ImpactAlpha, May 14 – The science was undermined. The economics were ignored. But the case for jobs and livelihoods in the wake of the COVID crash may finally succeed in driving decisive action on climate change. Even in the first few months of the Great Pandemic, climate politics have already gone through several spin cycles.
Eighteen East Capital’s Thomas Venon writes in a guest post on ImpactAlpha that argues for insurance, rather than debt, to provide relief to small and medium-sized enterprises hard hit by the fallout of the COVID crisis.
Forget buybacks. Companies looking to build a business environment of shared prosperity have a range of options.
Now is the time for investors, particularly impact investors, to step up.
Cargill and the Walton Family Foundation are backing a pay-for-success funding initiative to encourage Iowa's soy farmers to invest in soil health improvements and water conservation.
Naturevest is working with 20 island nations on similar deals to refinance their debt and use the savings for marine protection.
That the fund went “from conception to announcement to disbursement within less than two weeks is a sign of what is possible when everyone acts with a sense of urgency and mutual trust,” says Bugg-Levine, who has led NFF since 2011.