The UK Good Deals conference kicked off with more warnings than aspirations for the future of social impact investment. A panel made up of banks and charitable trusts expressed the need for metrics and a new multiplicative understanding of a social asset class– all big asks that hinge on behavioural change. One of the most … Continued
Category: Policy & Government
By Amanda Crater Home to the many of the nation’s largest cleantech projects, California is a hotbed of “greenovation.” More money is being invested in alternative energy start-ups in California than anywhere else in the world. In fact, the Los Angeles Times reported last month that more than 40 percent of all clean-tech venture capital funding … Continued
Our social systems are growing more complex, and the problems they face … like poverty, poor health, crime, and economic development … have more and more moving parts.
By: Brendan Rigby “The microlending movement that was supposed to help lift millions of people in India out of poverty has in recent weeks fallen into chaos.” This was the lead for the Wall Street Journal’s feature article on the current microfinance crisis in India. The article goes on to shine a rather critical light … Continued
The biggest hurdle to microfinance sustainability might not be its financial viability, but social acceptance. In reaction to local regulation changes, thousands of micro-debt holders in India recently stopped making loan payments even though they have the money to pay. Microfiance, an industry with a history of overcoming criticism and obstacles in offering small loans … Continued
In his 2010 State of the Union Address, President Obama predicted: “The nation that leads the clean energy economy will be the nation that leads the global economy.” The good news is that the number of patent filings in the US Patent Office shows that America is pushing hard to lead the global race toward … Continued
Two propositions appeared on the ballot which could gut California’s Global Warming Solutions Act or AB 32. Proposition 23 would have suspended AB 32 until the unemployment rate stayed at 5.5 percent for one year. Fortunately, 61.4 percent of Californians voted against Proposition 23. Governor Arnold Schwarzenegger said of Proposition 23’s defeat, “This was a … Continued
In a way, saying that we should continue to use coal instead of solar because of the cost of installing solar is too high is not that different than saying we should take showers using bottled water because the cost of installing indoor plumbing is too high.
CDP points out that the world’s population is becoming even more and more urban. Cities only occupy about 2% of the world’s land, but house half of its population. Despite the contributions of agriculture to pollution and climate change, the CDP-Accenture report maintains that cities could contribute up to 80% of the globe’s total emissions. The effects are numerous: many of these cities are in coastal areas, making them vulnerable to rising oceans. Health issues are numerous, especially on children and the elderly. Tourism and the local business climate could be affected as well. Not all is lost, however.
By now if you know anything about California’s ballot initiative Proposition 23 then you are familiar with the Texas oil company Valero. Besides being the largest donor to the pro-Proposition 23 campaign, Valero has ties to the tar sands in Alberta, BC, Canada. The Texas oil company owns several Alberta area refineries. Bill Day, Valero … Continued
With the election of 2010 imminent, all eyes that are looking hopefully in the direction of a sustainable future are turned towards California, where two key propositions are providing the opportunity for Golden State voters to show, once again that when it comes to protecting the environment, California is the conscience of the country, if … Continued
Artists from across California urge voters to reject Proposition 23 and 26 By C. C. Song, The Greenlining Institute The artists at Beatrock Music didn’t become musicians only because they love music—they also believe in hip hop’s power to inspire and motivate young people and people in their own communities. That’s why they all came … Continued
Passage of this proposition would effectively repeal the landmark Clean Energy Law, AB32. In anticipation of AB32 being implemented, the group has seen a boom of clean energy technology businesses that has created more than 500,000 new jobs and $9.1 billion in private equity investments to our state. In fact, clean technology jobs are growing at a rate 10 times the average of other industries.
The Net Impact Conference 2010 at Ann Arbor, Michigan, officially begins this afternoon. But if you are flying into Detroit Metro Airport en-route to the conference, you may be in for a unofficial greeting of this years theme “a vision for a sustainable decade.” You will see renewable energy in action.
Looking at the donations given in support of Proposition 23 is interesting. The top donor is a Texas-based oil company, Valero, which gave a total of $5,075,315. Last week, Valero gave $1 million, according to Maplight.org figures. The second largest donor is Tesoro, another Texas-based oil company, which gave a total of $2,040,637. Last week … Continued