Impact Investing Leader Features Sunwealth Among Firms Working Towards Climate Justice
Capshift, a leading impact investing platform offering opportunities for engagement in solutions to the world’s most pressing challenges, recently featured Sunwealth in their article, “A Successful Climate Transition Is a Just Transition.”
The article – authored by CapShift’s Impact Investment Associate, Bochu Ding – discusses the need for climate solutions to be built and implemented with an intentional focus on inclusivity, equity, and justice. Ding continues, emphasizing the fact that climate impacts disproportionately burden historically marginalized communities; however, people from these same communities are often more willing to get engaged and advocate for meaningful solutions.
Given the disproportionate impacts of climate change, the article mentions three approaches to climate action that employ a justice lens: Greenprint Partners, Fair Food Fund, and Sunwealth. Ding writes:
“One of the key pillars of climate justice is equitably distributing the benefits of climate innovation. Access to climate solutions shouldn’t be determined by your zip code. But more often than not, that’s the case. Take solar energy for example: Black-majority census tracks have 69% less rooftop solar installed than those with no racial or ethnic majority (controlling for income); those with a Latinx majority see a 30% gap.
Organizations like Sunwealth work to change that. Sunwealth combats solar redlining, extending clean energy innovation to groups historically excluded from its benefits. It invests in community-based solar projects in low-income and communities of color across the U.S., bringing clean power, cost savings, and quality jobs to areas that otherwise would not have access to them.”
The piece closes out by reminding us that “people and the planet are fundamentally intertwined,” and solutions must recognize and account for that fact if the transition to a more sustainable future will be truly just.