Sweden’s AP7 pension fund has publicly criticized the US administration’s proposal to roll back key environmental regulations established during President Biden’s term. Emphasizing the long-term risks of climate change to global financial markets, AP7 underscored the importance of maintaining stringent climate policies to protect investments and ensure sustainable returns for pension holders. The fund’s stance highlights growing international concern over the potential environmental and economic fallout if the rollback proceeds, positioning AP7 as a leading voice among global investors advocating for climate accountability.

The fund’s statement also noted the broader impact such regulatory changes could have on international cooperation efforts aimed at achieving net-zero emissions. AP7 stressed that weakening…