Women Rising South African firm stakes $37 million on new fund for renewables and women-owned businesses Sekunjalo Investment Group in Cape Town hopes to raise two billion rand ($150 million) to spur South Africa’s impact investment sector. Sekunjalo is seeding a new fund with 500 million rand ($37 million) of its own capital to attract
Climate Finance The US will soon be mostly powered by renewables and natural gas. Already, half of the US energy needs are being met by renewables (15 percent) and natural gas (34 percent) energy. That represents a 12 percentage-point increase in the last five years, according to Bloomberg New Energy Finance’s annual Sustainable Energy in America report.
Climate Finance Former Secretary of State James A. Baker III and party elders are pushing a “conservative climate solution.” In return for a $40 per ton tax on carbon dioxide, the plan would scrap the Obama administration’s Clean Power Plan and protect fossil fuel companies against any lawsuits for damage to the environment. Baker was
Climate Finance The fate of climate and other public research may be in the hands of private investors and philanthropists as the EPA and other agencies face cutbacks under the Trump administration, reports FastCompany. Who’s stepping up? In January, Al Gore stepped in to revive a CDC climate and health conference in Atlanta. Bill Gates, Vinod
Climate Finance The new report from the National Intelligence Council assessing the forces and choices shaping the world for the next 20 years was released last month. Check out the major trends: The rich are aging, the poor are not. The global economy is shifting. Weak economic growth will persist in the near term. Technology is accelerating progress
Climate Finance Inspired Evolution has raised $90 million for South African solar and wind projects. The funds, from unnamed development finance institutions, will boost South Africa’s supply of electricity and help it wean itself off coal. The first close for Inspired Evolution’s second fund will let it continue to invest in solar and wind projects across