Which companies are going to thrive in a carbon-constrained future? It’s a critical question that the capital markets are currently ill-equipped to answer. Citigroup Investment Research, in partnership with WRI’s Capital Markets Research Team, looked at the risks and opportunities that climate change is creating for business. The findings were distributed to Citigroup’s real client base, including the largest investment and mutual funds in the world. When Citigroup, the world’s largest financial services company, says there are opportunities to make money solving climate change problems, investors will listen and other financial institutions will be inspired to follow. This is an example of the power of market-based strategies to steer business investment and innovation toward solutions to environmental and development challenges.
WRI established its U.S. office in 1982. We work to improve water quality, increase awareness of local climate change impacts, and identify cost-effective emissions-reduction opportunities in the United States. Learn more about our work in the United States.
Our work with Time Inc., the world’s largest magazine publisher, is a terrific example of the successes enabled by our partnership-based approaches. While many companies set their own internal greenhouse gas (GHG) reduction targets, Time Inc. announced a GHG reduction target goal for its paper suppliers. This groundbreaking move sets a new standard for a company having impact along its supply chain. Time Inc. worked with WRI to implement this initiative. They also were part of WRI’s Climate Northeast Partnership, working to build strategies that will allow companies to thrive in a carbon-constrained economy. When an iconic company like Time Inc. takes confronting global climate change seriously, other industry leaders take heed.
Mandatory reporting programs help build a strong foundation to manage greenhouse gas (GHG) emissions and strengthen countries’ capacity to adequately tackle climate change. This working paper provides insight into the factors influencing the design and development of reporting programs and...
As the U.S. Environmental Protection Agency (EPA) moves forward with standards to reduce power plant emissions—which are due to be finalized in June 2015—many states are wondering how they will comply. WRI’s fact sheet series, Power Sector Opportunities for Reducing Carbon Dioxide Emissions, examines the policies and pathways various states can use to cost-effectively meet or even exceed future power plant emissions standards. This post explores these opportunities in North Carolina. Read about additional analyses in this series.
Collaborations to deliver affordable clean energy
International climate action took an encouraging step forward today. President Obama reached agreements with the G-20 and with China to phase down the use of hydrofluorocarbons (HFCs), potent greenhouse gases used in appliances like refrigerators and air conditioners.
As extreme weather events like wildfires, heat waves, downpours, and droughts continue to make headlines in the United States and around the world, many have wondered what their connection is to climate change. A new report sheds some light, firmly drawing correlations between several extreme weather events in 2012 and human-induced warming.
President Obama announced a national climate plan in June 2013, directing the U.S. Environmental Protection Agency (EPA) to set carbon pollution standards for the power sector. Once EPA establishes those standards, states will implement their own plans for achieving those reductions.
WRI analysis finds that North Carolina can reduce its CO2 emissions 29 percent below 2011 levels by 2020 using existing state policies and infrastructure opportunities. These reductions would meet or exceed relatively stringent EPA standards for existing power plants.