As President Donald Trump puts together his fossil fuel-focused administration, the investment community is moving full speed in the opposite direction. They are placing their bets on emissions reductions and support for clean energy. The scope of global fossil fuel divestment has doubled over the past 15 months, with institutions and individuals controlling $5.197 trillion in […]
Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process has started, we are most likely going to see many more steps in this direction in 2017. Global debt levels […]
Following suit with Poland, France has become the second country to start issuing Green Bonds. The French government seeks to make Paris a center for financing environmentally friendly projects. As host of the 2015 Paris Agreement to combat global warming, France’s government had hoped to be the first sovereign borrower to venture into the fast-growing […]
Universal basic income is defined as “a form of social security in which all citizens or residents of a country regularly receive an unconditional sum of money, either from a government or some other public institution, in addition to any income received from elsewhere.” The staggering truth is that currently, 1 in 10 dollars of income […]
CNN has recently created an interactive, and very disturbing, look at the startling reality that the extinction of most species of animals is approaching much faster than most people realize. Human beings are completely to blame and this is the first time in the know history of planet earth that this is the case. Clean […]
Smog levels in the northern industrial region of China have reached epidemic proportions. Residents of China’s capital were wearing face masks and using air purifiers to try to avoid heavy pollution blanketing the city. Other residents are giving up the fight and joining a rush to become “smog refugees”. By the calculations of Greenpeace East Asia, […]
Even though the incoming United States presidential administration does not consider climate change a priority, green bonds are still being issued. Green bonds, created to finance projects with a positive environmental or climate benefit, have been growing in popularity over recent years. Money managers recognize the limitations of the green bonds market, although it has been […]
Morgan Stanley has recently released a report that details the recent growth in the global Green Bond market. Green bonds suddenly have a whole new reason for being. What was in 2013 a $9 billion niche market of bond offerings tied to environmental projects has this year surged to $72 billion of issuance in the 11 […]
Recently Sustainable Brands shared the news that the Interfaith Center on Corporate Responsibility has sent letters to over 100 publicly held companies. The purpose of the letter was to encourage them to make good on statements that they would adopt science-based goals within the next two years. The Interfaith Center on Corporate Responsibility is a coalition of faith […]