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Sue Surkes is The Times of Israel s environment reporter.
Israel is embarking on clean infrastructure projects such as the Tel Aviv-Jerusalem railway, pictured on December 22, 2019. (Yonatan Sindel/Flash90)
The Finance Ministry is pushing ahead with new regulations to encourage insurance, pension and provident funds to invest up to NIS 100 billion ($31.4 billion) in large-scale infrastructure projects in Israel NIS 20 billion ($6.3 billion) of it in environmental-friendly initiatives the annual Environment 2050 conference heard on Thursday.
This amount is out of a total of some NIS 3 trillion ($942.5 million) managed by these institutions, said Moshe Bareket, supervisor of the Capital Market, Insurance, and Savings Authority.