Finance and banking companies go where the money goes, and the money is headed straight towards clean energy to the fine tune of billions and billions of dollars. Earlier this year Citi Bank pledged $100 billion towards renewable energy over the next decade. Bank of America followed up with a finance target of $125 billion. Investing giant Goldman Sachs announced last week it would triple its allocations in clean energy finance to $150 billion and we haven’t even mentioned what investors overseas are contributing. And where investors are placing their money on clean energy, universities around the world are divesting from fossil fuels. Just yesterday, ten more universities in the UK announced they were in the process of moving money away from fossil fuels to join the global movement that has already seen more than 2,000 institutions and 400 individuals divest over 2.6 trillion dollars.
Billions of dollars are fueling clean energy and climate action
More of Today's Solutions
How this city in Illinois plans to stop homelessness by the end of the year
Less than a decade ago, more than 700 people were homeless in the small, 150,000 person city of Rockford, Illinois, about 90 miles northwest ...
Read MoreThis map shows what Indigenous land you live on
If you’ve attended a virtual lecture or presentation lately you may have noticed that the speakers initiated the event with an acknowledgment of which ...
Read MoreMore on beavers and rewilding
We decided to dust off and update this innovative solution to restoring habitats with the most industrious aquatic mammal: beavers. At The Optimist Daily, ...
Read More9 driving changes you can make to save more and burn less
Gas prices keep going up. While many of us can’t yet afford an electric vehicle, and we still need to get places, there are ...
Read More
