ImpactAlpha, July 3 – Technology to capture, store and use carbon dioxide could take 500 million tons of the greenhouse gas per year out of the atmosphere by 2030, a 10-fold increase from today, according to a new McKinsey report. Key to making the technology cost-effective: a price on carbon. The development of carbon-negative technology
The new round of debt and equity funding, led by alternative credit provider Upper90, positions the B Corp. and community development financial institution to expand financial services products and software to more nonprofit partners.
The funds have at least $2.6 billion in capital to invest in firms and projects generating revenue from tropical forestry and agriculture products and benefiting smallholder farmers and forest-dependent communities.
CIM has secured $10 million to help fintech lenders get small business loans flowing to underserved businesses. Its first partner is Camino Financial, which lends to undocumented Latinx micro-business owners.
XX, an accelerator spun out of the crowdfunding site WeFunder, is changing things up.
The recent financing of Native American Natural Foods includes a host of terms that ensure the company stays Native-owned and fosters community health, security and opportunity for the long-term.
“We want to push everyone to act now as opposed to waiting for some of those bills to pass, because we don't have time to wait,” says Raise Green’s Franz Hochstrasser.