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A self-starter with a strong desire to learn alongside organizational and time management skills.Excellent verbal and written communication skills.Proficiency in Python, Java or similar language is desirable.All students are encouraged to apply but Bachelor’s or Master’s students in a quantitative field, including Economics, Econometrics, Finance, Applied Math and Statistics are preferred.Investment pod placements may include Sovereign Rates Relative Value, Global Equity Volatility, Quantitative, Convertible Bond Arbitrage, Equity Capital Markets, and more. Throughout the summer, interns will be given the opportunity to learn about various investments strategies, as well as complete a project that will be both educational and a value add to the business. Our investment pods are looking for bright, curious, and motivated candidates to join their teams for a summer internship. At the end of the summer, we will have a send-off lunch to close out the program and thank you for all your hard work. Throughout the program you will attend educational sessions given by senior leadership, we will host team building exercises and encourage relationship building with the firm. You will be given a project that is both educational and a value add to the business, at the end of the summer you will present your project to the senior leadership team. We, the undersigned, call on governments around the world to adopt and implement a Fossil Fuel Non-Proliferation Treaty, as a matter of urgency, to protect the lives and livelihoods of present and future generations through a global, equitable phase out of fossil fuels in line with the scientific consensus to not exceed 1.5✬ of warming.Capstone’s 2024 Summer Internship is a 10–12-week summer program. Phase out existing production of fossil fuels in a manner that is fair and equitable, taking into account the respective dependency of countries on fossil fuels, and their capacity to transition We call on governments to urgently commence negotiations to develop, adopt and implement a Fossil Fuel Non-Proliferation Treaty laying out a binding global plan to:Įnd new expansion of fossil fuel production in line with the best available science as outlined by the Intergovernmental Panel on Climate Change (IPCC) and the United Nations Environment Programme The fossil fuel system and its impacts are global and require a global solution. Invest in a transformational plan to ensure 100% access to renewable energy globally, support fossil fuel-dependent economies to diversify away from fossil fuels, and enable people and communities across the globe to flourish through a global just transition. The scientific consensus is clear that human activities are primarily responsible for global climate change, and that the climate crisis now represents the greatest threat to human civilization and nature. The burning of fossil fuels - coal, oil, and gas - is the greatest contributor to climate change, responsible for almost 80% of carbon dioxide emissions since the industrial revolution. To keep warming to below the temperature goal of 1.5✬, as reflected in the scientific literature and the IPCC’s special report on 1.5✬, global greenhouse gas emissions need to be at least 45% lower globally by 2030.
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Īccording to the most recent Production Gap Report, this requires an average decline in fossil fuel production of at least 6% per year between 2020-2030. However, the fossil fuel industry is planning to increase production by 2% per year. It is vital that the global transition towards a zero carbon world is equitable, based on countries' fair share of expected climate action, their historical contribution to climate change and their capacity to act. This means richer countries must reduce production of fossil fuels at a faster rate than poorer countries that require greater support to transition, including through the redirection of finance and subsidies from fossil fuels to renewable energy. In addition to climate impacts, new research shows that the air pollution caused by fossil fuels was responsible for almost 1 in 5 deaths worldwide in 2018. These significant health and environmental impacts are derived from the extracting, refining, transporting and burning of fossil fuels and are often borne by vulnerable and marginalised communities. At the same time, centralised, fossil fuel-generated energy often concentrates power and wealth into the hands of a select few, bypassing the communities in which extraction occurs.
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