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Ceres Clean Trillion

Ceres is a Boston-based, 25-year-old nonprofit organization advocating for sustainability leadership by mobilizing a powerful network of investors, companies, and public interest groups to accelerate and expand the adoption of sustainable business practices and solutions to build a healthy global economy. Ceres created the “Clean Trillion” investment campaign, a clarion call to raise at least $1 trillion by 2030, which would be approximately a three-fold jump in investment levels of 2015, which stood at $329b.

While 2015’s record investment in clean energy is encouraging, it is far from enough to make the transition from fossil to clean fuels that is required to keep global warming to no more than 2° Celsius. In the fall of 2014, the International Energy Agency, a Paris-based organization of 29 developed countries, released calculations estimating the world needed to invest $36 trillion in clean energy  an additional $1 trillion per year in clean energy by 2050, approximately $1 trillion more per year, to have an 80% chance of maintaining the 2° limit.  

Ceres offers 10 recommendations for investors, companies, and policymakers to increase annual global investment by 203, divided into three categories (1) mobilizing investor action to scale up clean energy; (2) promoting green banking and debt capital markets; and (3) reforming climate, energy, and financial policies.

Download the report here.

Eileen V. Quigley's picture

Senior Fellow

, Climate Solutions

Eileen V. Quigley is a Senior Fellow at Climate Solutions and Principal of Clean Energy Transition, which promotes strategies to achieve deep decarbonization and accelerate the transition from fossil fuel to clean energy. Eileen co-authored Powering the New Energy Future from the Ground Up: Priorities in City-Led Energy Innovation, a report on 34 American cities with fewer than 250,000 residents that are reducing their dependence upon fossil fuels for energy. She also co-authored Natural Infrastructure: A Climate-Smart Solution, a report on the role that natural infrastructure plays in reducing greenhouse gas emissions, removing carbon pollution, and building resilience to impacts of climate change. In May 2015, Eileen was named a German Chancellor Fellow and delivered a paper and presentation, Revolution Required: Meeting Current and Future Energy Challenges, at Kühne Logistics Universität in Hamburg, Germany for the City of Tomorrow Series. She currently serves on the board of Stockholm Environment Institute-US and the advisory board of the Clean Energy Institute at the University of Washington.

Eileen received her Master of Science in Journalism from Columbia University and her Bachelor of Arts in Literature from Yale University. She tweets @evquigley.