The second anniversary of the Inflation Reduction Act (IRA), signed into law on August 16, 2022, marks a moment of reflection on one of the most ambitious legislative efforts in U.S. history. Designed to address climate change, healthcare costs, and economic inequality, the IRA is celebrated by Democrats and criticized
Key Impact Points: The Challenge Heinz is facing a new climate reality: its prized tomatoes, grown in California, are under threat as heat waves scorch the region. This year’s heat shattered records, putting the crop’s yield in question. “Some people say 20%,” said Patrick Sheridan, Kraft Heinz’s vice president of
This week, several communities in Canada’s Far North experienced their hottest temperatures ever recorded, marking a historic heat wave across the Arctic Circle. In a rare meteorological event, temperatures in parts of the Northwest Territories soared higher than those in Miami, Florida, highlighting the extreme and unusual nature of this
In the report “Materiality in the Long Now: Navigating the Intersection of Decision-Making, Time, and Strategy,” Daniel M. Labovitz and Alexander Kontoleon critically examine the traditional concept of materiality in the context of climate and sustainability reporting. They argue that the prevailing focus on short-term impacts—the “Short Now”—is insufficient for
How to Fund Biodiversity and Fight ‘Biopiracy’ As negotiators from 196 countries prepare to gather at COP16 in Cali, Colombia this October, a critical challenge looms large: how to bridge the staggering $200 billion annual funding gap for biodiversity protection and restoration. Addressing this gap will be at the top
Pegasus Capital Advisors, a leading global private markets impact investment manager, has announced two major milestones: the passage of the Blue Green Bank Act and the signing of a funding agreement with the Green Climate Fund (GCF). These achievements mark significant progress in the establishment of the Blue Green Bank
Key Points: As regulators, investors, and stakeholders worldwide increasingly demand more rigorously produced sustainability data, companies are recognizing the strategic importance of climate change. This has led many organizations to develop plans to reduce emissions and manage climate-related risks and opportunities. For companies, complying with these demands for more detailed
Key Impact Points: As the rain poured down on the Stade de France, the memories flooded back for Julien Alfred, who had just crossed the finish line as the Olympic 100-meter champion, securing St. Lucia’s first Olympic medal. With tears in her eyes, she dedicated her victory to her late
Key Impact Points: Resilient Leadership in the Face of Adversity Lorenzo Sanford, at 26 years old, stands as the youngest Chief in the history of the Kalinago people, embodying the resilience and urgency of his community in the aftermath of Hurricane Maria. His election came in the wake of devastation,
Key Impact Points: Seven influential environmental advocacy groups have announced their endorsement of Vice President Kamala Harris for President in the upcoming election, emphasizing her strong track record on climate issues and leadership in environmental justice. This coalition includes 350 Action, the Center for Biological Diversity Action Fund, Clean Water
