Low angle view of modern skyscrapers in Midtown Manhattan.
Finance
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…
How to Retire Early: Making Accelerated Coal Phaseout Feasible and Just
This report estimates that replacing the entire fleet of global coal plants with clean energy plus battery storage could be done at a net annual savings as early as 2022. The rapidly declining costs of renewables push net annual savings to $105 billion in 2025—before considering coal’s dire health, climate, and environmental impacts, or accounting for the social and environmental benefits of reducing pollutants.
In a Pandemic or a Climate Crisis, You Better Get Your Data Right
According to polls, it was mid-March when most of us in the United States understood the severity of COVID-19. At the same time, we were collectively searching for data to drive lifesaving decision-making. Close all business and keep people inside homes? Or allow some degree of freedom? What would…
