ClimateWorks Foundation

Leading Financial and Philanthropic Organizations Unveil First-Of-Its-Kind Investor Toolkit for Climate Resilience Solutions

Retrieved on: 
Thursday, March 14, 2024
Climate change, Growth, CRISP, Partnership, Risk, Sustainable finance, MSCI, Climate, Diplomacy, ClimateWorks Foundation, Private sector, Jeff Bezos, GARI, Investment, Vaccine, Climate resilience, Weather, Renewable energy

WASHINGTON, March 14, 2024 /PRNewswire/ -- A group of leading financial and philanthropic organizations today released an investor report and toolkit highlighting climate resilience solutions as a key growth industry of the 21st century. "Investing in Climate Resilience" presents a first-of-its-kind, AI-powered framework identifying a universe of over 800 publicly traded companies in the business of resilience along with methods investors can use to find these companies and incorporate climate resilience into investment product design.

Key Points: 
  • "Investing in Climate Resilience: Unlocking a Growing Market of Adaptation Solutions" released by the Global Adaptation and Resilience Investment Group (GARI) in partnership with MSCI, The Lightsmith Group, the Bezos Earth Fund, and ClimateWorks Foundation
    WASHINGTON, March 14, 2024 /PRNewswire/ -- A group of leading financial and philanthropic organizations today released an investor report and toolkit highlighting climate resilience solutions as a key growth industry of the 21st century.
  • This report demonstrates that climate resilience is a clear and present growth investment opportunity for investors in the public markets.
  • Because physical climate impacts are disproportionately affecting the communities least responsible for climate change, climate resilience solutions can simultaneously advance equity and environmental justice considerations.
  • Climate adaptation and resilience in emerging markets is an overlooked yet critical investment opportunity to drive demand for innovative solutions," said Helen Mountford, president and CEO, ClimateWorks Foundation.

Leading Financial and Philanthropic Organizations Unveil First-Of-Its-Kind Investor Toolkit for Climate Resilience Solutions

Retrieved on: 
Thursday, March 14, 2024
Climate change, Growth, CRISP, Partnership, Risk, Sustainable finance, MSCI, Climate, Diplomacy, ClimateWorks Foundation, Private sector, Jeff Bezos, GARI, Investment, Vaccine, Climate resilience, Weather, Renewable energy

WASHINGTON, March 14, 2024 /PRNewswire/ -- A group of leading financial and philanthropic organizations today released an investor report and toolkit highlighting climate resilience solutions as a key growth industry of the 21st century. "Investing in Climate Resilience" presents a first-of-its-kind, AI-powered framework identifying a universe of over 800 publicly traded companies in the business of resilience along with methods investors can use to find these companies and incorporate climate resilience into investment product design.

Key Points: 
  • "Investing in Climate Resilience: Unlocking a Growing Market of Adaptation Solutions" released by the Global Adaptation and Resilience Investment Group (GARI) in partnership with MSCI, The Lightsmith Group, the Bezos Earth Fund, and ClimateWorks Foundation
    WASHINGTON, March 14, 2024 /PRNewswire/ -- A group of leading financial and philanthropic organizations today released an investor report and toolkit highlighting climate resilience solutions as a key growth industry of the 21st century.
  • This report demonstrates that climate resilience is a clear and present growth investment opportunity for investors in the public markets.
  • Because physical climate impacts are disproportionately affecting the communities least responsible for climate change, climate resilience solutions can simultaneously advance equity and environmental justice considerations.
  • Climate adaptation and resilience in emerging markets is an overlooked yet critical investment opportunity to drive demand for innovative solutions," said Helen Mountford, president and CEO, ClimateWorks Foundation.

Report: In Sharp Reversal, Climate Giving Flat in 2022

Retrieved on: 
Wednesday, November 1, 2023
Built environment, Temperature, Wildfire, Food, Government, Climate, Face, Flood, Carbon, Global Intelligence Forum, ClimateWorks Foundation, Forest, Electricity, Methane, Growth, Transport, Mineral, EVS, Global Methane Initiative, Agriculture, Drought, Heat, SAN, Climate change, Cryptocurrency, Video game, Renewable energy

SAN FRANCISCO, Nov. 1, 2023 /PRNewswire/ -- After record giving in 2021, philanthropic funding to slow climate change was stagnant from 2021 and 2022, with foundations and individuals giving an estimated $7.8 billion to $12.8 billion in 2022, according to the 2023 Funding Trends Report by ClimateWorks Foundation.

