New York Common fund advised to make climate allocation to align with 2° future

Recommendations from high-level decarbonisation advisory panel

Thomas DiNapoli
Thomas DiNapoli

The $209bn (€185bn) New York State Common Retirement Fund should establish a new “climate solutions” allocation as a first step to “hedge against climate risk”, according to the recommendations of an expert panel released today.

The Decarbonization Advisory Panel, which is chair…

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