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Why Fossil Fuel Companies Must Evolve or Die: An Interview with Carbon Tracker Founder Mark Campanale
To keep global warming under 2 degrees Celsius and (hopefully) avoid the harshest consequences of climate change, up to three-quarters of known fossil fuels will have to stay in the ground. That's the thesis of the Carbon Tracker Initiative and its founder, Mark Campanale. If that sounds like a heavy lift for an oil-dependent world, he raises a compelling point: With collapsing margins and emerging competition from renewables, the fossil fuel industry has no choice but to evolve. Campanale elaborates on these views in this video interview.
- Categories
- Energy, Environment, Investing, Technology
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With New Partner, Wello Rolling Down ‘the Fastest Path to Scale’
Social enterprise Wello today announced it will license sales and manufacturing of its main product, the WaterWheel, to Mumbai-based Nilkamal Limited in India and Sri Lanka. The publicly traded Nilkamal is one of Asia's manufacturers and sellers of injection mold plastic furniture and other plastic home goods. We hear from Cynthia Koenig, founder and CEO of Wello, about what the deal means not only for the for-profit company, but also for other social enterprises facing the perennial struggle of scaling their products.
- Categories
- Environment, Social Enterprise
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Viewpoint: From Risk to Resilience: It’s Time for Business to Collaborate on Climate Change
All over the world, the climate is changing. In some places, storm surges crash over flood walls. Elsewhere, crops wither, parched by drought. Climate impacts are varied and highly local. The only constant is disruption.
- Categories
- Environment, Health Care
- Tags
- climate change
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World Bank issues first UN sustainable development bond
The World Bank has raised its first bond linked to the United Nations’ Sustainable Development Goals as it looks to help a global effort to end poverty, tackle climate change and promote equality.
- Region
- Europe & Eurasia
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Floating Hospitals Treat Those Impacted by Rising Seas
In parts of Bangladesh, flooding makes it impossible to build permanent hospitals. But that doesn’t mean people can’t get healthcare.
- Categories
- Environment, Health Care
- Region
- North Africa & Near East
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New Startup Accelerator For Social Entrepreneurs Targeting Climate Change And Water Systems
Social entrepreneurs fighting climate change: There’s a new accelerator that might be for you. Called Climate Ventures 2.0, it’s run by GoodCompany Ventures, a Philadelphia-based social enterprise accelerator, and will accept 10 startups aimed specifically at addressing climate-related threats to agriculture and the resilience of water systems.
- Categories
- Impact Assessment
- Region
- North America
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World Bank Accused of Incentivizing Investments in Fossil Fuels Through $5B Policy Loans Portfolio
A new report by advocacy group the Bank Information Center has accused the World Bank of funding the creation of policies that promote the development of coal, gas and oil projects in four countries, but the World Bank says the report “grossly misrepresent” its activities.
- Categories
- Impact Assessment, Investing
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Climate Ventures 2.0 Launches With $250K Available for Ag and Water System Resilience
GoodCompany Ventures is pleased to announce the public launch of Climate Ventures 2.0, a global accelerator focused on Agriculture and Water Systems Resilience, and its call for applications for $250,000 of GCV Impact Grants.
- Categories
- Impact Assessment, Investing
- Region
- North America