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Tue, 2011-08-30 10:17 — mdmcdonald
This working group is focused on sustainable economics and financial balance within resilient social ecologies.

The mission of this working group is to build sustainable economy and financial balance within resilient social ecologies.

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Corey Watts david hastings Elhadj Drame John Girard Kathy Gilbeaux LintonWells
Maeryn Obley mdmcdonald Samuel Bendett
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economics@m.resiliencesystem.org

ANALYSIS: Solar Panel Prices have dropped sharply since 2016

Wed, 2020-09-02 18:50 — mike kraft
Solar Panel Prices Have Dropped Off Cliff & Sunk Into Ocean — Solar Panels 9× Cheaper Than In 2006 CleanTechnica

by  

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Federal spending on COVID-19 vaccine candidates tops $9 billion, spread among 7 companies

Wed, 2020-08-12 09:35 — mike kraft
Federal spending on COVID-19 vaccine candidates tops $9 billion, spread among 7 companies Amid the coronavirus pandemic, the federal government has allocated more than $9 billion among 7 companies to develop and make COVID-19 vaccine. Karen Weintraub and Elizabeth Weise USA TODAY
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WHO decries 'vast global gap' in funds needed to fight coronavirus

Mon, 2020-08-10 10:16 — mike kraft
WHO decries 'vast global gap' in funds needed to fight coronavirus There is a "vast global gap" between funds needed to fight the coronavirus pandemic and funds committed, World Health Organization chief Tedros Adhanom Ghebreyesus said on Monday, and the WHO was only "10% of the way" there. Stephanie Nebehay U.S.
 
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Trump signs executive order to boost U.S. drug manufacturing

Thu, 2020-08-06 20:31 — mike kraft
Trump signs executive order to boost U.S. drug manufacturing President Donald Trump on Thursday signed an executive order aimed at boosting U.S. production of medicines and medical equipment, lowering drug prices and protecting the United States against shortfalls in a future pandemic. Jeff Mason U.S.
 
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Virus wipes out 5 years of U.S economic growth

Fri, 2020-07-31 09:53 — mike kraft

The coronavirus pandemic’s toll on the nation’s economy became emphatically clearer Thursday as the government detailed the most devastating three-month collapse on record, which wiped away nearly five years of growth.

Gross domestic product, the broadest measure of goods and services produced, fell 9.5 percent in the second quarter of the year as consumers cut back spending, businesses pared investments and global trade dried up, the Commerce Department said.

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XPrize to give $5 million to creator of cheap, fast COVID-19 testing

Thu, 2020-07-30 21:28 — mike kraft
XPrize to give $5 million to creator of cheap, fast COVID-19 testing Google and Amazon are backing it, among others. Shannon Connellan Mashable

Tech giants including Google and Amazon pledged support for a $5 million competition to accelerate cheap and fast COVID-19 testing in the U.S.

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Remittances: They Crossed Oceans to Lift Their Families Out of Poverty. Now, They Need Help.

Mon, 2020-07-27 13:56 — mike kraft

...Around the globe, the pandemic has jeopardized a vital artery of finance supporting hundreds of millions of families — so-called remittances sent home from wealthy countries by migrant workers. As the coronavirus has sent economies into lockdown, sowing joblessness, people accustomed to taking care of relatives at home have lost their paychecks, forcing some to depend on those who have depended on them.

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James Dimon's Warning for the U.S. Economy and uncertainties ahead

Sat, 2020-07-25 21:06 — mike kraft
Jamie Dimon's warning for the U.S. economy — nobody knows what comes next More than four months into the coronavirus pandemic, the financial damage wrought by the outbreak has yet to fully register. Hugh Son CNBC
  • The range of outcomes for the economy in the second half is incredibly wide: JPMorgan Chase sees no fewer than five different paths it can take.
  • The bank has gotten more pessimistic, seeing unemployment in its default “base” scenario hitting nearly 11% by the end of this year, 4.3% worse than when it made the same forecast in April.
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‘Urgent’ Need for Businesses to Adapt to Growing Threat from Climate Change, McKinsey Says

Sat, 2020-01-18 22:48 — Kathy Gilbeaux

           

A dog looks out of a house flooded by Hurricane Maria, in Catano town, Juana Matos, Puerto Rico, on September 21, 2017.  Hector Retamal | AFP | Getty Images

CLICK HERE - REPORT - Climate risk and response: Physical hazards and socioeconomic impacts - January 2020

cnbc.com - by Pippa Stevens - January 16, 2020

KEY POINTS

McKinsey said trillions of dollars in economic activity and hundreds of millions lives are at risk from a changing climate.

“Much as thinking about information systems and cyber-risks has become integrated into corporate and public-sector decision making, climate change and its resulting risks will also need to feature as a major factor in decisions,” McKinsey Global Institute director Jonathan Woetzel said.

BlackRock CEO Larry Fink warned this week that the intensifying climate crisis will bring about a fundamental reshaping of finance, with a significant reallocation of capital set to take place “sooner than most anticipate.”

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Banks Worth $47 Trillion Adopt New U.N.-Backed Climate Principles

Mon, 2019-09-23 17:56 — Kathy Gilbeaux

           

Smoke billows during a fire in an area of the Amazon rainforest near Porto Velho, Rondonia State, Brazil, September 17, 2019. REUTERS/Bruno Kelly

CLICK HERE - UN - Principles for Responsible Banking

reuters.com - by Matthew Green - September 22, 2019

Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed “responsible banking” principles to fight climate change on Sunday that would shift their loan books away from fossil fuels.

Deutsche Bank (DBKGn.DE), Citigroup (C.N) and Barclays (BARC.L) were among 130 banks to join the new framework on the eve of a United Nations summit in New York aimed at pushing companies and governments to act quickly to avert catastrophic global warming.

“These principles mean banks have to consider the impact of their loans on society – not just on their portfolio,” Simone Dettling, banking team lead for the Geneva-based United Nations Environment Finance Initiative, told Reuters.

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