US$130 billion
announced at COP26 in commitments to invest in climate by 2030

COP26 Announcement, from left to right: Bárður á Steig Nielsen, Prime Minister of the Faroe Islands; Sauli Niinistö, President of Finland; Stefan Löfven, Former Prime Minister of Sweden; Katrín Jakobsdóttir, Prime Minister of Iceland; Mute B Egede, Premier of Greenland; Mette Frederiksen, Prime Minister of Denmark; Jonas Gahr Støre, Prime Minister of Norway

In 2021, the Climate Investment Coalition convened leading institutional investors, governments and other stakeholders in climate finance to help mobilise a total collective commitment of US$130 billion from Nordic and UK pension funds, to be invested in clean energy and climate investments by 2030. As part of this commitment, pension funds will also report annually on the progress of their climate investments. Nordic Heads of Government and State were present at the announcement of US$130 billion climate commitments by 2030 at COP26.

Commitments for Climate Investment by 2030

SoMe_twitter_CIC_CommitmentGraphic (2).jpg

2019: US$55 billion commitment to green investments in clean energy made by Danish pension funds, to be invested by 2030 and reported on annually

2021: US$130 billion collective commitment announced at COP26 from pension funds in Denmark, Norway, Sweden, Finland, Iceland, the Faroe Islands and the UK to be invested by 2030 and reported on annually

2022: Continued outreach and commitments for climate investments by 2030 from UK, EU, US and other

Nordic Heads of Government and State present at the announcement of
US$130 billion climate commitments by 2030 at COP26

Key focus areas in 2022

Investment Roadmap to COP27

Engage with governments, investors, business and civil society to mobilise climate finance and solutions in green investments to reach 2030 climate targets and support the net-zero transition.

Mobilise & Report on Climate Investments Globally

Implement Best Practice Business Models for Climate Investments

Create Cross-Sector Investment Partnerships  through Stakeholder Convening

Green Investments in Emerging Markets & Developing Economies


In 2020, the Climate Investment Coalition engaged with Nordic, European and UK governments and institutional investors to increase green investments to achieve the net-zero transition. A process to mobilise commitments in the Nordics was launched in October 2020 together with Nordic pension fund CEOs at a Prime Minister’s meeting (N8) where Nordic leaders also announced their intent to encourage Nordic institutional investors to scale-up green finance and investments towards 2030.


The Climate Investment Coalition was established on the back of Danish pension funds’ 2019 conditional commitment of USD 55 billion towards clean energy and climate-related investments by 2030, announced at the UN Secretary General’s Climate Action Summit, by the Government of Denmark; Insurance and Pension Denmark; the Institutional Investors Group on Climate Change (IIGCC) and World Climate Foundation. 

Social Media Updates

Sign up to the Climate Investment Coalition's newsletter to stay updated on our events.