Key Points: 
  • While overall climate funding was flat, foundation funding for climate increased by 12% between 2021 and 2022 — significantly slower growth than the 45% increase in the previous year.
  • In the face of a challenging global economy, overall climate giving stayed flat, due in part to a 12% increase in foundation funding.
  • Key findings include:
    Between 2018 and 2022, foundation funding to mitigate climate change in Africa more than tripled, yet still represents only 6% of foundation funding for climate in 2022.
  • Funding for corporate accountability efforts has steadily increased in recent years, representing 4% of foundation giving to mitigate climate change in 2022.

Purebase hosts partners in philanthropy and climate to decarbonize heavy industry

Retrieved on: 
Monday, October 23, 2023
Carbon, NRDC, University of Washington, ClimateWorks Foundation, AJW, Sierra Club, EDF, NBI, Mineral, SCM, University, GHG, Primary energy, LC3, Renewable energy, Cement

The site visit showcased Purebase’s operations and its plans to address global greenhouse gas (GHG) emissions through its new supplementary cementitious material (SCM) products.

Key Points: 
  • The site visit showcased Purebase’s operations and its plans to address global greenhouse gas (GHG) emissions through its new supplementary cementitious material (SCM) products.
  • Purebase is in the process of calcining clay for LC3 , a low-carbon alternative material to cement that could transform heavy industry.
  • Attendees viewed ongoing operations and several of the significant clay deposits, then had a discussion with onsite geologists and engineers about the new climate friendly SCM technology.
  • Low-emission cement materials will be a key strategy to help California meet its net zero cement goal by 2045 as required by SB596.”

The road is long and time is short, but Australia's pace towards net zero is quickening

Retrieved on: 
Sunday, October 1, 2023
Zero, Technology, Nitrous oxide, Private sector, ClimateWorks Foundation, Paris, Conversation, Industry, Paris Agreement, Rio, Coal, Atmosphere, Carbon, Hydrogen, City, Digestion, Oxygen, Agriculture, Built environment, Connective tissue, Electricity, Hunter Region, The Conversation, Hunting, Public policy, Blue Mountains, Temperature, Goal, Steel, Forest, Australian Renewable Energy Agency, Government, Plant, Climate change, GDP, Iron, Time, Mining, Authority, Knowledge, Kooragang, Eraring, New South Wales, Nitric acid, Federation, CSIRO, Nitrogen, United States Department of the Treasury, US Treasury specimen book, Success, Renewable energy, Aluminium, Toy

Coal has been mined here for more than 200 years, providing generations of people with good livelihoods and lives.

Key Points: 
  • Coal has been mined here for more than 200 years, providing generations of people with good livelihoods and lives.
  • The Hunter is developing a clean manufacturing precinct, and state and federal governments are investing heavily in the effort.
  • Even in the Hunter, with its long fossil fuel history, change is in the air.
  • The road is long and time is short, but our pace is quickening.
  • Last week, the US Treasury advised that financial institutions’ net zero plans should be in line with a 1.5℃ pathway.
  • The progress in technology in that time demonstrated potential to bring emissions to net zero over a decade faster than previously shown.
  • With a clear view of what is needed to bring homes to net zero, other states and the federal government can follow its lead.
  • The Net Zero Authority – created in July to help “seize the opportunities of Australia’s net zero transformation” – is the layer of connective tissue that will help these precincts succeed.

MSCI launches MSCI Sustainability Institute to drive progress on the role of capital markets in creating sustainable value

Retrieved on: 
Tuesday, September 12, 2023
Environment, Technology, Finance, Fintech, Banking, Professional Services, Sustainability, Software, Data Analytics, Asset Management, Linda, Policy, Jeff Bezos, Government, Student, Climate change, ClimateWorks Foundation, Non-governmental organization, Risk, GARI, Notre Dame Global Adaptation Index, ESG, Woman, NYSE, Renewable energy, Management, MSCI

MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, today announced the launch of the MSCI Sustainability Institute (“the Institute”).

