NJ Makes $200 Million Investment in Climate Future

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Pension fund to buy into group dedicated to ‘positive environmental impact.’ Some enviros wanted complete divestment from fossil fuels

JOHN REITMEYER / NJ SPOTLIGHT NEWS – While it’s not the divestment from fossil fuels that environmentalists have been seeking, New Jersey’s public-worker pension fund is looking to make a major investment in companies working to blunt climate change.

Members of the New Jersey State Investment Council on Wednesday reviewed a plan to invest up to $200 million in a California-based private-equity fund called TPG Rise Climate …

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The New Jersey Climate Change Resource Center helps address climate change issues in New Jersey from emissions reduction to building adaptation and resilience by providing actionable science, planning tools, technical guidance, and support to policymakers, practitioners, and communities.

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NJ CLIMATE CHANGE RESOURCE CENTER
Jeanne Herb, Co-Director
Phone: 848-932-2725
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Marjorie Kaplan, Co-Director
Phone: 848-932-5739
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