Increasing Positive Climate Impact by Combining Anti Consumption and Consumption Changes with Impact Investing

This article proposes a novel approach to climate change mitigation by combining anti-consumption and consumption changes with impact investing. It addresses the risk of rebound effects, where money saved from reduced consumption leads to GHG emissions elsewhere. The study develops a method to calculate potential “double impacts” by ensuring saved funds are invested in climate-mitigating actions. It quantifies GHG emission reduction potentials for various anti-consumption strategies and impact investments, highlighting the need for this dual consideration.