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Which investors are bridging the gap in research funding?

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

Seven trends are transforming the global landscape through 2035

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

Renewables are no longer ‘alternative.’ Fossil fuels are ‘legacy.’

The decision facing investors, from American families with 401(k)s to managers of the world’s largest pension and sovereign wealth funds, is whether to bet on the low-carbon energy transformation now well under way – or stick with business-as-usual. At stake is not only retirement security but whether the end of the fossil fuel era is

Inspired Evolution raises $90 million for South African solar and wind projects

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

Opti’s $5.5 million raise shows growing interest in climate tech

Climate Finance The stormwater management system Opti has raised $5.5 million to build out its infrastructure monitoring services as U.S. cities cope with increased flooding and water quality issues. Extreme weather events topped the list of concerns at the World Economic Forum last month. The Alliance for Integrative Approaches to Extreme Environmental Events launched with $3 million

Armenia to open bids for its first solar power plant

Climate Finance Armenia is building out its renewable energy capacity. Construction on the South Caucasus country’s first ever solar plant is expected to begin in 2017 and be completed by 2020. The 40 to 50-megawatt plant in the east-central part of the country is part of a $58 million program to improve the country’s capacity for

University of California breaks with Wells Fargo over values

The University of California is the latest to tell Wells Fargo it is taking its banking business elsewhere. UC canceled $475 million in business with the bank, including a $300 million line of credit. The university was under pressure from the Afrikan Black Coalition over Wells Fargo’s investments in private prisons, but a university spokesman said