Nest Backs Climate Innovation with £200 Million Investment Through IFM Alliance
Nest, a major pension scheme in the UK, has invested £200 million in climate technology through its partnership with IFM Investors. This funding backs businesses and infrastructure projects driving global decarbonisation, particularly within the UK. While the pension fund declined to disclose expected returns, this commitment aligns with its broader plan to invest £5 billion through IFM by 2030. The move highlights how large pension funds are increasingly financing sustainable innovations to support the global energy transition while securing members’ returns.
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