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Canada’s Pension Funds: Who’s Leading and Lagging on Climate Commitments?

21st February, 2025

Canada’s largest pension funds are stepping up their climate commitments, but progress remains uneven.

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Orennia is the Latest Target in Temasek and Blackrock's US$1.4bn Net-Zero Fund

23rd January, 2025

This week’s US$69 million Series C funding for Orennia Inc. has put the Calgary-based data analytics powerhouse at the forefront of the global decarbonization movement.

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Canadian Pension Funds Under Fire: Is "Greening" Gas a Real Solution?

16th January, 2025

Canadian pension funds are facing fierce criticism over their billion-dollar stakes in global gas infrastructure, with climate advocates like Shift: Action for Pension Wealth labeling these investments as high-risk and out of step with the accelerating energy transition.

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GIC Pushes Further Into Smart Meter Sector, Aiding Energy Transition

2nd December, 2024

Institutional investors are looking at a range of businesses exposed to energy transition, beyond simply investing in renewables and divesting from fossil fuels to “green” their portfolios - and metering solutions form a growing part of boosting operational performance and energy efficiency in the power sector.

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Saudi's PIF has Plenty of Dry Powder for Green Investments

15th October, 2024

Saudi Arabia’s Public Investment Fund has spent US$5.2 billion – or 61% - of the US$8.5 billion it raised in green bonds it raised in 2022-23, which is a sharp increase from US$1.3 billion in June 2023.

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CDPQ's September Surge into Energy Transition

24th September, 2024

CDPQ is heavily investing in decarbonization and clean energy with a slew of investments announced this month as it strives towards its target of a net zero portfolio by 2050.

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CDPQ, GIC and Temasek Join ADQ-Backed Altérra in Support of Brookfield's US$5bn CTF

23rd September, 2024

Singapore’s state-owned investors GIC and Temasek have joined Canadian public pension fund CDPQ and institutional investors to back Brookfield’s Catalytic Transition Fund (CTF), putting it nearly halfway to its US$5 billion fundraising target.

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Norway's NBIM Boosts Renewables with US$1bn Injection

26th August, 2024

Norway’s US$1.7 trillion sovereign wealth fund signalled a departure from its strategy of direct investment in renewable energy with a EUR900 million allocation to the fifth fund launched by Copenhagen Infrastructure Partners (CI V).

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Malaysia’s Bold Green Growth Ambitions Backed by KWAP, EPF and Khazanah

22nd August, 2024

Prime Minister Anwar Ibrahim has bold visions for his country, set out in a slew of policies under the Madani Economy Framework, which was launched in July 2023, as well as the National Energy Transition Roadmap (NETR), which aims to reduce greenhouse gas emissions by up to 45% by 2030 and achieve net zero by 2050.

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CPP Continues Decarbonization Drive with Two Fresh Investments

13th August, 2024

Canada’s biggest public pension fund, the US$67 billion CPP Investments, has boosted its investment in sustainable energy with a US$843 million investment in Denver-based Tallgrass Energy, in partnership with Blackstone, as part of its ongoing decarbonization strategy.

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UK Repurposes State Investors for US$9bn National Wealth Fund

10th July, 2024

The UK’s new Labour administration is set to hit the ground running with its new GBP7.3 billion (US$9.3 billion) National Wealth Fund (NWF) by utilizing existing governance structures and capital to start immediate investment in “green” infrastructure.

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Saudi Arabia's Hassana Backs the Rise of Climate Funds

16th May, 2024

TPG Rise Climate vehicle has won another state-owned investor for its carbon-cutting mission with the US$320 billion Saudi public pension fund manager Hassana – part of the General Organization for Social Insurance (GOSI) – making forming a US$1.5 billion partnership, including a “substantial anchor commitment” to the new Transition Infrastructure fund and an allocation to the TPG Rise Climate II fund.

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