Business/Finance

Written by: Kimberly White JPMorgan Chase and Wells Fargo will no longer fund oil and gas drilling in the Arctic, including the Arctic National Wildlife Refuge.  The announcements come on the heels of similar commitments made by Goldman Sachs and BlackRock.  JPMorgan...

Written by: Sean Fleming Just for a minute, think about the shower gel you use. Or the laundry detergent, ice cream or fruit juice you buy. When you buy it, it’s yours – all of it. The contents and...

Written by: Akanksha Khatri At the World Economic Forum’s Annual Meeting in Davos in January this year, there was unprecedented interest in and commitment to fighting the climate and nature emergencies facing humanity. Although the world’s 7.6 billion people represent...

Written by: Kimberly White Amazon CEO Jeff Bezos has announced that he is committing $10 billion to help tackle the climate crisis through the launch of the Bezos Earth Fund.  “Climate change is the biggest threat to our planet. I want...

Written by: Sean Fleming The challenges facing the world are overwhelming, from the climate crisis to stubborn rates of poverty, inequality and ill health. But what if we could tap into the network effect to unite the world's brightest problem-solvers with...

Written by: Kimberly White  Microsoft has announced an ambitious new goal to reduce and remove its carbon footprint. The tech giant has pledged to remove more carbon emissions than it creates and become carbon negative by 2030. Microsoft aims to...

Written by: Kimberly White Goldman Sachs has announced a $750 billion pledge to sustainable finance initiatives that combat climate change. The $750 billion will be dispersed over the next decade and focus on financing, investing, and advising activity related to...

Written by: Kimberly White Bank of England Governor Mark Carney has been named the United Nations Special Envoy for Climate Action and Finance. The United Nations announced Carney’s appointment ahead of COP25 beginning December 2nd in Madrid.  As the Special Envoy,...

Written by: Kimberly White  Countries from around the world have pledged more than $9.7 billion to replenish the Green Climate Fund (GCF).  The Green Climate Fund was established in 2010 by the 194 countries who are parties to the United Nations...

Written by: Kimberly White  The European Investment Bank (EIB) has announced that it will phase out financing for fossil fuel projects by 2021. The EIB is the world's largest multilateral financial institution, providing approximately €16 billion in energy finance annually.  The...