For this Earth Day, the White House delivers a $7 billion message: Solar for All. “Cheaper, faster, better” is not just for affluent households or wealthy neighborhoods. Hundreds of millions of dollars in annual cost savings from ever-cheaper solar energy are expected to flow to 900,000 low-income households under the Environmental Protection Agency’s $7 billion Solar for All program. The third chunk of the $27 billion Greenhouse Gas Reduction Program is being awarded today to states, municipalities, tribal entities and nonprofits (awards for the GGRF’s National Clean Investment Fund and the Clean Communities Investment Accelerator were announced earlier this month). The Solar for All grants cover every region and territory of the US, from Alaska to Guam, in many cases bringing solar to low-income residents for the first time. “Cheaper, Faster, Better” is the title of a new book by investor Tom Steyer on how to win the climate war. “Solar is the cheapest form of electricity – and one of the best ways to lower energy costs for American families,” said John Podesta, President Biden’s advisor for clean energy innovation.
Michigan raises $53 million to green its healthcare services. The five hospitals and more than 250 care sites in Michigan’s Henry Ford Health System employ 33,000 people and provide care for many low-income and underinsured Michiganders. The Michigan Finance Authority has raised $53 million as part of a $250 million green bond series to support the health system’s sustainability goals. The bond is being featured as part of ImpactAlpha’s collaboration with HIP Investor to highlight municipal bonds with environmental or social significance. The proceeds will enable Henry Ford Health System to electrify its water heating and cooling functions as part of an effort to halve its greenhouse gas emissions by 2030. HFHS is also aiming to halve its landfill waste, eliminate hazardous chemicals, and source 30% of its food locally and sustainably to “reduce operational costs while enhancing community well-being by minimizing pollution,” writes HIP’s Anna Rautenberg. HIP gives the organization a net-positive impact rating of 68.6 on a scale of 100.
Science Based Targets Initiative meets realpolitik on the path to net zero. An apparent reversal by one of the main arbiters of corporate climate action plans has roiled climate activists and advocates and highlighted tensions between policy pragmatism, big money donors and “science-based” climate strategies. At issue: the proper role of the $2 billion voluntary carbon market in helping corporations meet their climate targets. Nearly two weeks of drama have upended the Science Based Targets Initiative, or SBTi, one of the world’s most influential corporate climate action organizations, ImpactAlpha contributor Louie Woodall reports.
Galway Sustainable Capital adds Derek Porter, formerly with Earthrise Energy, and Steve Hane, formerly with Steelhead Composites, as vice presidents of asset management. The investment firm also adds Jennifer Simpson, previously with Anzu Partners, as chief operating officer, and Kara Parmelee, formerly with Paul Hastings, as general counsel… Rochdale Capital appoints Jessie Lee, managing director of Renaissance Economic Development Corp., to its loan committee.
In New Orleans, the city’s housing finance agency has become a “green bank” to underwrite community solar, water treatment projects, and resilience hubs. …
Private equity fund managers looking for value-creation opportunities are increasingly finding their way to impact themes like climate-resilient and sustainable agriculture, employee engagement …
ImpactAlpha, January 19 – Impact investors have for years debated the need for embedded structures to incentivize impact outcomes for impact fund managers. …
ImpactAlpha, Dec. 15 – The $4 trillion muni market is so big that small movements in the pricing of bonds can mean shifts of …
ImpactAlpha, November 17 – That women are more adversely affected by climate change is well established (in impact and development circles at any …
This week’s Agents of Impact Call continued a tradition started nearly a decade ago by Fran Seegull of the US Impact Investing Alliance …
ImpactAlpha, Sept. 29 – It’s the age-old struggle: labor vs capital, workers vs. owners. But what happens when employees get a stake in the …
ImpactAlpha, August 25 – A growing ecosystem of Native-led entrepreneurs, lenders, financial intermediaries and nonprofits are driving Indian Country’s emerging economy. “It’s kind …
ImpactAlpha, July 28 – Most historically Black colleges and universities were formed during the Reconstruction era. In the more than a century since, Spelman, …
ImpactAlpha, Jun. 22 – Even as some politicians ramp up anti-ESG rhetoric, asset owners and allocators are signaling an appetite for investment strategies …
ImpactAlpha, Mar. 31 – The search for a universal metric to guide investments in racial justice and equitable wealth-building was…aspirational. “We are still a …
ImpactAlpha. Feb. 24 – “A labor market where workers have more opportunities and have more power and have more leverage is a good …
🎧 This Week in Impact. Host Brian Walsh takes up ImpactAlpha’s top stories with editor David Bank. Up this week: federal funds to …
The era of cake-ism (as in having it and eating it, too) has come to an inglorious end. “I think we’re in an …
Host Brian Walsh dives into ImpactAlpha’s top stories, with commentary from editor David Bank. Up this week: Tracking the players building the US’s …
ImpactAlpha podcasts are back! We’re pleased to share our revamped interview show, Agents of Impact, hosted by David Bank and Sherrell Dorsey, founder …
Impact(ed) is part of the ImpactAlpha Podcast Network, a set of shows hosted and produced by leading voices in impact and sustainable investing, …
