Category Archives: Investment

Going Green On the TSX

By Roy L Hales

Screen-shot-2014-03-18-at-3.43.47-PMAs the severity and frequency of extreme weather events keep increasing, there is a growing realization that Climate Change brings costs and opportunities. These can be analyzed  in financial terms, by measuring the in tons of carbon produced, meters of water and hectares of land use. The British data company Trucost Plc evaluates individual companies environmental performances, calculates their annual emissions and,  dividing this by annual revenues, gives them a rating. Trucost Plc, S&P Dow Jones Indices and the Toronto Stock Exchange (TSX) have partnered to offer three new subindexes for investors going green on the TSX.

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$13.5 Trillion will Be Invested By 2030

The International Energy Agency calculated if World leaders fulfill the pledges made to the UN, for the Paris talks, $13.5 Trillion will Be Invested By 2030

Originally Published on Clean Technica

By Sandy Dechert

The International Energy Agency produced a World Energy Outlook special briefing today to reveal the energy sector implications of the national climate pledges (INDCs) submitted to the UN for its the upcoming climate summit in Paris (COP21). IEA estimates that in order to implement the climate investment pledges made to the UN by world leaders, the global energy industry must invest $13.5 trillion through 2030 in efficiency measures and low-carbon technologies. IEA’s analysis includes deployment of nuclear, wind, and solar power plus carbon capture and storage technologies. Download the briefing here.

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The City of Oslo Divests From Fossil Fuels

A £8 billion pension fund cleansing itself of from stocks in coal, oil and gas companies; The City of Oslo Divests From Fossil Fuels 

Originally Published on Click Green

Oslo city leaders have announced that it will divest its £8 billion pension fund from coal, oil and gas companies, becoming the first capital city in the world to ban investments in fossil fuels.

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To Divest $2.6 Trillion From Fossil Fuels

430 institutions and 2,040 individuals across 43 countries have now committed to to divest $2.6 TRILLION from fossil fuels

Originally Published on Divest-Invest

The movement to divest from fossil fuels and invest in renewable energy and climate solutions has exploded, growing 50-fold in just one year and topping $2.6 trillion, according to a new analysis released today. More than 400 institutions and 2,000 individuals have pledged to divest from fossil fuels, the report from Arabella Advisors found. These commitments include governments and investors from 43 countries and multiple sectors, including pension funds, health, education, philanthropy, faith, entertainment, climate justice and municipalities.

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The Energy Revolution’s Economic Opportunity

A Testimony  of the growing momentum of the transition to a low-carbon economy from Climate Week New York: The Energy Revolution’s Economic Opportunity.

Originally Published on RMI Outlet

By Jules Kortenhorst, CEO or RMI

Yesterday marked the end of the seventh Climate Week NYC. The annual event brings together influential global figures—and new voices—from the worlds of business, government, and society who are leading the low-carbon transition. We live in an exciting time, when more companies and investors are committed to bold climate leadership than at any other time in history. RMI/CWR is proud to be part of Climate Week. We know that the transition to a low-carbon economy is essential, and is the only pathway to long-term sustainable economic growth. Bold climate action is not a burden, but a historic opportunity!

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Western Europe Is The #1 Choice For Foreign Investors

By Roy L Hales

Screen-shot-2014-03-18-at-3.43.47-PM1Western Europe is the #1 choice destination for foreign investors, according to this year’s EY Foreign investment survey. Half of the respondents indicated it was the most attractive region to establish operations and 59% expect the financial climate to get even better. Investors with a European presence were more likely to rank it first (55%), while other respondents tended to prefer North America or China.

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Vancouver Street corner party for Global Divestment

Compiled from emails

Screen shot 2014-03-18 at 3.43.47 PMAround 50 people met on the corner of West Broadway and Bayswater St, in Vancouver, to show their love for planet Earth on Valentine’s Day. They engaged with a few hundred passerbys.

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Churches are Divesting Themselves of Fossil Fuel Investments

By Roy L Hales

Screen-shot-2014-03-18-at-3.43.47-PM1“We have sinned,” the President of America’s most prominent seminary wrote in Time Magazine. She was not referring to a sex scandal or embezzlement, but rather the Union Theological Seminary’s stock portfolio. In the past, many mainstream churches have spoken against Climate Change in the past. Now they are divesting themselves of fossil fuel investments.

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