Net zero financial alliance launches, fast food giants bow to pressure on climate, upcoming TBLI events & more in this week’s TBLI Weekly!

Jay OwenReforming Global Finance, Sustainability News

The TBLI Weekly

Investment News supporting wealth and well being

  By Samuel Rubinstein

 

UPCOMING TBLI EVENTS

This week’s featured event:


 



 

TBLI HERO

Stephen Brenninkmeijer is our TBLI Hero and dear friend. Stephen has always been extremely supportive of many initiatives that support well being. He was an early impact investor and used his network and influence to get others to embrace investing with a social and environmental dimension. In his various roles on the boards of various for profit and non-profit organisations, he continues to fight to address the looming climate crisis.

He has always been a strong supporter of TBLI, and rarely looks for recognition for his actions.. Through his love of music, he often performs for benefits. A man of faith with a brilliant sense of humour, who understands the phrase “Carpe Diem”. Most of all he is always willing to help others, Thank you for being such a mensch. Congrats.



GFANZ: Net zero financial alliance launches

racetozero­.unfccc­.int

Today, on the eve of President Biden’s Head of State Climate Summit, Mark Carney (the UK Prime Minister’s Finance Advisor for COP26 and UN Special Envoy for Climate Action and Finance) – in partnership with the UNFCCC Climate Action Champions and the UN Race to Zero campaign, and the COP26 Presidency – join the Honorable John Kerry, US Special Presidential Envoy for Climate and the Honorable Janet Yellen, US Treasury Secretary to launch a global alliance that brings together existing and new net zero finance initiatives into one sector-wide strategic forum: The Glasgow Financial Alliance for Net Zero (GFANZ).

Shared by Samuel Rubinstein

 

 Fast food giants bow to investor pressure on climate goals

funds-europe­.com

Fast food giants including McDonald’s and Domino’s are ramping up their climate commitments under pressure from an $11 trillion (€9 trillion) global investor engagement in what has been called a “bre…

Shared by Samuel Rubinstein

 

How can we finance climate adaptation? Nature-based solutions to the Americas’ climate change risks

environmental-finance­.com

Environmental-finance.com is an online news and analysis service reporting on sustainable investment, green finance, and the people and companies active in
environmental markets

Shared by Samuel Rubinstein

 

Will crypto and blockchain shape the future of finance? Experts answer

cointelegraph­.com

One of the reasons for the increasing popularity of, and people’s increasing interest in, crypto lies in the fact that the technology that forms the backbone of cryptocurrency promises more financial inclusion compared with legacy finance. It is especially important for developing countries and emerging markets with fast-growing economic potential — the regions with     the most promising potential for mass crypto adoption.

 And while blockchain cannot solve all of society’s problems, it’s the community behind this   industry that should address the factors causing financial exclusion. Being decentralized in   its origins and driven by the community, the crypto industry indeed greatly prioritizes  diversity and inclusion, including valuing the contributions of women and the LBGTQ+   community.

 Shared by Samuel Rubinstein

 

Investing with a conscience: Foundation pioneers new financial tool

twincities­.com

Like any good magician, Jennifer Reedy makes it look easy.

It seemed like magic when $100 million appeared – poof! – to help address racial inequality.

“It really wasn’t magic,” said Reedy, director of the Bush Foundation of St. Paul. “It’s just a     breakthrough idea to use our money to leverage more money.”

 The foundation conjured up a new kind of financing wizardry, never tried in Minnesota   before — social impact bonds.

  Shared by Samuel Rubinstein

 

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