As citizens and world leaders converge on New York City seeking a way to address climate change, across the U.S. tens of millions are also out of work. At first glance jobs and climate seem to be distinct policy questions, but they are in fact deeply intertwined.
Policy & Government
A catch all category for government, politics and initiatives to influence either.
The San Francisco taxi industry is on the verge of being dethroned by Transportation Network Companies (TNCs) such as Lyft and Uber. Last week, the San Francisco Municipal Transportation Agency (SFMTA) reported that the average trips per taxicab in the city had declined from 1,424 a month in March 2012 to only 504 as of July 2014 — a nearly 65 percent reduction.
The Confronting Climate Change is Good Economics plenary session presented at the Clinton Global Initiative (CGI) Annual Meeting this week, drew consensus among notable panelists that spoke to the changing values of companies and cities as it relates to planning effectively to leverage solutions that bridge both capital and climate change alleviation.
Not only would CO2 emissions plummet, but over 1.4 million early deaths avoided and $1 trillion saved by expanding public transportation, biking and walking, according to a first-of-its-kind study from the Institute of Transportation and Development and UC Davis.
Managing over $24 trillion in assets, IIGCC, which counts BlackRock and Calpers among its membership — is calling for definitive carbon pricing, more clean energy investment and elimination of fossil fuel subsidies.
As a coastal city with an inland water supply, New York City faces a unique set of challenges for climate change resiliency in a future marked by frequent, destructive coastal storms and rising sea levels.
Following through on President Barack Obama’s plans to combat climate change and boost energy productivity, the Agriculture Department on Sept. 18 announced it’s providing $68 million in funding for 540 renewable energy and energy efficiency projects through the Rural Energy for America Program.
The new G8 taskforce report on impact investing is groundbreaking — but it won’t change the world if we don’t change people’s minds. Without more public engagement by small “retail” investors, impact investing is destined to remain the hobby of a small financial elite, rather than become, as it might, a true evolution of market finance.
Making climate change action a global priority can foster greater, more inclusive prosperity worldwide, but a “deep structural transformation” is required, according to a report from the ‘New Climate Economy’ project team.
Rather than continue in a stalemate, many community leaders are turning to Political Communications 101: If you can’t win an argument, change the conversation.
The world’s six leading multilateral development banks have reaffirmed their commitments to take action on climate change in advance of the U.N. Climate Summit in NYC. That includes promoting private and public sector investments in climate change mitigation and adaptation, as well as adopting the same methods of tracking and accounting for greenhouse gas emissions reductions.
With our climate in upheaval, many cities, organizations and businesses are talking about building resiliency into their operations, in order to allow them to better deal with extreme events such as heavy storms, droughts and floods. While these expenditures are often high, given today’s reality they are considered necessary — in keeping with Ben Franklin’s adage that “an ounce of prevention is worth a pound of cure.”
Investing in voluntary carbon offset programs yields $664 in social and environmental benefits beyond the value of each metric ton of CO2 emissions avoided, according to research from Imperial College London and International Carbon Reduction and Offsetting Alliance.