NordPav_2Nov_19 (2)_edited_edited.jpg

Climate Investment Coalition Creates Economic, Environmental and Societal Impact

The Climate Investment Coalition (CIC) has proven its ability to catalyse real investments for clean energy and climate solutions to create a direct and immediate impact on capital markets in line with Paris Agreement goals and making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.

Green City .jpg

At COP26 in Glasgow, the Climate Investment Coalition supported the mobilisation and announcement of a collective Nordic and UK pension fund commitment of US$130 billion, made by 41 pension funds. This was announced by all seven Nordic Heads of State and Government and CEOs of Nordic and UK pension funds. The commitments are to be invested in clean energy and climate solutions by 2030 and reported on annually.

The Climate Investment Coalition measures impact through three indicators: Environmental, Economic and Regulatory.

Environmental Impact

The Climate Investment Coalition supports the mobilisation and deployment of vital climate capital around the world to reach 2030 climate targets and support mitigation and adaptation efforts around the world.

Our committing institutional investors invest in clean energy and climate solutions around the world. More information on the types of investments and their locations can be found on the Best Practices page.

Economic Impact

The Climate Investment Coalition mobilises ready-to-invest commitments for climate solutions by 2030.  

In 2021, CIC raised an unparalleled total collective commitment from Nordic and UK pension funds of US$130 billion to be invested in clean energy and climate investments by 2030. It acts as a high-level platform for investors to mobilise and present key commitments, best practices and to build cross-sector partnerships that will facilitate accelerated climate investments.

Examples of CIC’s pension fund network’s investments can be found on the Best Practices page, showcasing the international impact on the environment and economy that these investments are having.

Societal Impact

Now in its third year, the CIC does precisely what is required for change in capital allocation at scale: it works with leading high-level public and private sector stakeholders in climate finance, public sector and project developers, to raise ready-to-invest, climate capital commitments.  In doing so, the CIC sends a clear signal that investments are ready to be made if the right framework conditions are in place. It creates public-private sector ambition loops that align with institutional incentives to improve enabling framework conditions and increase investor action to support climate investments.