SACRAMENTO, Calif. (November 9, 2026) – CalPERS announced Monday that its investments in climate solutions had grown to reach $71 billion as of June 30, 2026. The new figure represents an increase of $11 billion since last year, and $24 billion since the strategy initially launched in November of 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 Chief Executive Officer 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.”
Read the full news release.