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...

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