Bain Capital and Blackrock have created dedicated impact practices. High net-worth individuals and family offices are gathering to share deals, ideas and experiences. Foundations are sharing best practices. And yet, the amount of dollars invested in real projects and actual businesses is still a minuscule percentage of all invested capital. What’s holding us back?
Policy & Government
A catch all category for government, politics and initiatives to influence either.
Three of the top 10 carbon emitting nations — the U.S., China and Brazil — announced new carbon reduction commitments in a joint news briefing on June 30. The countries pledged to obtain 20 percent of their electricity from renewable sources, not including hydropower, by 2030.
Right now, a trade deal is being negotiated between the United States and 11 other countries called the Trans Pacific Partnership, or TPP, that would be the biggest trade deal in history. The agreement was brought to the next level this week, when President Barack Obama signed legislation giving him the authority to “fast-track” the deal. Unfortunately, many don’t even know what the TPP is. Do you? If not, this 90-second video from the Sierra Club can help.
Big news from the Netherlands, where a court just decided that the government was not doing enough to combat climate change. Yep. You read that right.
The world keeps citing the rising number of environmental protests as a sign of China’s impending doom. It is true that the occurrence of such protests has increased by 29 percent year-on-year since 1996. But somehow, strangely, it seems as though the central government is actively encouraging outbreaks of popular protest. If it concerns the environment, that is.
The Oregon case shows that, rather than hurting the economy, carbon pricing can fund the economic development in rural America and combat climate change too.
Lumber Liquidators, one of the nation’s largest hardwood flooring retailers, needs be held accountable for selling timber harvested from illegal sources and putting endangered species at risk.
To prepare for the upcoming COP21 negotiations in Paris, French negotiators and universities have teamed up to run a variety of workshops and simulations to solicit new, innovative solutions to address the global climate change crisis. Here are three key takeaways negotiators should keep in mind this December, gained from one student’s experience at the COP 21 “Make it Work” simulation recently hosted by Sciences Po University in Paris.
When it comes to climate change, the cycle of pain and blame we’ve all been caught in is counterproductive. The majority of Americans share the same vision: a world with clean air and sustainable energy. Rather than being a source of pain, this vision can be a source of pride.
We spoke with Ben Thompson, Autodesk’s senior sustainable business program manager, on the occasion of the release of its 2015 Sustainability Report, entitled, “Sustainability in Action.”
Bridging political and economic divides as well as religious faiths, Interfaith Power & Light sees Pope Francis’s climate change encyclical as a powerful call for stronger climate change action and greater renewable energy use. 3p spoke with IPL president and founder, Rev. Canon Sally Bingham, about the Pope’s message and its possible ramifications.
Indian Prime Minister Narendra Modi gave the nod to increasing the country’s solar capacity five-fold, to a goal of 100 gigawatts by 2022. The environmental progress doesn’t come without a pinch in the pursestrings: The 100 GW target is expected to cost around 600,000 crore, an equivalence of a whopping US$100 billion.
New solar energy installations will grow faster this year than previously expected, according to Mercom Capital, which will make 2015 another strong year for the global solar market. Releasing an update to its 2015 solar market report, Mercom predicts new installations will reach 57.4 gigawatts worldwide in 2015.
The Chinese government announced a plan for the country’s first national park system earlier this month. It’s modeled after the U.S. system, first established in 1872, but will it be enough to conserve the country’s natural landscapes?