in agriculture is great. Helping small-scale farmers adapt to climate change and contribute to reducing food shortages in the world is more relevant than ever. At the same time we create a good return for our customers. It is also exciting to be involved in opening a new market, which we contributed to through the first investment,” KPA Pension CEO, Camilla Larsson, said.

The bond enables small-scale farmers to more easily adapt to climate change, gain access to different supply chains and new markets, as well as produce more diversified food and develop rural infrastructure.

---