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.
U.S. non-financial corporations still are sitting on over $4 trillion in cash. How they deploy it before, during and after the pandemic is becoming both a political and management issue that could shape the economy for decades.
Forget buybacks. Companies looking to build a business environment of shared prosperity have a range of options.
“Cutting dividends signals to investors the business-as-usual growth strategy is no longer working,” CarbonTracker’s Mike Coffin.
Even before the COVID crisis, this year’s annual general meeting season was shaping up as pivotal.
"Whether or not we intended it or we yet see it, that older economic order is coming apart at the seams. That creates chaos, immense pain, and political detours, but over time it creates the market conditions and opportunities where very different types of ventures can come through."
Naturevest is working with 20 island nations on similar deals to refinance their debt and use the savings for marine protection.