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 in order to directly and immediately impact capital markets in line with Paris Agreement goals.
At COP26 in Glasgow, CIC supported the mobilisation and announcement of a collective commitment of US$130 billion to be invested in clean energy and climate solutions by 2030, made by 41 Nordic and UK pension funds. This was announced by all seven Nordic Heads of State and Government and CEOs of committing pension funds.
The Climate Investment Coalition measures impact through three indicators: Environmental, Economic and Societal.
The Climate Investment Coalition supports the mobilisation and deployment of vital climate capital around the world to reach 2030 climate targets and make finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.
Our committing asset owner members 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.
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, including with a focus on emerging markets and developing economies.
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.
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.