On This Week in Impact, Brian Walsh dives into some of ImpactAlpha’s top stories, with commentary from editor David Bank. This week: the …
Venture capital invested nearly $500 billion in 2022. By investing into startups seeking transformational scale, successful venture-backed companies have the potential to change …
ImpactAlpha, Dec. 29 – “Net zero is not going to get us anywhere,” Ariane Mahler of Veridien Global Investors told David Bank of ImpactAlpha …
ImpactAlpha, Dec. 22 – Diverse innovators building for all customers in large industries like digital health, fintech and the future of work have been …
The numbers tell the story: overall attendance at COP28 is up threefold from last year – and the number of fossil fuel lobbyists …
Private foundations collectively control more than a trillion dollars of capital invested across a variety of traditional asset classes. A small portion of …
ImpactAlpha’s Amy Cortese speaks with Full Cycle’s Stephan Nicoleau at the start of COP 28 to hear what he’s expecting – and hoping …
Developing an investment strategy that meets our fiduciary requirements as resource stewards, embodies our racial justice values, and prioritizes the communities we serve …
(Editor’s note: In this conclusion to ImpactAlpha’s four-part Macro Impact series, contributing editor Rob Brown parses the economic signals for public and private …
Editor’s note: This guest post is sponsored by Impact Ventures by J&J Foundation, which supports ImpactAlpha’s Investing in Health coverage. In partnership with …
Editor’s Note: This article is part of a partnership between ImpactAlpha and Mission Investors Exchange (MIE) to present new ideas and perspectives in …
The way housing is financed and constructed in the United States has experienced little change in decades, leading to skyrocketing costs, barriers to …
“One million lives touched.” “800 jobs created.” “50,000 acres of land restored.” Capital allocators often see these types of punchy headlines in the …
Impact Frontier’s Impact Reporting Norms target a leverage point in the impact investing system: impact reporting. They promise to provide greater clarity and …
Ashish Kumar is a long-time climate investor and a market / ecosystem builder. He is a strategic advisor to Mati Carbon. This month, …
In one of Puerto Rico’s poorest neighborhoods, you can find what economists might call a “green shoot.” The plan for Oasis, a six-acre, …
Development finance institutions like to style themselves as the original impact investors. It was Lord Reith, the first chairman of the UK’s development …
To achieve stated climate goals, the U.S. government is embarking on what should be the largest coordination of private and public capital aimed …
In a world in which the UN SDG financing gap continues to grow, we face a double hurdle: blended finance is still struggling …
The winner of a contest to sharpen the impact lens of students through deal sourcing and diligence was a team from London Business …
ImpactAlpha, January 26 – Ines Schiller got the idea for seaweed tampons while training in South Africa to be a marine environment guide. …
ImpactAlpha, Dec. 23 – Bold leaders. Taking action. Driving impact. That’s the tagline we’ve used for the dozens of Agents of Impact we profiled …
This article originally appeared on Inside Climate News, a nonprofit, independent news organization that covers climate, energy and the environment. It is republished …
Sustainable development? “More of the same.” Forest carbon credits? “Outside-imposed extraction.” Impact investing? “Are we really going far enough? Or are we just …
ImpactAlpha, September 8 — In 15 years in impact investing, Christopher Bentley noticed “a lot of for-profit companies focused on the criminal justice …
ImpactAlpha, August 18 – Monica Brand Engel’s advice to impact investors is this: Imperfect execution is ok. “Authentic impact is about accepting imperfection …
ImpactAlpha, Aug. 11 – Samuel Yeboah isn’t discouraged by the economic storm battering his home country of Ghana and many other emerging economies. “As …
Many investors look at promising new climate solutions and say, ‘Great, come back to me when you have traction.’ Azolla Ventures is more …
ImpactAlpha, June 30 – The first thing that Katherine Stodulka does when you meet her is suggest you meet someone else. Then she’ll …
ImpactAlpha, May 26 – A decade ago, investors pushed back against the loan products Jessica Espinoza was designing for female business owners as …
ImpactAlpha, May 12 – Nigeria-born climate entrepreneur and “professional nomad” Aina Abiodun is bullish on place-based climate innovation. “There is nothing more urgent than …
For this Earth Day, the White House delivers a $7 billion message: Solar for All. “Cheaper, faster, better” is not just for affluent households or wealthy neighborhoods. Hundreds of millions of dollars in annual cost savings from ever-cheaper solar energy are expected to flow to 900,000 low-income households under the Environmental Protection Agency’s $7 billion Solar for All program. The third chunk of the $27 billion Greenhouse Gas Reduction Program is being awarded today to states, municipalities, tribal entities and nonprofits (awards for the GGRF’s National Clean Investment Fund and the Clean Communities Investment Accelerator were announced earlier this month). The Solar for All grants cover every region and territory of the US, from Alaska to Guam, in many cases bringing solar to low-income residents for the first time. “Cheaper, Faster, Better” is the title of a new book by investor Tom Steyer on how to win the climate war. “Solar is the cheapest form of electricity – and one of the best ways to lower energy costs for American families,” said John Podesta, President Biden’s advisor for clean energy innovation.
