Renat Heuberger, founding partner and CEO of South Pole, writes how a well-designed net-zero strategy must tackle the climate crisis and promote economic opportunities for the less privileged at the same time.
He highlights situations around the world, where global warming has increased inequality and that rising inequality could drive millions of people to seek safer havens.
Heuberger discusses how the cycle of climate change and inequality can be broken through investments in emissions-reduction projects and clean technologies that can provide opportunities to disadvantaged parts of society.
Heuberger also describes what a "net zero" strategy is. He says that a net-zero strategy should strive to achieve two goals: to reduce all possible direct and indirect greenhouse gas emissions, and to bring GHG emissions outside one's own system boundaries down to zero and ideally below zero to become "climate positive". Read the Entire Article
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The New York Green Bank gets an initial $210 million of funding boost from the state for its early 2014 launching. It’s the first bank that is committed to reinforcing the lineup of clean technologies.