Climate Rising

Today’s episode in our corporate net zero climate series features Paul Bodnar, Director of Sustainable Finance, Industry, and Diplomacy, Bezos Earth Fund, and former Global Head of Sustainable Investing at BlackRock. Paul discusses how investors approach the complex web of weighing climate priorities with fiduciary responsibilities. He also talks about his career in the private, public, and nonprofit sectors and where he thinks the next big climate-related investment priorities will be.

For transcripts and other resources, visit climaterising.org

Climate Rising Host: Professor Mike Toffel, Faculty Chair, Business & Environment Initiative

Guest: Paul Bodnar, Director of Sustainable Finance, Industry, and Diplomacy, Bezos Earth Fund

What influence does business have on the politics of climate change? In today’s episode, we'll look at how climate change affects different businesses, and how proposed regulations like a carbon tax could help or harm business. Weighing in with their unique perspectives are Auden Schendler from Aspen Skiing Company, Bill Eacho from the Partnership for Responsible Growth, and Professor Mike Toffel.

Ingrid Irigoyen, Director of the Aspen Institute Shipping Decarbonization Initiative, discussesthe importance of decarbonizing global maritime shipping, the opportunities and challenges, andhow the Aspen Institute is working with Amazon, IKEA, Unilever, Michelin, and othercompanies to accelerate the effort. Ingrid also talks about how her background in mediationhelps her convene and collaborate with diverse stakeholders, and she reflects on why a career inclimate mitigation is a rewarding long-term strategy.

For transcripts and other resources, visit climaterising.org.

Guest: Ingrid Irigoyen, Director, Aspen Institute Shipping Decarbonization Initiative; AssociateDirector, Ocean and Climate, for the Aspen Institute Energy and Environment Program

Shalini Vajjhala and Jamie Rhodes of re:focus partners share new thinking on how they are helping communities design and finance climate resilience projects needed to protect municipalities from the physical impacts of climate change, including more intense storms, sea level rise, droughts, and wildfires. They discuss resilience bonds, an innovative financial instrument that is enabling communities to finance large-scale infrastructure projects by capturing value from the costs they avoid to create a “revenue stream” from those savings.

Climate change poses two very different challenges to the U.S. Navy. First, the Navy has to buttress its billions of dollars of shoreline assets against rising sea levels. Second, it has to plan to be called on more often to address both military threats and humanitarian crises caused by climate change. In this episode of HBR Idea Cast, Climate Rising host Harvard Business School professor Mike Toffel and his colleague Forest Reinhardt discuss how the U.S. Navy is both addressing climate change and adapting to it. They explain what the private sector can learn from the Navy’s scientific and sober view of the world. Reinhardt and Toffel are the authors of the Harvard Business Review article, “Managing Limate Change: Lessons from the U.S. Navy”.

For transcripts and other resources, visit climaterising.org

Resources:

• S. Department of Defense report: DOD Installation Exposure to Climate Change at Home and Abroad (April 2021)