Michigan raises $53 million to green its healthcare services. The five hospitals and more than 250 care sites in Michigan’s Henry Ford Health System employ 33,000 people and provide care for many low-income and underinsured Michiganders. The Michigan Finance Authority has raised $53 million as part of a $250 million green bond series to support the health system’s sustainability goals. The bond is being featured as part of ImpactAlpha’s collaboration with HIP Investor to highlight municipal bonds with environmental or social significance. The proceeds will enable Henry Ford Health System to electrify its water heating and cooling functions as part of an effort to halve its greenhouse gas emissions by 2030. HFHS is also aiming to halve its landfill waste, eliminate hazardous chemicals, and source 30% of its food locally and sustainably to “reduce operational costs while enhancing community well-being by minimizing pollution,” writes HIP’s Anna Rautenberg. HIP gives the organization a net-positive impact rating of 68.6 on a scale of 100.
Science Based Targets Initiative meets realpolitik on the path to net zero. An apparent reversal by one of the main arbiters of corporate climate action plans has roiled climate activists and advocates and highlighted tensions between policy pragmatism, big money donors and “science-based” climate strategies. At issue: the proper role of the $2 billion voluntary carbon market in helping corporations meet their climate targets. Nearly two weeks of drama have upended the Science Based Targets Initiative, or SBTi, one of the world’s most influential corporate climate action organizations, ImpactAlpha contributor Louie Woodall reports.
Galway Sustainable Capital adds Derek Porter, formerly with Earthrise Energy, and Steve Hane, formerly with Steelhead Composites, as vice presidents of asset management. The investment firm also adds Jennifer Simpson, previously with Anzu Partners, as chief operating officer, and Kara Parmelee, formerly with Paul Hastings, as general counsel… Rochdale Capital appoints Jessie Lee, managing director of Renaissance Economic Development Corp., to its loan committee.
In New Orleans, the city’s housing finance agency has become a “green bank” to underwrite community solar, water treatment projects, and resilience hubs. …
Private equity fund managers looking for value-creation opportunities are increasingly finding their way to impact themes like climate-resilient and sustainable agriculture, employee engagement …
ImpactAlpha, January 19 – Impact investors have for years debated the need for embedded structures to incentivize impact outcomes for impact fund managers. …
ImpactAlpha, Dec. 15 – The $4 trillion muni market is so big that small movements in the pricing of bonds can mean shifts of …
ImpactAlpha, November 17 – That women are more adversely affected by climate change is well established (in impact and development circles at any …
This week’s Agents of Impact Call continued a tradition started nearly a decade ago by Fran Seegull of the US Impact Investing Alliance …
ImpactAlpha, Sept. 29 – It’s the age-old struggle: labor vs capital, workers vs. owners. But what happens when employees get a stake in the …
ImpactAlpha, August 25 – A growing ecosystem of Native-led entrepreneurs, lenders, financial intermediaries and nonprofits are driving Indian Country’s emerging economy. “It’s kind …
ImpactAlpha, July 28 – Most historically Black colleges and universities were formed during the Reconstruction era. In the more than a century since, Spelman, …
ImpactAlpha, Jun. 22 – Even as some politicians ramp up anti-ESG rhetoric, asset owners and allocators are signaling an appetite for investment strategies …
ImpactAlpha, Mar. 31 – The search for a universal metric to guide investments in racial justice and equitable wealth-building was…aspirational. “We are still a …
ImpactAlpha. Feb. 24 – “A labor market where workers have more opportunities and have more power and have more leverage is a good …
🎧 This Week in Impact. Host Brian Walsh takes up ImpactAlpha’s top stories with editor David Bank. Up this week: federal funds to …
The era of cake-ism (as in having it and eating it, too) has come to an inglorious end. “I think we’re in an …
Host Brian Walsh dives into ImpactAlpha’s top stories, with commentary from editor David Bank. Up this week: Tracking the players building the US’s …
ImpactAlpha podcasts are back! We’re pleased to share our revamped interview show, Agents of Impact, hosted by David Bank and Sherrell Dorsey, founder …
Impact(ed) is part of the ImpactAlpha Podcast Network, a set of shows hosted and produced by leading voices in impact and sustainable investing, …
