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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
Spooky season is almost over, how does your everyday werewolf or vampire keep it green this Halloween? While the holiday can easily be filled with candy wrappers, disposable decorations, and costumes your kid will likely never wear again, the internet has some “tricks” to keep your celebrations environmentally friendly. EcoWatch’s list of best methods […]
This past July, all eyes were on Tokyo when over 10,000 Olympians from 206 nations descended on the city to make history. Despite a decrease in carbon emissions due to COVID-19 and fewer traveling spectators, the games still produced 2.3 million tons of CO2. In 2021, The International Olympic Committee (IOC) pledged to reduce […]
Startups across the country are on a mission to provide sustainable food packaging options and close the plastic loop, especially prompted by the pandemic take-out boom. Over 70% of Americans order delivery one to three times a week, creating hundreds of billions of single-use bowls, bags, utensils, and more. But some innovative companies have […]
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