At 100 MW and producing at half-planned capacity — enough to supply some 104,000 households — Abengoa secured financing to complete the Extremadura Solar Complex, good news for Spain’s beleaguered solar and renewable energy industry. Set to be the largest concentrating solar power facility in Europe, the CSP facility in Extremadura will help Spain avoid carbon emissions and meet EU renewable energy targets.
Category: Investment & Markets
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New York-based startup Bombas Socks is poised to revolutionize the sock industry while spreading its message of pushing yourself to “Bee Better.” Startups like Bombas Socks, who can contribute to a flourishing future economically, socially and environmentally, are invited to enter the Sustainable Brands Innovation Open by Sunday September 29th.
At the NYC Climate Week Opening Ceremony, World Bank President Jim Yong Kim emphasized that action has been too small in responding to climate change and “what the world is looking for is a plan equal to the size of the challenge.”
There are thousands of global organizations, with tens of thousands of hard-working human beings, attempting to lift these 2.7 billion people out of poverty. But absent some notable success stories, the nonprofit sector has failed to solve the issue of poverty in a measurable, scalable way. We need big business to tackle the extraordinary challenge of ending poverty.
The rules for businesses raising money are changing, in a way that could connect millions of values-driven investors with social entrepreneurs. This could mean real change for our communities, cities, and rural areas.
Join us as we chat with Ben Pawsey next Wednesday. The open is a friendly competition between startups who, given the right support and exposure, can contribute to a flourishing future economically, socially and environmentally.
If President Obama was looking for data and proof that the oil sands extraction process would affect climate change, he needn’t have looked any further than Vancouver, BC, Canada, where last year, Canada’s preeminent policy think tank, Canadian Centre for Policy Alternatives (CCPA), published its own report detailing the potential effects of another Canadian oil sands endeavor, the Enbridge Northern Gateway Pipeline.
Do your investments have exposure to assets linked to fossil fuel extraction and power generation? The recent closure of several large fossil fuel-powered plants in Europe demonstrates the risk for CO2-emitting assets to become stranded in a carbon constrained world.
There is a global push to enforce disclosure when it comes to mining, oil and gas corporations that pay large sums to foreign governments for the right to mine in their countries. But getting laws enforced that will ensure transparency (and hopefully help regulate human rights and environmental abuses) is harder than it should be – even here in the U.S.
This week the government of Japan inked an agreement that will permit Japanese firms to earn carbon credits within the southeast Asian nation of Laos.
Can a cash infusion from China help save Detroit? Investors from China are keen on buying houses, but whether such spending could revive Detroit is questionable.
The European banks have drawn a line in the sand and are backing renewable energy investments. Why aren’t American banks doing the same?
Harvard Management Company, which manages the university’s endowment, announced that Jameela Pedicini will become its first vice president of sustainable investing. What does this appointment mean? Is Harvard getting closer to saying ‘Yes’ to the divestment campaign, or is it just a lip service gesture to the students?