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Re-Investment Institute: Moving Forward from Divestment to Investing in Climate Solutions

  • Sierra Club Foundation 2101 Webster Street, Suite 1250 Oakland, CA 94612 (map)

This event is for Foundations and Family Offices only

 

The fossil fuel divestment movement has inspired more than $5 trillion dollars in institutional assets under management to reinvest in a clean energy economy.  Within that movement, more than 155 foundations signed on as Divest Invest Pledge Signatories making a commitment to re-invest 5% of their portfolios in climate solutions. This represents a tremendous opportunity, putting philanthropy’s collective re-investment pledge at approximately $1.5 billion dollars. These resources, once deployed, can be used in myriad of exciting ways to catalyze a clean, just energy future.
 
Yet investing in the rapidly advancing clean energy economy is not as simple as it sounds. Along the way many foundations have found themselves stuck and unable to move forward, while others have made modicums of progress, but still hunger to do more.  Barriers to capital deployment include the complexity of due diligence in high tech companies or experimental sequestration technologies; faux-green marketing; early stage high risk; the overall din of the growing sustainability investment industry, and last but not least, politics.
 

This event is for asset owners only, including foundations, family offices and their officers. Convened by the The Climate Solutions Collaborative, a working group of Confluence Philanthropy and CREO Syndicate, this event will help you to gain the support that your foundation needs to accelerate your climate investing. In this full day workshop we will create an atmosphere of peer support as we discuss and learn from one another in a small group setting about how to overcome some of the barriers to climate investing and where to pursue opportunities that are right for your institution. Discussion and presentation will canvass the full investment spectrum, from program related investments to investing from the corpus. Special attention will be given to finding opportunities in a variety of asset classes and how to proof test a climate investment to ensure that it is indeed a climate solution.

Topics include:

  • Welcome Address by Danny Kennedy, Managing Director, CALCEF

  • Presentation and discussion: what makes a climate investment?

  • Re-Investment approaches presented by foundations and their investment managers including; The Swift Foundation and Manchester Capital, The Leonardo DiCaprio Foundation and Pegasus Advisors, The Libra Foundation and Pi Investments, and The Forsythia Foundation and Brownson, Rehmus and Foxworth.

  • Gaps and opportunities in the field of climate investing across asset classes

  • Ample group dialogue, sharing and discussion

This event is for Foundations and Family Offices only

If you are interested in attending, please contact Mark Allegrini at Mark@confluencephilanthropy.org