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Cities and states have powerful roles to play in divesting from fossil fuels and directing investments toward sustainable industries. There are a number of ways for these sub-national actors to participate in the divest/invest movement and help pave the way for more widespread action.
In this episode of Political Climate’s DITCHED series, we go to the home of Wall Street and look at steps being taken by New York City and New York State to accelerate the movement of funds from brown to green resources.
We speak to NYC’s chief climate policy advisor Daniel Zarrilli about the city’s pledge to fully divest its pension funds from fossil fuels. Then, in the second half of the episode, we speak to NY Green Bank President Alfred Griffin about how green banks operate and the role they fill in transforming financial markets.
*Since this podcast aired,New York State announced it will divest its $226 billion pension fund from fossil fuels, becoming the largest pension fund to make such a commitment to date. Both New York City and New York State have now pledged to fully divest from fossil fuels. New York State went even further by setting a 2040 carbon-free target for all parts of its portfolio.
NYC: Mayor, Comptroller, Trustees Announce First-In-The-Nation Goal to Divest From Fossil Fuels
Plastic pollution is one of the direst environmental crises we face. Worse yet, nearly all the plastic ever created still exists in some form today yet much of it has merely broken down into microplastics–microscopic fragments of plastic that are ubiquitous in the environment. They’re in food, seaspray, and now, according to new research published […]
The retailer H&M, which has long given a discount to shoppers who bring in old clothes to recycle, is taking its “game” to a whole new level. They’re partnering with Game of Thrones’ star Maisie Jones to promote their sustainability programs both online and in real life. Jones now has an avatar, and both of […]
by Natasha Lasky, ODP Staff Writer A new UN report suggests that plastic pollution isn’t just a threat to marine life — it’s also an issue of environmental justice. The report, titled Neglected: Environmental Justice Impacts of Plastic Pollution, highlights that poor nations and communities around the world disproportionately suffer the effects of plastic waste. This […]
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