Sierra Club Welcomes CalPERS’ $71 Billion Climate-Solutions Investment Milestone, Urges Fund to End Financing of Fossil Fuel Expansion

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CalPERS reported that its climate-solutions investments reached $71 billion as of June 30, 2026, up from $59.7 billion a year earlier. Sierra Club welcomed the increase but urged the pension fund to stop financing fossil-fuel expansion.

SACRAMENTO, CA — On Monday, the California Public Employees’ Retirement System (CalPERS) reported that the value of investments it classifies as climate solutions reached $71 billion as of June 30, 2026, up from $59.7 billion a year earlier. The increase brings the nation’s largest public pension fund closer to its ... [continued] The post Sierra Club Welcomes CalPERS’ $71 Billion Climate-Solutions Investment Milestone, Urges Fund to End Financing of Fossil Fuel Expansion appeared first on CleanTechnica.