Unlocking State Power: How Public Pension Funds Can Drive In-State Climate Investment

State pension funds have the capital to secure retirements while strengthening local economies and advancing climate resilience, yet many U.S. funds underinvest in opportunities within their own states. Drawing from Unlocking State Power: Overcoming Barriers to In-State Climate Investment for Pension Funds, this blog explains how governance gaps, rigid asset frameworks, and cultural inertia—not a lack of viable projects—are the real barriers.