Climate change is a pressing concern in today’s world. However, climate solutions often seem to take a back seat to economic issues. When it comes to money, people usually listen—and since one of the biggest barriers to implementing sustainable policies and technologies is financial, it’s clear that our economic and environmental goals must be intertwined. The solution? A rise in green finance—both personal and commercial—is necessary to align the interests of money and sustainability.
When applied to businesses and corporations, green finance refers to decisions that reduce greenhouse gas emissions in production and consumption, while maximizing resources and minimizing carbon footprints. But green finance also applies to everyday consumers. Here are some ways to make sure your finances reflect your green goals:
- Invest in green mutual funds
- Use Green banks
- Support local, green businesses that implement sustainable production and eco-friendly products, like FulFILLed in the Outlets.
- Prioritize using reusable/long-lasting containers and products instead of one-time use plastic–economic and sustainable!
- Prioritize using reusable/long-lasting containers and products instead of one-time use plastic–economic and sustainable!
- Conserve your water (and lower your water bill)
- Use sustainable transportation. Carpooling, riding the bus, biking, and walking can all lower your gas bill and your carbon footprint.
- Invest in a hybrid or electric vehicle. These vehicles emit far less harmful tailpipe emissions, and will lower your spending on gas.
By Grayson Rae