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Phoenix Group and Make My Money Matter have said the UK pensions industry should "quadruple" its investment in UK climate solutions by 2035
The pensions industry could invest up to £1.2trn in UK climate solutions - half of what is needed to deliver net zero by 2050 - with the “right reforms”, research from Phoenix Group and Make My Money Matter (MMMM) has found.
The research, which sourced data from interviews with pension providers, the government, and other providers, found the industry has invested 4% (£0.1trn) of its assets in UK climate solutions, and...
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