public policy

It is an area of financial innovation often cited as key to mobilising climate capital, but investors at Climate Week expressed mixed opinions about blended finance.

Investors such as PensionDanmark and PGGM are reappraising the risk-return on offer in emerging markets, according to discussions at Climate Week NYC.

The Bureau of Asset Management is expected to propose $5bn in potential investments as NYCERS, TRS and BERS move towards a $37.8bn climate goal by 2035.

Blended finance kept up a steady fundraising pace in the first half of 2026, but backers say the market has not solved the incentive issues that hold it back from gaining scale.

A countdown of our most popular podcasts in the first half of 2026.

The White House is reviewing a rule that bars retirement plans from weighing 'social causes' in investment decisions. Sources hope for a balanced approach, but fear the new rule may have a chilling effect on private markets.

Energy security and cost competitiveness, rather than climate policy, are now driving growth in clean energy, write Laura Tyson of the Haas School of Business and Daniel Weiss of Angeleno Group.

This year, US Independence Day coincided with the sunsetting of renewable energy tax credits. Many in the market are happy to see them gone.

The Toronto-based impact investment firm aims to raise $36m for the new evergreen vehicle, including $11m by the end of the year, says portfolio manager Karolina Iaydjieva.

New York City's public pension systems have joined EDCI and reiterated deadlines for private markets managers to comply with net zero commitments. Now they plan to work on reducing Scope 3 emissions.