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Folksam Group invests SEK 1 billion to develop agriculture and reduce food shortages in the world’s poorer countries

Pension savers and policyholders of Swedish ICMIF member Folksam are investing approximately SEK 1 billion (USD 100 million) in the UN agency International Fund for Agricultural Development (IFAD) first-ever bond. The investment, where the Folksam Group is the only financier, will help reduce food shortages and increase growth in the world’s poorer countries; whilst also helping small-scale farmers adapt to climate change.