UK and Nordic funds commit $130bn to climate investment

The pension funds will also report annually on the progress of their climate investments

Holly Roach
clock • 1 min read
The Climate Investment Coalition welcomed the collective financial commitment
Image:

The Climate Investment Coalition welcomed the collective financial commitment

Nest and the Environment Agency Pension Fund are among a consortium of UK funds which have joined with Nordic funds to collectively commit $130bn (£95.4bn) to clean energy and climate investments by 2030.

Asset owners from the UK, Sweden, Norway, Finland, Denmark, and Iceland made the commitment at COP26 - which is currently taking place in Glasgow - in an aim to increase the global uptake of climat...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Asset-backed finance solutions investment manager formally launched

Asset-backed finance solutions investment manager formally launched

Evermill Capital will look to deliver tailored asset-backed financing solutions

Martin Richmond
clock 05 December 2024 • 1 min read
Solving the housing crisis – finding opportunities in 'ignored' cities and towns

Solving the housing crisis – finding opportunities in 'ignored' cities and towns

Underinvested locations are signalling a chronic disparity in supply and demand

Tim Munn
clock 03 December 2024 • 4 min read
The case for pension scheme investment in Bitcoin

The case for pension scheme investment in Bitcoin

A Cartwright-advised scheme has allocated 3% of its assets to Bitcoin… Sam Roberts explains why this move makes sense

Sam Roberts
clock 03 December 2024 • 7 min read
Trustpilot