Phoenix Group Holdings PLC has released research findings that suggest UK pension funds have the potential to finance up to £1.2 trillion of investments aimed at addressing climate change. The research highlights the significant role that pension funds can play in funding sustainable initiatives and transitioning to a low-carbon economy. The findings indicate that pension funds have the capacity to make a substantial impact in tackling climate change by directing their investments towards renewable energy, green infrastructure, and other environmentally friendly projects. The research underscores the importance of mobilizing pension fund assets to support the global transition to a more sustainable future.