Salvador Dauvergen, a serial entrepreneur from California, bustled around a co-working space in Bali, Indonesia on a Monday morning greeting familiar faces. He was wearing a t-shirt, shorts and flip flops - or as he referred to it, the Bali business suit.
Venture capital, the financial fuel for new companies, is also concentrated on the coast. More than 50 percent of all venture capital money spent in the United States goes to companies in California alone, according to the National Venture Capital Association.
The green economy is defined as an economy that results in reducing environmental risks and ecological scarcities, and that aims for sustainable development without degrading the environment. It is closely related with ecological economics, but has a more politically applied focus.
FACT SHEET: DOE Clean Energy Impact Investment Center The President's Climate Action Plan (CAP) recognizes the need for action to address the impacts of climate change. Financing is an important component to success of the CAP.
About the collaboration The R20 Regions of Climate Action is a non-profit organization founded in 2010 by Governor Arnold Schwarzenegger and other global leaders in cooperation with the United Nations.
Mark Zuckerberg, the co-founder and chief executive of Facebook, announced Tuesday that he and his wife would give 99 percent of their Facebook shares "during our lives" - holdings currently worth $45 billion - to charity. The pledge was made in an open letter to their newborn daughter, Max.