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Say I have US$10,000. What's the best use of that money if my goal is to stop climate change? (self.asklemmy)

submitted 4 days ago by fixmycode to c/asklemmy@lemmy.ml

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[–] tomi000@lemmy.world 5 points 3 days ago

Unfortunately investing money does veeeeeeeery little against climate change. Think like 0.1% of your invested sum. The money you invest still goes to shareholders, just those of companies that meet certain criteria.

Of course it is better (i.e. has bigger impact) than investing elsewhere, dont get me wrong. But investing doesnt promote actual changes. For someone to make changes in politics or public opinion, they need to be paid. Spending the money on such projects is the way to make actual change.

Source: my spouse works in ESG scoring at a big bank