Partnership to Encourage and Document Climate Finance on University Campuses
January 16, 2020
PPEH collaborates with Wharton Social Impact Initiative on Challenge to Invest University Endowments for Climate Solutions
Over the summer of 2019, PPEH initiated a collaboration with Wharton’s Social Impact Initiative (WSII) to challenge teams at colleges and universities across the country to invest a college endowment to drive climate solutions while generating a healthy return on investment. When thinking about many fund managers' resistance to taking meaningful action to stem the climate crisis, we at PPEH wanted to know: can you make money while acting on climate? It's a question a lot of smart climate activists have been asking. Maybe you saw writer Bill McKibben's essay in The New Yorker that circulated widely in fall 2019, "Money Is the Oxygen on Which the Fire of Global Warming Burns."