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Thursday, July 30, 2020

Understanding Climate Action Efforts in the Financial Sector

Energy Transition

The debate over whether private financial institutions should play a proactive role in the low-carbon transition is coming to a close and significant efforts to define what this role should be in practice have begun. RMI’s recent reportBreaking the Code: Deciphering Climate Action Efforts in the Financial Sector, takes stock of this fast-shifting landscape. Learn More >


“Ensuring that the transition from gas to electric happens equitably will require specific focus and attention—frontline communities need to be central to decision-making processes.”

— Sherri Billimoria discussing how utilities, their regulators, and state legislators can accelerate building decarbonization in Forbes.

RMI News and Commentary


Aligning Utility Performance with the Public Interest
Performance incentive mechanisms (PIMs) are receiving increased attention for their ability to better align utility incentives with new social and environmental policy goals. RMI’s recent report PIMs for Progress offers recommendations to regulators, utilities, and others looking to integrate PIMs into their regulatory frameworks. RMI blog

Solarize Campaigns: Helping Communities of Color Access Rooftop Solar
Rooftop solar has the potential to reduce energy burden in communities of color, but it has not yet lived up to its potential due to systemic barriers. Solarize campaigns can help. RMI blog

California Can’t Wait on All-Electric New Building Code
In the past year, California cities have captured national attention with groundbreaking policies to ensure new buildings are efficient, modern, and all-electric. Still, the need for state leadership remains. RMI blog

Beyond Buying Renewables: How Cities Can Influence the Energy System
To drive faster progress on renewables and carbon-free goals, local governments are starting to engage with old stakeholders in new ways to change the rules of the game and create new pathways to access affordable, clean energy. RMI blog

Massachusetts Decision Highlights the Need for State Action on Building Electrification
This week, the Massachusetts Attorney General’s Office (AGO) disapproved the state’s first local ordinance that would have prohibited the installation of fossil fuel infrastructure in newly constructed buildings and in major renovations. RMI blog

Building Urbanism into Climate Policy
The urgent questions raised by our housing crisis and our larger land use policy failures deserve to play a central role in the climate policy conversation and urbanist principles should be integrated into the core climate policy toolkit. RMI blog

One Way to Retire Coal Plants: Buy Out the Owner
There’s money to be made buying out municipal utilities’ coal plant obligations and replacing them with solar, according to a new analysis. Greentech Media

For articles on the energy transition, visit Energy Transition Magazine—a consensus-driven, global magazine about the transition to a clean energy future.

Upcoming Events

Hard-to-Abate Sectors
Boosting Clean Technology: Speeding Development & Adoption of High-Impact Clean Energy Technologies
Join RMI’s James Newcomb and other experts August 11, 9 a.m. MT for the fifth webinar of a seven part series highlighting the Seven Challenges for Energy Transformation. The low-carbon energy transition is happening faster than expected and globally scaled manufacturing has unleashed steep declines in the cost of clean energy technology. 
Resilient Buildings and Communities

Hear from RMI’s Jamie Mandel and Brady Seals, along with Jonathan Buonocore, Sc.D., from Center for Climate Health and the Global Environment at Harvard’s T.H. Chan School of Public Health August 6, 11 a.m. MT as they discuss key findings in their latest report, Health Effects from Gas Stove Pollution. They will share practical recommendations for policymakers, health professionals, researchers, and individuals to address the growing risks of gas through building electrification.

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We Stand Together

In these trying times we remain more committed than ever to advancing a more resilient world powered by clean, renewable energy. We have no time to lose. 


Rocky Mountain Institute
Rocky Mountain Institute (RMI)—an independent nonprofit founded in 1982—transforms global energy use to create a clean, prosperous, and secure low-carbon future. It engages businesses, communities, institutions, and entrepreneurs to accelerate the adoption of market-based solutions that cost-effectively shift from fossil fuels to efficiency and renewables. RMI has offices in Basalt and Boulder, Colorado; New York City; the San Francisco Bay Area; Washington, D.C.; and Beijing.

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