By Hazel Henderson: "Deepening Green Finance"

Apr. 28, 2017 9:49 AM ET
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Green Economy, Circular Economy, Energy, Natural Resources

Contributor Since 2008

Hazel Henderson D.Sc.Hon., FRSA, is the founder of Ethical Markets Media, Certified B Corporation and producer of its TV series. She is a world-renowned futurist, evolutionary economist, a worldwide syndicated columnist, consultant on sustainable development, and author of The Axiom and Nautilus award-winning book Ethical Markets: Growing the Green Economy (2006) and eight other books.


Her editorials appear in Wall Street International Magazine and many other media partners, including Other News, and her book reviews appear on SeekingAlpha.com. Her articles have appeared in over 250 journals, including (in the USA) Harvard Business Review, New York Times, Christian Science Monitor; and Challenge, Mainichi (Japan), El Diario (Venezuela), World Economic Herald (China), LeMonde Diplomatique (France) and Australian Financial Review.

Since becoming a full-time media executive in 2004, Hazel has stepped down from many of her board memberships, including Calvert Social Investment Fund (1982-2005), the Social Investment Forum and the Social Venture Network. She has been Regent's Lecturer at the University of California-Santa Barbara, Horace Albright Chair in Conservation at the University of California-Berkeley, and advised the U.S. Office of Technology Assessment, the National Academy of Engineering, and the National Science Foundation from 1974 to 1980. She remains on the International Council of the Instituto Ethos de Empresas e Responsabilidade Social, Sao Paulo, Brasil; serves on the Program Council of FORUM 2000, Prague, Czechoslovakia, founded by the late President Vaclav Havel; is a World Business Academy Fellow; an active member of the National Press Club (Washington DC), and a member of the Association for Evolutionary Economics. She is an Honorary Member of the Club of Rome. She shared the 1996 Global Citizen Award with Nobelist A. Perez Esquivel of Argentina. In 2007, she was elected a Fellow to Britain’s Royal Society of Arts, founded in 1754.


She leads the Transforming Finance initiative, created the Green Transition Scoreboard®, co-developed with Calvert the GDP alternative renamed the Ethical Markets Quality of Life Indicators, co-organized the Beyond GDP conference for the European Commission, and funded three Beyond GDP surveys, finding strong support worldwide for ESG metrics in national accounting.


In 2010, 2012, 2013, and 2014, she was honored as a "Top 100 Thought Leader in Trustworthy Business Behavior" by Trust Across America. In 2012, she was honored with the Reuters Award for Outstanding Contribution to Development of ESG & Investing at TBLI Europe. In 2013, she was inducted into the International Society of Sustainability Professionals Hall of Fame. 


Her 2014 monograph, Mapping the Global Transition to the Solar Age, published by ICAEW and Tomorrow’s Company, UK, is available for free download from www.ethicalmarkets.com.


For Immediate Release

2017 Green Transition Scoreboard® Tracks Private Green Investments At $8.1 Trillion

ST. AUGUSTINE, FL., USA, April 24, 2017 Today, the latest Green Transition Scoreboard® (GTS) found that, despite Trump's anti-green policies, private green investments now total more than $8.1 trillion USD ($8,133,456,730,370).

Published annually since 2009, the GTS is a global measure of private green investment in five green sectors: 1) Renewable Energy, 2) Efficiency, 3) Life Systems (water, waste, recycling, community investing, e-learning and fintech), 4) Green Construction, and 5) Green Corporate R&D. Government investments have been omitted wherever possible and technological criteria are strictly applied.

Sector

Amount US $

Renewable Energy

$3,427,534,992,202

Energy Efficiency

$1,748,904,490,919

Life Systems

$1,660,880,346,366

Green Construction

$914,736,379,757

Corporate Green R&D

$381,400,521,125

Grand Total

$8,133,456,730,370

The aggregated total is tracked by Ethical Markets Media Certified B Corporation's team of experts and global advisory board, led by CEO Dr. Hazel Henderson, futurist/author and former US government science policy advisor.

Henderson said "The green economy is growing faster than anyone realizes. We knew that this good news on the progress of the global green transition couldn't be fully covered by mainstream financial media and news programs whose advertising is still from fossilized sectors."

GTS co-author Tim Nash, The Sustainable Economist, adds "Although the USA is expected to fall behind due to federal policies that put obsolete industries like coal ahead of thriving green sectors, large corporations are stepping up to invest billions in more efficient technologies."

The full 2017 GTS report titled "Deepening Green Finance" can be downloaded free here:

2017 Green Transition Scoreboard

Cities and states worldwide are now leading, energized by former New York City mayor Michael Bloomberg and many others. The UNEP Inquiry on Design of a Sustainable Financial System is successfully engaging conventional financial markets. Co-director Dr. Simon Zadek welcomed the release of the GTS report, "With a changed political landscape, the case for green finance has to be strengthened, so your work is very important and has to be widely used".

The GTS report traces private money shifting from incumbent fossilized sectors to emerging green opportunities. Financial firms are being forced to innovate as pressure grows from all side. Activist ethical investors and divestment campaigns are getting louder. New pressure from above is driven by the National Development Commitments (NDCs) signed by 194 governments under the UN COP 21 and 22 climate accords and Sustainable Development Goals (OTC:SDGS). Pressure is also coming from below with the rise of Silicon Valley's Fintech100, including crowdfunding, peer-to-peer lending, and reward currencies like SolarCoin.

For further information please contact:

Dr. Hazel Henderson

hazel.henderson@ethicalmarkets.com

+1 (904) 829-3140

Tim Nash, MSLS

nash@sustainableeconomist.com

+1 (416) 821-9179

LaRae Long

gogreen@ethicalmarkets.com

+1 (904) 826-1381

About Ethical Markets, Certified B Corporation ( www.ethicalmarkets.com):

Founded in 2004 with a mission to reform markets and metrics while helping accelerate the global transition from fossil-fueled early industrialism to cleaner, healthier, inclusive, knowledge-richer green societies everywhere. Its "Ethical Markets" TV series is distributed globally to colleges and libraries by www.films.com or free at www.ethicalmarkets.tv. This global network of networks connects ethical investors, asset managers, green entrepreneurs, NGO leaders and academics. It sponsors the EthicMark®Awards for Advertising that Uplifts the Human Spirit and Society, with nominations for its 2017 Awards now open at www.ethicmark.org, where past winning campaigns can also be viewed. A full list of information services is at www.ethicalmarkets.com

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