Finance & Business Innovation
Finance and business innovation are crucial in addressing climate change by encouraging sustainable investments, developing innovative technologies, and creating new business models that support a low-carbon economy.
Addressing climate change requires people to innovate and disrupt, implementing new and bold ideas that provide marketable, sustainable products and services.
Investing in Our Future
Businesses, as the primary drivers of economic activity, have the potential to significantly reduce their carbon footprint by adopting sustainable practices. This includes investing in renewable energy sources, improving energy efficiency, and minimizing waste. Additionally, businesses can develop innovative products and services that contribute to a more sustainable future.
Financial institutions play a crucial role in supporting this transition. By investing in green projects, providing climate-friendly loans, and managing climate-related risks, they can channel capital towards sustainable initiatives. This not only helps to reduce greenhouse gas emissions but also creates new economic opportunities and fosters resilience.
Finance & Business Innovation Climate Solutions Accelerator Projects

Scaling One Health Approach through Multistakeholder Engagement in Arthropod Adaptations to Ecosystem Plasticity Associated with Climate Change

Protecting Indigenous Lands and Promoting Ethical Conservation Practices Through Design of a Sustainable Environmental Monitoring Network

Resilience and Equity in Addressing Climate Health

Penn State Mineral Dust and GeoHealth Workshop

The Penn State – Belizean Foundation for Research and Environmental Education Consortium Workshop

Implementing State-Level Climate Change Policy and Management for Water Resources

Developing Transformative Youth-Centered Research Agendas & Intergenerational Collaborations to Foster Climate Justice Solutions

Developing and Evaluating Climate Solutions Educational Strategies through Leave No Trace

Climate-Driven Pluvial Flooding: Impacts on Environmental Non-Migrants in Central Pennsylvania

Carbon Management: Capture, Transport, and Geological Storage

Building Capacity for Subnational Climate Action

Biomaterials and Nature-Based Solutions: Achieving a Sustainable, Decarbonized, and Climate-Resilient Built Environment

Research Program for Assisted Subnational Climate Planning

Integrated CO2 Mineralization and Critical Mineral Recovery for Sustainable Urban and Transportation Systems

Furthering Indigenous-Led, Nature-based solutions through Rights and Onsets in the Global South

Designing the Future of Recovery: Catalyzing Conversations on Community-Centric Resilient Housing Solutions in Rural Appalachia

Co-Design Climate Resilient Community Health and Climate Justice in Harrisburg, Pa.

Augmenting Climate Transition across the Atlantic Transect: Extension-driven Solutions to Implementing Socially Responsible, High-Integrity Forest Carbon Offsets
Impact

Commercial investors shift perspective of coastal properties in face of climate change
Investors in commercial real estate are rethinking the values of coastal properties exposed to flood risk — even in northern U.S. locales that haven’t suffered flood damage, according to researchers. This shift in perspective has implications for investors and developers alike as they determine the value of coastal properties amid a changing climate.

Economics propelling population shifts in spite of climate-driven risks
People are willing to live in locations where there is a greater risk of climate-driven extreme weather and natural disasters if there is an increase to their overall economic well-being, according to a study that contributes to a broader dialogue on how communities contend with climate-related vulnerabilities and adapt to risks, offering insights for future policy considerations and community planning.