Rising social impact investing movement: Financial returns are paramount for most investors —
something that’s unlikely to change in the foreseeable
future. Yet impact investing strategies — which put equal or
greater weight on environmental or social impacts —
are on the rise. Long a marginal feature of the financial landscape,
such funds now manage more than $1.5tn, according to the Global
Impact Investing Network. S
The threat of climate crises will drive global cooperation and political unification, align moral values, and spur the metamorphic changes needed to address it.
“Climate justice”, a term which recognizes that fairness is part of the equation balancing the interests of humanity and nature, that the balance is a distributional justice issue and a governance issue, as are distributive justice and intergenerational justice.
Societal adolescence will be a time to redesign rules and institutions that structure how the parts of society connect and how it connects with the planetary environment and with the future via the legacy debt and used up resources each generation leaves the next.
Income inequality, environmental justice, and the injustice of saddling future generations with excessive debt are all questions of balance and relationship among varied interests, problems of societal structure ripe for addressing in society’s adolescence.
Humanity strives to control nature, but nature gets the last word. World population explosion evidences mankind’s success, but nature gives us the hubris to invest nuclear weapons which may destroy us, if we’re not destroyed by pestilence, famine, or resource depletion.