Key Points: 
  • MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, today announced the launch of the MSCI Sustainability Institute (“the Institute”).
  • The Institute aims to drive progress on the role of capital markets in creating sustainable value and tackling global challenges such as climate change.
  • Advancing the transition to a clean-energy economy and addressing other long-term risks demands that leaders across the capital markets ecosystem work together.
  • “Together, we will deepen knowledge of how capital markets can help drive sustainable value.”
    Hiromichi Mizuno, who recently joined MSCI as a Special Advisor to the CEO, will advise MSCI Sustainability Institute in that capacity.

Renewable Energy Manufacturing in Southeast Asia Can Generate $90 billion to $100 billion in Sustainable Revenue by 2030

Retrieved on: 
Thursday, August 24, 2023
Workforce, Bloomberg Philanthropies, Private sector, Asian Development Bank, Sustainable energy, Sustainable Energy for All, Central bank, Original equipment manufacturer, Policy, Special, Research, Cell, History, Carbon, Government, Advancement, Gross domestic product, ClimateWorks Foundation, Climate change, GDP, Investment, UN, Kilowatt-hour, Weather, ADB, Environment, Special Representative of the UN Secretary-General for Haiti, Renewable energy, Pacific Ocean

JAKARTA, Indonesia, Aug. 24, 2023 /PRNewswire/ -- The Southeast Asian region could lose up to 30% of its gross domestic product by 2050 due to increases in global temperature and extreme weather events, but bolstering the region's renewable energy manufacturing capacity would position Southeast Asian countries to create new jobs and meet growing energy demand while drastically reducing emissions, according to new research released today on the sidelines of the ASEAN Finance Ministers and Central Bank Governors Meeting by the Asian Development Bank (ADB), Bloomberg Philanthropies, ClimateWorks Foundation, and Sustainable Energy for All (SEforALL).

Key Points: 
  • Growing Southeast Asia's solar photovoltaic (PV) cells, battery, and electric two-wheeler industries presents an estimated $90 billion to $100 billion revenue opportunity by 2030, with a potential 6 million renewable energy jobs to be created by 2050.
  • The new report, Renewable Energy Manufacturing: Opportunities for Southeast Asia , explores how to support the development of the clean energy manufacturing sector in Southeast Asia and help countries reap its immense economic potential while mitigating the impacts of climate change.
  • The report identifies potential ambition and outcomes for Southeast Asia to achieve the following:
    Grow solar PV manufacturing capacity in modules from 70 GW to 125–150 GW by 2030.
  • Expand assembly capacity for electric two-wheelers (E2W) in Southeast Asia from 1.4 to 1.6 million units annually to approximately 4 million units by 2030.

In First Deployment, Ebb Carbon Uses Seawater to Capture & Store CO2

Retrieved on: 
Monday, August 21, 2023
White House, Federal Government, Alternative Energy, Energy, Green Technology, Climate Change, Sustainability, Environmental Policy, Other Natural Resources, Environment, Environmental Issues, Public Policy, Government, Environmental Health, Natural Resources, Science, Research, Carbon, Pacific Northwest National Laboratory, Climate, Partnership, PNNL, University, Atmosphere, U.S. Department of Defense Strategy for Operating in Cyberspace, Salish Sea, OAP, University of Washington, National Oceanic and Atmospheric Administration, X Development, Indigenous peoples, Multimedia, Ebb, SolarCity, Salinity, Chemistry, North Atlantic Aerosols and Marine Ecosystems Study, Membrane, NOAA, Climate change, ClimateWorks Foundation, Seawater, Bicarbonate, Pacific Marine Environmental Laboratory, Chan Zuckerberg Initiative, Water, Acid, CO2, Tesla, Propeller, Renewable energy, Limestone, Seaweed

View the full release here: https://www.businesswire.com/news/home/20230821282579/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230821282579/en/
    The Ebb Carbon system at the U.S. Department of Energy’s Pacific Northwest National Laboratory in Sequim Bay, Washington.
  • “Given the realities of climate change, we must act quickly to deploy solutions to remove excess CO2 from the atmosphere,” said Ben Tarbell, CEO of Ebb Carbon.
  • Once the acid is removed, the seawater can absorb additional carbon dioxide from the air and store it as bicarbonate in the water.
  • This increased acidity is the direct result of human-generated CO2 emissions over the last 200 years, and threatens marine ecosystems.

