IBM’s signing on as a member of EcoGrid EU, a consortium of companies that is planning a European Union (EU) smart grid that will source at least 50% of its electrical power from renewable sources, such as wind, solar and biogas. Smart grids are central elements in making the transition from fossil fuel-based to clean, renewable energy systems. It will take massive investments in electrical power infrastructure and may take a decade or more to make the transition worldwide. The EcoGrid EU project is likely to speed up the process substantially.
Investment & Markets
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Philippe Cousteau, grandson of famed oceanographer Jacques Cousteau, aimed to accomplish two goals when he spoke at SXSW Eco last week. First, he came to talk about environmental conservationism with a receptive audience. Second, he came to announce two new endeavors, a conscious investment fund, and a grant-making foundation. Cousteau’s polished speech hit all the … Continued
The Occupy Wall Street movement has grown exponentially over the past week. What began as a movement targeting Wall Street has turned into something larger than just economic circumstances, but encompassing social and environmental concerns. Let’s take a systems thinking look at just blaming Wall Street, and why Wall Street is only a symptom of the … Continued
If you ask most people whether they value the lives of future generations, they will say “yes.” If you ask many economists, they’ll likely say, “that depends on people’s willingness to pay.”
Nike is no stranger to green innovation. From creating the Nike Trash Talk, the first performance basketball shoe made from manufacturing waste to working with GreenXchange, a platform for the sharing of patents. Stimulating intellectual capital and property, to spurring innovation and sustainability, Nike seems to be experiencing many shapes and forms of green innovation. Now … Continued
Slavery Footprint is a website, launched last week, which calculates how much slave labor is used to produce the common products in our lives. The launch of the site, which is a creation of the California-based Fair Trade Fund and the State Department’s Office to Monitor and Combat Trafficking in Persons, coincided with the 149th … Continued
One of the biggest problems with casual carpooling is that in most cases you really don’t know who you’ll be riding with. It can be a great person and the beginning of wonderful friendship (hey, that’s how Harry met Sally!), but you might also find yourself riding eight hours with some weirdo making it your … Continued
National Solar Power will invest $1.5 billion to build the Southeast’s largest solar power farm, a 400MW solar power farm in Florida’s Gadsden County capable of supplying clean, renewable power to some 32,000 homes. Around 400 construction phase and 120 permanent jobs are expected to be created.
When the earthquake hit Japan this year, a $50k grant was given to International Medical Corporation in a matter of days to buy satellite phones to help with rescue communication. The grant came through Foundation Source , the nation’s largest foundation management platform, with over $4 billion in managed assets. Over $3 million dollars are … Continued
WWF has joined the Global Canopy Program and the Climate Bonds Initiative in calling on governments help foster growth of a forest conservation bond market. Thirty billion dollars a year invested in forest conservation bonds would cut deforestation rates in half, thereby assuring that the world’s forests will continue to function as sinks that soak up carbon dioxide from the atmosphere, they assert.
The Hawaii Venture Capital Association met last week to discuss impact investing in the state. As a newcomer to the group, I was curious to see what all these traditional investors thought about the relatively new field of impact investing and sustainability. Bill Spencer, HVCA President led the discussion by hitting on many local issues … Continued
The 2011 Annual Meeting of the World Bank and IMF is underway in Washington D.C. At Thursday’s opening press conference, President Robert Zoellick made some remarks which seem to corroborate the Guardian’s recent report of leaked World Bank draft report entitles “Mobilizing Climate Finance.” The report urges rich countries to eliminate $50B a year in … Continued
For all the talk of emerging renewable energy technology, there has thus far been precious little movement in most of the world in terms of people getting their power directly from renewable energy sources. Options like PGE’s Green Source, and Bullfrog Power are good, but they are both indirect routes to greater renewable energy inclusion. Energy … Continued
In western Wales, a small town charmingly called Cardigan with a population of 4000 once churned out 35,000 pairs of jeans every week for 30 years. Before the days of outsourcing, the last existing denim factory in Britain crafted the world’s finest dungarees. With the closure of the last denim factory in Britain, these craftsmen … Continued
As generous as human beings are, an investment instrument will almost certainly bring more dollars than philanthropy. Can we direct this flow of capital for good? This year’s marquee sponsor for SOCAP is turning philanthropy on its head by providing impact investment options to the everyday investor. Instead of giving, users of Mircoplace can invest, … Continued