It was a busy week for funds to pledge new environmental goals.

Carbon emissions dominated the headlines this week.

The European Commission has announced an ambitious plan to shift toward a green economy and make the EU carbon-neutral in the year ahead. The plan will cost at least one trillion euros over the next decade, require 25% of the EU budget, and involve a mix of private and public funds. EU chief Ursula von der Leyen called the project unprecedented.

The news coincides with a number of pledges by new and existing funds over climate strategies. Let’s look at a few.

Carbon emissions and fund managers

Janus Henderson Group announced that its British property fund will be net-zero carbon by 2030. The $2.6 billion fund invests in commercial real estate. To reach its targets, it will align with energy consumption targets set by the U.K. Green Building Council. These targets will happen with all properties that it has owned for more than three years.

Next up, Microsoft announced plans to create a $1 billion  “climate innovation fund.” This new fund will provide capital to new and existing technologies that focus on reducing carbon emissions. In addition, the firm’s President Brad Smith said that the larger goal is to make Microsoft  “carbon negative.”

Finally, the week wouldn’t be complete without again mentioning the world’s largest asset manager.

BlackRock’s Larry Fink pledged to take a more proactive approach at the alternative assets management giant. The news received cheers from ValueAct, but it wasn’t the only pledge to emerge on the ESG front this week. Let’s take a look at several funds set to launch and existing funds that pledge to emit fewer emissions.