Action to ensure your own savings are invested in the solutions to the climate crisis, not the causes, is an important way to protect both your assets and the climate. You can move your savings into a fossil-free investment portfolio, make investments directly in companies supporting the energy transition, or select “impact investments”. These kinds of changes will help the planet and help to change the financial industry.
The carbon footprint of a personal investment portfolio can be substantial, undermining important efforts to reduce your own climate impact. Watch our webinar featuring Tim Nash of Good Investing and Mary Robinson of the Responsible Investment Association, all about the potentials and pitfalls of climate responsible investment.
A green bond is used to finance environmental projects. They are often bought by pension funds and wealth fund managers, but more recently they have been offered to individuals. Green bonds provide one of the few opportunities for investors to put their money into climate change solutions. Find out more here.
Need more of a primer on green bonds? Check out Queen’s University’s Institute for Sustainable Finance to get valuable information on the ins and outs of green bonds.
Fundraising for Sustainability
The majority of grassroots environmental organizations rely on donations to keep going. Often the first steps to action is to get out your chequebook. The County Sustainability Group has partnered up with RainBarrel.ca to raise money by selling rain barrels across Prince Edward County and Belleville. All the funds raised will go to The PECI Student Environmental Award and County Organic Farmers Award.
Take a look through our Network of climate organizations across Ontario to see who you’d like to contribute to!
Taking Action Through Savings, Investments and Spending Power – Susan Tanner and Irvin Waller
“We are social justice advocates who are still working many hours to sustain human life on this planet without violence and state brutality. We had to rely on financial planners to manage our investments and for a few years were frustrated at not being able to find funds that reflected our social justice goals. After repeated requests, we found a financial planner who shifted us into a new Sustainable Equity Fund, which invests in best-in-class companies aligned with the UN Sustainable Development Goals, including Gender Equality, Clean Energy, Reduced Inequality, Climate Action, Peace and Justice! It specifically excludes gambling, weapons, and those related to traditional energy/fossil fuels.
~ Susan Tanner and Irvin Waller