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Climate change
COP28: World’s largest private climate investment vehicle is launched by UAE
The United Arab Emirates (UAE) has launched the world’s largest private climate investment vehicle ($30 billion USD) with the aim of drawing in a further $250 billion to slow climate change. The fund, named Alterra, …
Suzanne Biegel endowment fund makes first investments to tackle gender inequality and climate crisis
Heading for Change, the $3.5 million climate endowment set up by the late gender-smart investing pioneer Suzanne Biegel, has made its first five investments. Investees include AiiM, a woman of colour-owned climate technology fund with …
Funders must help youth respond to climate change
From deadly wildfires to record-breaking storms to life-threatening heat waves, climate change has brought disastrous effects that are profoundly impacting human health and increasing young people’s anxiety about their future. This is especially true for …
Divestment movement boosted by Rockefellers’ decision to divest from fossil fuels
John D. Rockefeller built a vast fortune on oil. Now his heirs are abandoning fossil fuels. The family whose legendary wealth flowed from Standard Oil announced on Monday that its $860 million philanthropic organization, the Rockefeller Brothers Fund, …
Stewarding wealth for the common good: how an Asian family office incorporated climate change mitigation into its portfolio
‘From an Asian perspective, climate change is not a distant threat – it is happening today. I want to make sure that the way my capital is invested is part of the solution and not …
Just published: Jeremy Leggett calls on foundations to wake up to risk taking in the global energy system
‘The long-awaited fifth IPCC scientific assessment of climate change poses society with big questions, once again, about how to handle high-consequence but slow-burning risks.’ So writes Jeremy Leggett, chair of Carbon Tracker and founder and …
Dealing with high carbon assets: time for foundations to up their game?
Under almost any climate mitigation scenario, investors in high carbon assets will one day awake to find that their portfolio has been hit by a rapid repricing in carbon liabilities. The only issue is when. …
How women in rural India are adapting to a changing climate
At a meeting with women farmers in the Sundarbans in West Bengal, India, they share how climate change is increasing women’s burden and responsibilities on farms and at home as men leave in search of …
Alliance magazine: An interview with Jeremy Leggett, chair of Carbon Tracker
‘We need to replace these high-carbon fuels with renewable energy, and we need to do it fast, as though preparing for war. ’ Following the release of the second report from Carbon Tracker, Unburnable Carbon: Avoiding …
Supporting women, youth and indigenous people to turn global warming around: announcing the Next Generation Climate Board
Trucks shovelling sand from main streets; children wading through the sludge that used to be their living rooms – as I took in the reports from friends and news media on Hurricane Sandy, I realized …