Groundbreaking grassroots-run Fund for Frontline Power awards $5 million in grants to 48 frontline climate justice organizations across the nation

Retrieved on: 
Monday, July 17, 2023
Hive, Climate, Table, Environmental justice, Jeff Bezos, Lead, Alignment, Risk, Sport, Governing body, Solidarity, Concerned Scientists, Natural Resources Defense Council, Heart, Organization, Athlete, Seventh generation, Knowledge, Food security, Gender equality, RMI, Criminal defense lawyer, Democracy, Governing Body of Jehovah's Witnesses, Climate change, ClimateWorks Foundation, Biophysical environment, International Covenant on Economic, Social and Cultural Rights, Union, Fund, Climate Justice Alliance, Food, Agriculture, Seventh Generation Inc., The Solutions Project, Union of Concerned Scientists, Plant, Natural Resources, City, Health, BEF, Mining, Renewable energy, Cryptocurrency, Management, Black

OAKLAND, Calif., July 17, 2023 /PRNewswire/ -- In a milestone moment for climate philanthropy, the grassroots climate justice leaders who make up the Governing Body of the Fund for Frontline Power have announced the fund's inaugural slate of over $5 million in grants to 48 diverse groups working on the front lines of the climate crisis.

Key Points: 
  • "The communities and places represented are only a small sample of the power and wisdom across frontline communities, and so are the impactful climate justice projects we are honored to fund.
  • The Fund for Frontline Power supports community-based, equitable climate solutions that cut greenhouse gas emissions, facilitate resilience, strengthen local regenerative economies, and build power on the front lines of the climate crisis.
  • These requests totaled over $60 million, demonstrating the growing demand for funding frontline climate solutions.
  • The climate justice movement created the Fund for Frontline Power in response to the massive first round of Bezos Earth Fund (BEF) grants in 2020, which vastly favored large, white-led, well-resourced organizations.

Collapse of the Climate House of Cards Speeds Up with New CLINTEL Report on IPCC says Friends of Science

Retrieved on: 
Wednesday, June 28, 2023
Online, Insurance, Bloomberg Philanthropies, Climate, Science Society of China, Friends of Science, Intergovernmental Panel on Climate Change, US Senate career of Barack Obama, Senate, Justice, International, International court, Policy, Electricity, RCP, UN General Assembly Resolution 60/147, Jeff Bezos, Synthesis, Climate change, Paris Agreement, United States Senate, Outline of physical science, McKinsey & Company, Consultant, Wind, Projection, Friends, Organization, Coal, US, Bank, IPCC, ClimateWorks Foundation, UN, Natural gas, NetZero, Paris, Economics, Legislation, Renewable energy, Science, Nature, Interest

CALGARY, Alberta, June 28, 2023 /PRNewswire-PRWeb/ -- Catastrophic climate change proclamations by UN Sec. Gen. Antonio Guterres such as his March 23, 2023 statement that 'climate change is making earth uninhabitable' were given another blow as CLINTEL issued "The Frozen Views of Climate of the IPCC" on May 25, 2023, says Friends of Science Society. CLINTEL's assessment of the latest reports of the Intergovernmental Panel on Climate Change (IPCC) reveals that there is no climate emergency. Media and officials like UN Sec. Gen. Guterres have been misleading the public with statements like "Code Red for humanity" when this is not what the IPCC Working Group I Physical Sciences report says. See CLINTEL's open letter to Dr. Hoesung Lee.

Key Points: 
  • CLINTEL's assessment of the latest reports of the Intergovernmental Panel on Climate Change (IPCC) reveals that there is no climate emergency.
  • As the climate house of cards crumbles, efforts are being made to criminalize climate dissent as explained in this Friends of Science video .
  • Friends of Science Society produced a video challenging the Bank of Canada on its first climate risk assessment report, incorporating Weinkle's findings.
  • Robert Lyman's latest report assesses the economics of global climate policy and finds decarbonization and NetZero is "Not Worth the Money. "