World Resources Institute
For Climate-friendly Passive Asset Management
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Amount$150,000
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Program
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Date Awarded11/2/2020
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Term12 Months
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Type of SupportProject
Strategies
Overview
The goal of this project is to help promote a large-scale decarbonization of passively held capital in U.S. retirement plans. The World Resources Institute aims to increase the capacity and willingness of carefully selected public and private retirement plans to invest in high-quality, Paris Climate Agreement-aligned, ESG passive equity products. In the case of defined contribution plans, the aim is for plans to incorporate these product(s) into default options. This would capitalize on the power of the default option to drive capital toward sustainable investments and harness the growing desire of thousands of U.S. workers to invest their retirement funds in sustainable options. (Substrategy: Climate Finance)
About the Grantee
Grantee Website
www.wri.org
Address
10 G Street NE, Suite 800, Washington, DC, 20002-4252, United States
Grants to this Grantee
for electric mobility initiative in India
World Resources Institute (WRI) is actively engaged in various geographies to produce relevant e-mobility research and provide deep technical assistance that supports stakeholders in delivering results. WRI’s electric mobility initiative in India has been working extensively with the Indian government and various state governments on developing the EV ecosystem and contributing to India’s strengthened commitment to the e-mobility transition. This grant will allow WRI to continue to support this transition and work closely at the subnational level with state governments to support the planning and implementation of EV initiatives, provide necessary technical assistance and enable capacity development within government departments, and facilitate collaborations between public and private sector stakeholders. (Substrategy: Electrification)
