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Key Data Points
$310 Billion

New funding for wind, solar, biofuels, and other low-carbon energy sources increased 16% in 2014 to $310 billion. (Bloomberg)

$1 Trillion

$1 trillion must be invested in clean energy each year until 2050 in order to avoid dangerous climate change. (IEA)

1 Billion Metric Tons

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The Sustainable Finance Portfolio

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Strategy Area One

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Maecenas in mi justo. Nullam bibendum lobortis metus, a luctus sapien efficitur in. Quisque rutrum, augue id dignissim tempor, elit enim aliquam ligula, sit amet egestas ligula turpis sed nisi. Vestibulum volutpat leo pharetra quam malesuada mattis. In ante massa, mattis quis ultricies sit amet, venenatis ac arcu. Integer pellentesque at massa at auctor. Aliquam rhoncus tincidunt elit, quis semper tellus elementum et. Suspendisse tristique, sem sed consectetur posuere, nisl purus fringilla ex, eget lobortis diam orci vel ligula. Aliquam gravida tristique tortor, et facilisis magna sollicitudin vel. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Proin sit amet justo nibh. In enim nisi, finibus sit amet purus in, imperdiet vulputate libero. Etiam ac nunc lectus. Maecenas fermentum rutrum elementum.

Strategy Area Two

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Strategy Area Three

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Sustainable Finance Program Team

Sustainable Finance strategies are coordinated through ClimateWorks by staff with expertise in finance, public policy, sustainability, and philanthropy, and in collaboration with ClimateWorks' funding and regional partners.

Ilmi Granoff

Director, Sustainable Finance

Tim Stumhofer

Associate Director, Sustainable Finance

Tim brings a background spanning the private, public, and nongovernmental sectors to the ClimateWorks sustainable finance program. Most recently he was stationed in Germany where, with the support of a Robert Bosch Foundation fellowship, he worked in the international climate finance unit of the German Federal Environment Ministry (BMUB) and the climate competence center in Germany’s state development bank (KfW). Prior to his time in Germany Tim spent five years at the Greenhouse Gas Management Institute developing emissions measurement, reporting, and verification (MRV) capacity building interventions for a range of global applications including carbon trading, low emissions development planning, and international treaty compliance. Tim has also worked in the private sector commercializing emission reduction projects under the Clean Development Mechanism. He holds a BA from Willamette University and an MSc from the London School of Economics.