Private capital supports humanitarian aid in Ukraine

While governments are donating billions of dollars in cash or equipment to support Ukraine, private capital from large and small donors alike has a critical role in supporting relief efforts now and rebuilding Ukraine in the future. • Nearly $343 million was raised in response to the crisis in Ukraine. • Reconstruction of Ukraine postwar will be the biggest undertaking in modern European history. • Cash-strapped Ukraine resorts to issuing war bonds. First published in Wealth and Society at https://www.wealthandsociety.com/updates-and-articles/private-capital-supports-humanitarian-aid-in-ukraine

Clothing Causes Climate Change. Lifestyle Changes can Reduce the Impact.

From Levi and H&M to Patagonia and Gucci, brands are starting to create more sustainable clothing. With production of cotton for a single pair of jeans using as much water as a person drinks in 10 years and 65 percent of clothing being made of oil-based polymers, however, clothing could keep causing climate change for decades. The key to sustainability is consumers reducing their environmental impact with an eco-friendly approach to their clothes.

Business leaders must clean up quickly to cash in on COP26

While there was disappointment that delegates at the Conference of the Parties (COP26) in Glasgow did not do more to mitigate climate change, COP26 ended with a commitment to phase-down fossil fuels and a pledge to end deforestation. Although these are country level commitments, but business leaders and companies will be the ones that need to drive the change that stops global warming. More than 100 countries have agreed to cut their methane emissions by 30% by 2030 under the Global Methane Pledge According to International Energy Agency (IEA), global oil demands must drop by 75% to attain net-zero targets. 40% of global energy-related carbon emissions result from the existing buildings according to the World Green Building Council.

Wealthiest 10% are responsible for half of global carbon emissions

With the UN Conference of the Parties (COP26) in Glasgow focusing on countries and companies taking action to mitigate climate change, individuals might feel there is little they can do. However, the world’s wealthiest can have the biggest impact. With the UN Conference of the Parties (COP26) in Glasgow focusing on countries and companies taking action to mitigate climate change, individuals might feel there is little they can do. However, the world’s wealthiest can have the biggest impact.

Net Zero Emissions is Not Enough. The Real Goal is Absolute Zero

Net Zero emissions is getting plenty of attention as the world seeks to mitigate climate change. Realistically, though it’s not enough. As Fortescue Metals Group CEO Andrew Forrest put it, “Net Zero isn’t a real solution. It’s carte blanche to continue using fossil fuels (and) offset emissions by capturing carbon, burying it, or planting enough trees.” What we really need is Absolute Zero, which means eliminating emissions. And it actually is possible.

Your Clothes and Fashion Choices can Cause Climate Change, so Choose Carefully

Wearing clothes might seem like it doesn’t hurt the environment nearly as much as driving and flying or a multitude of other polluting activities. The reality, though, is different. Every time we get dressed, we literally put climate change on our backs. Indeed, the textile industry is one of the world's worst polluters. Changing what we wear can help reduce climate change and protect the environment.
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