Impacting the climate emergency this decade by mobilising global green investments to accelerate climate action and green economic recovery

Achievements

Groundbreaking announcement at the Climate Investment Summit

At the Climate Investment Summit 2020, Peter Kjærgaard, Head of Nykredit Wealth Management, Chairman of The Danish Investment Association announced an ambitious commitment to support private Danish citizens’ investments in the green transition, declaring that by 2030, C02 emissions from investment funds must be 75% below the emissions of the world equity index (MSCI ACWI) in 2020.

First year tracking of the Danish pension fund commitment towards USD50 billion in green investments by 2030

Insurance & Pension Denmark CEO, Kent Damsgaard reported that Danish pension funds have invested $8 billion in green projects since the 2019 Climate Action Summit in New York. This far exceeds earlier expectations and could lead to Danish pension funds reaching their $50 billion green investment target three years ahead of schedule.

The Nordic Prime Ministers back investment mobilisation from institutional investors in green recovery and climate action

Nordic Prime Ministers, at an N8 meeting in October, chaired by Danish Prime Minister Mette Frederiksen, announced their intent to encourage Nordic institutional investors to scale-up green finance and investments by 2030. Appearing at the meeting, Nordic pension fund CEO’salso announced their aim to mobilise collective commitments towards green investments by 2030.

USD 50 billion announced by Danish pension funds in Sept 2019 in New York

Danish pension funds pledge to invest more than $50 billion in green assets over the next decade to fight climate change, as part of Denmark’s ambition to reduce greenhouse gas emissions by 70% in 2030. 

Climate

Investment

Coalition

 Impacts the real economy by mobilising financial investments towards green projects globally by 2030

Pledge Tracker

Tracks the allocation & use of commitments to ensure their impact on the real economy

Climate

Investment

Summit

Influences the global climate finance agenda through best practice business models, enabling framework conditions & strategies for climate finance & investing  

Roadmap to 
COP26

A Roadmap of key digital events & milestones leading to COP26 in Glasgow and beyond 

Best Practice

Share & inspire successful models in green business, finance and policy to scale best practices globally

Happening in 2021

Climate Investment Coalition Event alongside London Climate Action Week

 

London, June/July 2021, TBD

Hybrid event in the margin of the London Climate Action Week. Click here and sign up for the Climate Investment Coalition newsletter and get the latest news about the upcoming event.

Climate Investment Summit

 

Copenhagen, TBD, 2021

 

An event that will connect high-level decision-makers to impact the global climate finance agenda. The Summit will mobilise green investments and share best practice in policy and finance. Sign up for the Climate Investment Coalition's newsletter to stay updated on the event.

Background

The Climate Investment Coalition builds on the successful work delivered at the 2019 UN Secretary-General’s Climate Action Summit. At the Summit Danish pension funds announced a commitment of USD 50 billion towards clean energy and climate-related investments, to be applied with the required framework conditions from 2020 to 2030.

 

This achievement was achieved through a public-private collaboration between the Government of Denmark, Insurance and Pension Denmark - and the Institutional Investors Group on Climate Change (IIGCC). This partnership will now continue with a clear focus on generating critical international climate investment commitments in the green transition and climate projects to positively impact the climate crisis and promote post-pandemic economic recoveries that ensure climate remains at the forefront of the global agenda and prioritises a just and green energy transition.

Climate Investment Coalition Event alongside Climate Week NYC

 

New York, September, 2021

Hybrid event in the margin of the Climate Week New York. Click here and sign up for the Climate Investment Coalition newsletter and get the latest news about the upcoming event. 

COP26

 

Glasgow, November 1-12, 2021

 

The Climate Investment Coalition will be presenting key financial and policy announcements, to support raising global climate ambition at a pivotal COP26.

Social Media Updates

Dan Jørgensen, Minister of Climate, Energy and Utilities in Denmark 

"The political response to the economic crisis caused by the COVID-19 pandemic must reap the synergies between job creation and climate action. Huge amounts of money will be mobilised to boost our economies, and we must seize that as an opportunity to tip the scales from black to green. Institutional investors will play a key role in making the recovery a green one"

Objectives

​The Climate Investment Coalition impacts the global climate agenda by mobilising critical financial commitments, connecting public and private stakeholders, and sharing best practice business models and framework conditions to spur global climate action and promote green economic regeneration strategies for a post-pandemic economic recovery. 

 

The Coalition is proactively mobilising significant global green investments to be invested in the next decade, supported by practical best practice models to ensure systemic impact towards global climate goals. 

Mobilise financial commitments to invest in climate project by 2030
Share and inspire successful models in green business, finance and policy to scale best practices globally
Track and monitor commitments to guide and motivate investors and governments in continuing committing towards green investments
Provide a strategic roadmap for announce-ments, initiatives, and strategic public-private partnerships
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"The Danish insurance and pension industry support the Paris Agreement to keep the global temperature rise this century well below 2 degrees Celcius, preferably 1.5 degrees. Institutional investors can play an important role in the green transition by financing green investments, given suitable framework conditions. Through the activities of the Climate Investment Coalition, the Danish pension industry will share its experiences in good green investment practices and framework conditions to promote the green transition internationally"

 

Deputy Chief Executive at Insurance & Pension Denmark, Jan V. Hansen 

 

Climate Investment Coalition Secretariat
info@climateinvestmentcoalition.org

The Climate Investment Summit is organised by the Climate Investment Coalition founded by The Danish Government, Institutional 

Investors Group on Climate Change (IIGCC), Insurance & Pension Denmark and World Climate Foundation.