On This Week in Impact, Brian Walsh dives into some of ImpactAlpha’s top stories, with commentary from editor David Bank. This week: the …
Venture capital invested nearly $500 billion in 2022. By investing into startups seeking transformational scale, successful venture-backed companies have the potential to change …
ImpactAlpha, Dec. 29 – “Net zero is not going to get us anywhere,” Ariane Mahler of Veridien Global Investors told David Bank of ImpactAlpha …
ImpactAlpha, Dec. 22 – Diverse innovators building for all customers in large industries like digital health, fintech and the future of work have been …
The numbers tell the story: overall attendance at COP28 is up threefold from last year – and the number of fossil fuel lobbyists …
Private foundations collectively control more than a trillion dollars of capital invested across a variety of traditional asset classes. A small portion of …
ImpactAlpha’s Amy Cortese speaks with Full Cycle’s Stephan Nicoleau at the start of COP 28 to hear what he’s expecting – and hoping …
Developing an investment strategy that meets our fiduciary requirements as resource stewards, embodies our racial justice values, and prioritizes the communities we serve …
(Editor’s note: In this conclusion to ImpactAlpha’s four-part Macro Impact series, contributing editor Rob Brown parses the economic signals for public and private …
Editor’s note: This guest post is sponsored by Impact Ventures by J&J Foundation, which supports ImpactAlpha’s Investing in Health coverage. In partnership with …
Editor’s Note: This article is part of a partnership between ImpactAlpha and Mission Investors Exchange (MIE) to present new ideas and perspectives in …
The way housing is financed and constructed in the United States has experienced little change in decades, leading to skyrocketing costs, barriers to …
“One million lives touched.” “800 jobs created.” “50,000 acres of land restored.” Capital allocators often see these types of punchy headlines in the …
Impact Frontier’s Impact Reporting Norms target a leverage point in the impact investing system: impact reporting. They promise to provide greater clarity and …
Ashish Kumar is a long-time climate investor and a market / ecosystem builder. He is a strategic advisor to Mati Carbon. This month, …
In one of Puerto Rico’s poorest neighborhoods, you can find what economists might call a “green shoot.” The plan for Oasis, a six-acre, …
Development finance institutions like to style themselves as the original impact investors. It was Lord Reith, the first chairman of the UK’s development …
To achieve stated climate goals, the U.S. government is embarking on what should be the largest coordination of private and public capital aimed …
In a world in which the UN SDG financing gap continues to grow, we face a double hurdle: blended finance is still struggling …
The winner of a contest to sharpen the impact lens of students through deal sourcing and diligence was a team from London Business …
ImpactAlpha, January 26 – Ines Schiller got the idea for seaweed tampons while training in South Africa to be a marine environment guide. …
ImpactAlpha, Dec. 23 – Bold leaders. Taking action. Driving impact. That’s the tagline we’ve used for the dozens of Agents of Impact we profiled …
This article originally appeared on Inside Climate News, a nonprofit, independent news organization that covers climate, energy and the environment. It is republished …
Sustainable development? “More of the same.” Forest carbon credits? “Outside-imposed extraction.” Impact investing? “Are we really going far enough? Or are we just …
ImpactAlpha, September 8 — In 15 years in impact investing, Christopher Bentley noticed “a lot of for-profit companies focused on the criminal justice …
ImpactAlpha, August 18 – Monica Brand Engel’s advice to impact investors is this: Imperfect execution is ok. “Authentic impact is about accepting imperfection …
ImpactAlpha, Aug. 11 – Samuel Yeboah isn’t discouraged by the economic storm battering his home country of Ghana and many other emerging economies. “As …
Many investors look at promising new climate solutions and say, ‘Great, come back to me when you have traction.’ Azolla Ventures is more …
ImpactAlpha, June 30 – The first thing that Katherine Stodulka does when you meet her is suggest you meet someone else. Then she’ll …
ImpactAlpha, May 26 – A decade ago, investors pushed back against the loan products Jessica Espinoza was designing for female business owners as …
ImpactAlpha, May 12 – Nigeria-born climate entrepreneur and “professional nomad” Aina Abiodun is bullish on place-based climate innovation. “There is nothing more urgent than …
Antigua, Guatemala was the place last month to take stock of the impact investing ecosystem in Central America and the Caribbean. More than …