Aligning Finance to the Paris Agreement and Biodiversity goals
We aim to encourage investors to shift money from fossil fuels and heavy greenhouse gas emitting sectors into climate and nature solutions.
Since 2015, we have been strong supporters of the global divestment movement.
Divest Invest is a simple but powerful act of removing investments in the largest fossil fuel extraction companies and investing in climate and nature solutions, including renewable energy.
We have engaged with many different organisations and institutional investors as part of this work.
A grantee we have supported under this focus area:
Green Finance Institute
The Green Finance Institute develops financial solutions to accelerate the transition to a low carbon future.
In 2021, it launched a campaign with Abundance to encourage UK local councils to set up local climate bonds. Local climate bonds are financial products launched by local councils to generate funding and allow local people to invest in low carbon community projects (i.e. solar panels).
So far eleven local councils have issued local climate bonds to generate income for local green projects, raising over £9.5m combined.
