The long-awaited IPCC Summary Report on Climate Change emerged amid a flurry of media coverage and a volley of commentary, both pro and cont. Its main conclusions were clear, however: climate change is real, its effects are already measurable, and it is being caused by human activity. What does the report means for impact investing?
Category: Policy & Government
The Capitol Hill standoff between President Obama and House Republicans may be over (for now), but more than 165,000 businesses say the budget deal reached by Congress last week does not go far enough to address the underlying economic problems afflicting the nation. The American Sustainable Business Council (ASBC) has called for policymakers to stop imposing austerity and begin making strategic investments to foster a sustainable economy.
Last week over 150 American companies signed a letter calling President Obama to approve the construction of the Keystone XL pipeline. In addition to the usual suspects (aka oil and gas companies), you can find there companies like GE, AT&T, PwC, Siemens, KPMG and Waste Management, which are among the leaders in the business community when it comes to sustainability, and frankly you would expect them to make the case against the pipeline, not lobby for its approval.
In 2013, the Austin Chamber was recognized as the top cleantech chamber in the nation by Chambers for Innovation and Clean Energy (CICE) for its work in shaping Austin into a nucleus for the industry.
A report just out by the UC Berkeley Labor Center says that low-paying fast food jobs cost taxpayers $7 billion a year in benefit programs designed to support low-income families. Programs like Medicaid, SSI and food stamps are lifelines for workers who aren’t being paid enough to feed and clothe their families.
Home to some of the world’s fastest growing economies and populations, an energy forecast for Southeast Asia bode ill for efforts to curtail fossil fuel emissions. Coal-fired power generation is projected to account from nearly 60% of new power generation among ASEAN countries while dependence on imported oil will double as the regional economy triples and population grows 25% to 2035, according to an IEA rep.
As much as business leaders operate outside the policy sphere, here are three issues that need your attention today. The debt ceiling is only one of ’em.
Social unrest and greater scrutiny of former President Lula’s legacy mean all bets are off as far as the future of Brazil in concerned, says Jonathon Porritt, Founder-Director of Forum for the Future.
New research from think tank Demos has found that the current contracting practices from the federal government pays top corporate executives nearly $24 billion per year. The organization postulates that if these contracting policies were reformed to limit the taxpayer contribution to executive pay at the salary of the U.S. Vice President ($230,700), then full-time workers could potentially receive an annual pay increase of nearly $14,000, with no additional cost to taxpayers.
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.”