Low angle view of modern skyscrapers in Midtown Manhattan.

Finance

Spending Inside the Box

When we think about measures to address climate change, we often think of solar panels or wind farms. While it is true that we need to transition to renewable energy, investment in clean energy generation is only one piece of an economy-wide climate puzzle. To fully decarbonize, we need to…

Steel, Factory, Business, Industry, Africa - Scrap metal being poured into an Electric Arc Furnace

There Is No Business as Usual: Decarbonizing Industry Must Start Now

We know that a higher-than-1.5°C pathway will result in severe natural disasters, including flooding, rising sea levels, hurricanes, drought, and lethal temperature exposures. The increasing regularity of these extreme climate events will create drastic stresses on food and water supply, with ripple effects including hunger, market disruption, increased migration, and…

Tackling Industrial Emissions Through Climate Alignment

To make fundamental breakthroughs in addressing the causes of climate change, we need to dramatically shift the way we think and act on climate. To date, the world has primarily—and understandably—tackled the issue as a project of nations, leaving countries to formulate their action plans in silos, sometimes even in…

Translating the Landscape of Climate Action Efforts in the Financial Sector

The debate over whether private financial institutions should play a proactive role in the low-carbon transition is coming to a close and significant efforts to define what this role should be in practice have begun. The role of private finance in climate action is being defined by two significant trends.

From Pledges to Action: RMI Launches the Center for Climate-Aligned Finance

Ratcheting down carbon emissions to net zero by the middle of the century is a historic project without parallel in human history. It is not the responsibility of any single country or any single sector. But one sector provides the lifeblood that powers all the others: finance. The financial sector…