Green Investment Fund targets will depend on portfolio – Treasury

Fri, 21 Jun 2019

By Paul McBeth June 21 (BusinessDesk) - The government’s $100 million Green Investment Fund isn’t targeting an overall rate of return, but will instead weigh up each investment on an individual basis. Treasury deputy secretary Struan Little told Parliament’s finance and expenditure select committee on Wednesday that the department had supported the government’s plan to get the fund up and running, and that it was now incorporated as a company. He said he wasn’t aware of any work being done on returns, or an acceptable discount, given t...

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