We will need to shift financial capital. Trillions of dollars need to be moved from destructive activities to effective climate solutions. That means a combination of divesting (from fossil fuels, for example) and investing (in energy efficiency, renewable energy, sustainable agriculture, advanced materials, etc.). These shifts in capital might begin with philanthropy and endowments managers, followed by impact investors and enlightened pension and sovereign funds, and grow to include more private investors. Government policies and spending will also be an instrumental part of shifting capital.
Dr. Jonathan Foley
