CalPERS has announced that its investments in climate solutions had grown to $71 billion as of June 30, 2026. The new figure represents an increase of $11 billion since 2025 and $24 billion since the strategy initially launched in November 2023.
“The strong and steady growth means CalPERS remains on track to meet our goal of capitalizing on the transition to a low-carbon economy by investing $100 billion by 2030 in climate solutions as part of our Climate Action Plan,” said CalPERS CEO Marcie Frost. “CalPERS remains committed to finding opportunities in climate solutions to help power future generations and provide the pension benefits that our members have earned.”
The Climate Action Plan outlines a global strategy to generate strong performance on behalf of CalPERS members by investing in opportunities created by the ongoing shift to a low-carbon economy.
“Money from around the world continues to pour into the climate market, with $2.3 trillion inves
