This framework was created as a tool for those seeking to make emissions reductions and sustainability related investments with the goal of mitigating the impacts of climate change, based on guidelines set forth by Chamath Palihapitiya in July 2020. An initial group of volunteers created the first version over the course of two weeks.
It will now live on as a collaborative, open-source project. Contributions, suggestions, and discussion are all welcome.
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If you want to read the most up-to-date version of the framework, see Investment Framework.md
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If you want to ask a question, raise an issue, or start a topic of discussion, go to Issues and click New issue
- Then write a title and the text for your question/issue/discsussion, and click Submit new issue
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If you want to edit/revise the framework, go to Investment Framework.md and click the Edit button in the bar above the document.
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At any time, you can click Preview Changes to see how your changes will appear.
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When your edits/revisions are complete, scroll down to the 'Commit changes' section. Give a title for the changes you made, describe why you made the changes, and click Commit changes
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Within several days, someone will review your changes - and if approved, update the document with your changes.
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If you want to see the original version of the framework, see MCJ Proposal_ Investment Framework for a More Sustainable World.pdf.
Additional Context
While this framework is meant to guide investment decisions, it is not a stand-alone tool; it is intended to be used in conjunction with individual variables and preferences not described in the framework (such as financial return requirements, diversification goals, investment stage preferences, etc.). The metrics laid out within the framework are under constant refinement and the latest methodologies and accounting principles should be applied to any emissions, ecosystem, and societal impact considerations. Areas where quantitative evaluation tools for these specific considerations do not already exist provide an opportunity for this community to develop them.
Chamath’s guidelines requested a framework for investing ~$3 billion into a multi-trillion dollar problem. To put this in human terms, imagine trying to fix $100,000+ of annual home damage with a one-time $300 budget – it helps, but it’s not nearly enough. Our goals in open sourcing our framework are that...:
- ...other investors might adopt all or parts of the framework, attracting incrementally more capital to approach climate change in thoughtful ways
- ...investors might collaborate in creative ways to unlock non-linear effects on complex climate challenges
- ...companies might consider this thinking in their capital and operational decisions
- ...this framework or style of thinking might influence policy decisions around the world
By opening this framework to new contributors, we hope to continually expand and build on the initial work and make it applicable to investors of all types.
In the root repo you'll find:
- The PDF file with our Aug 1, 2020 investment framework, submitted as a proposal
- The markdown file which acts as a living document with new contributions