CleanTechnica•about 1 month ago
Sierra Club Urges CalPERS to Better Define What the Pension Considers ‘Climate Solutions’ Investments
- •CalPERS, a significant institutional investor, is being pressed by the Sierra Club to provide a clearer definition of what constitutes a 'climate solution' for its investment portfolio.
- •This advocacy could influence the types of renewable energy and decarbonization projects that qualify for major institutional funding, impacting capital availability for developers and IPPs.
- •A more stringent or specific definition of 'climate solutions' by CalPERS may redirect substantial capital towards particular technologies or project types, affecting market development and project financing costs.
financing