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Money Box

Can my money help fight climate change?

Money Box

BBC

Business

4.2825 Ratings

🗓️ 9 October 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

Can I get a good return on investments that do good? Should you be letting your money speak rather than be out on the street? With £2.2 trillion in pension funds in the UK, do we really know what our money is doing and what it could be doing in the fight against climate change?

We have an expert panel on hand with both the science and finance knowledge to help you navigate what's called impact investing.

Mike Thompson - Committee on Climate Change Charlene Cranny - UK Sustainable Investment Fund Mary Stevens - Friends of The Earth

Contact the Money Box team to tell your stories and ask questions. The number to call is 03 700 100 444, geographic charges apply. The lines open at 1pm on Wednesday (9/10/19). Email moneybox@bbc.co.uk or tweet @moneybox

Transcript

Click on a timestamp to play from that location

0:00.0

You're about to listen to a BBC podcast, but this is about something else you might enjoy.

0:05.4

My name's Katie Lecky and I'm an assistant commissioner for on demand music on BBC Sounds.

0:10.8

The BBC has an incredible musical heritage and culture and as a music lover, I love being part of that.

0:17.5

With music on sounds, we offer collections and mixes for everything, from workouts to

0:22.4

helping you nod off, boogie in your kitchen, or even just a moment of calm. And they're all put

0:28.3

together by people who know their stuff. So if you want some expertly curated music in your life,

0:35.0

check out BBC Sounds.

0:41.3

BBC Sounds, music, radio, podcasts.

0:49.4

Good afternoon. Can you profit from your principles save the planet while saving for your old age?

0:56.0

Use your cash to combat climate change. Well, one person who thinks so and hopes so is Vicky.

0:58.1

Welcome Vicky to Moneybox Live.

0:58.6

Hi.

0:59.3

Hi.

0:59.7

Hi.

1:06.3

Now, you are thinking about using your savings to help reduce global warming.

1:07.9

How did you get started?

1:10.1

Yeah, exactly that.

1:16.8

I volunteer with Friends of the Earth, or I'm hosting one of their peer-led groups for women,

1:20.9

and we support each other to take climate action with our finances.

1:30.4

And essentially, we all get together in my living room and chat about how we can use our money for good.

1:36.8

And one of the things that we've been thinking about, we meet sort of every couple of months on a Friday.

1:43.8

We call it Friday finance, but the Friends of the Earth name is own it, hashtag own it 1.5.

...

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