![]() That’s a relatively small hike for many people - roughly $18 a month - though we’d need to make sure that lower-income families wouldn’t be burdened by it. For example, in the US, switching to a clean electricity grid using current technology (wind, solar, hydropower and nuclear) would raise electricity prices by about 15 per cent over current retail rates. In my research, I found some pleasant surprises. (Today the global number is about 860m people.) Around half of them lived in sub-Saharan Africa. ![]() A billion people, I learnt, did not have access to reliable electricity. Often, I’d fly into a country at night and be struck by the immensity of the darkness. A few times a year, I would travel abroad for the chance to see the work in action. ![]() Since the early 2000s, my wife Melinda and I have been funding efforts to improve health and fight poverty in lower- and middle-income countries. I became interested in climate change not as an environmentalist, but as an advocate for global health and development. It took me years to come to this point of view. Avoiding a climate disaster requires a different way of doing business, the courage to take on risks that many CEOs are not used to taking - and that investors are not used to rewarding. ![]() But there are in fact things businesses can do to make a measurable difference for the climate. Unfortunately, even the most dedicated climate change advocates have struggled to find satisfying answers to that question. ![]()
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