Amazon’s Pledge of $2B to Reduce Their Carbon Footprint: The Climate Pledge Fund
In June, Amazon announced their $2B venture capital fund, the “Climate Pledge Fund” that would be dedicated to investing in sustainable technologies and services. The fund is a part of a larger initiative announced in 2019 called The Climate Pledge. Amazon launched this initiative alongside Global Optimism with the goal of meeting Paris Agreement net zero carbon milestones by 2040, ten years earlier than the Agreement’s goal to meet it by 2050. Prior to the announcement of the Climate Pledge Fund, Amazon had already been investing in reforestation and other climate change related projects with their $100M Right Now Climate Fund.
How sustainable technology starts with impact investing
Paula Golka2020-06-16T23:36:21-07:00The United Nations state that “in order to prevent warming past 1.5 degrees Celsius and extreme climate change, we will need to reach net-zero emissions by 2050”. This goal paves the way for technological developments that help protect the environment and has raised the interest of many investors.
Dr. Walter Schindler2020-04-07T20:22:31-07:00
As most of us continue to work from home, and we stay inside and away from others in the hope of hindering the spread of the coronavirus (COVID19), it’s important to contemplate several links between the slow mover climate change and this horrific quick-moving outbreak.