- TheGreenBillioness
- Posts
- From Crisis to Innovation
From Crisis to Innovation
Charting a Sustainable Course Amid Climate Challenges
TOGETHER WITH
Good morning. This week's highlights include: Scientists warn of unpreparedness for escalating climate disasters; records shatter. EU aims for a 90% reduction in greenhouse emissions by 2040. Ancient sea life data signals rapid global warming, overlooked military emissions impact climate. Fossil fuels receive 'climate-friendly' investments, while EU and Sweden push for sustainable finance transparency. Tech advances with smart eco-cities, AI for retail sustainability, and green construction innovation. Don't miss this issue!
TheGreenBillioness Team
"The best time to plant a tree was 20 years ago. The second best time is now."
Market - MTD
Stock-MTD data as of market close (06 Feb. 2024) - Source: Yahoo Finance
News Spotlight
Scientists say the world is not prepared for the climate disasters that are hitting with increasing frequency as human-driven global heating continues to break records. Full Story
The European Commission recommended on Tuesday that the EU slash net greenhouse gas emissions by 90% by 2040. Full Story
Data from centuries-old sea creatures suggest the world is warming faster than scientists thought. Full Story
Military spending exacerbates the climate crisis, but emissions caused by wars and military operations are often exempt from our carbon budgets and climate analyses. Full Story
Dangerous climate tipping points will affect Australia. Full Story
Sustainable Finance
Millions in ‘climate-friendly’ investments awarded to fossil fuel giants. Full Story
EU Council and Parliament unveil new rules to enhance transparency and reliability in ESG rating activities. Full Story
Swedish battery startup Northvolt secured Europe’s largest green bond to date. The $5 billion debt deal will help expand a “gigafactory” in Skellefteå, to include the first fully integrated circular battery production facility outside of Asia. Full Story
The European Union's financial sector on Monday urged the bloc to delay quick fixes to how asset managers label sustainable investment funds. Full Story
Singapore's bank OCBC doubles SMEs sustainable financing to $5.2 bln in 2023. Full Story
Technology & Solutions
Smarter eco-cities, characterized by their advanced technological landscape, are at the forefront of ushering in a new era of environmental sustainability. Full Story
Lummus Technology Partnerships Designed to Build Sustainable Solutions that Advance the Circular Economy. Full Story
The Internet of Things (IoTs) and AI are Reinventing Urban Landscapes, Making Cities Smarter, More Sustainable and Responsive to Citizens’ Needs. Full Story
WaveFarm unleashes a wave of energy for a sustainable future. Wave energy is the single largest unused renewable energy source on the planet. Full Story.
Rendering of the latest WaveRoller device in the water ©AW-Energy
The green technology and sustainability market size is estimated to grow from USD 9.8 Billion in 2020 to USD 56.4 Billion by 2027. Full Story
Q&A
Q1: How much faster is the Greenland Ice Sheet losing ice now compared to the 1990s?
Q2: What is projected to be the ratio of plastic to fish in the oceans by 2050?
Kindly peruse the content below to access the answers.*
RECs
Replace disposable batteries with rechargeable ones to reduce electronic waste.
Participate in a local "Green Day" event that focuses on sustainable living and education.
Explore the benefits of upcycling and create a DIY project using repurposed materials.
Organize a book swap with friends or in your community to encourage reading and reduce book waste.
Practice mindful consumption by avoiding impulse purchases and evaluating your needs.
The Q&A Answers are:
A1: The Greenland Ice Sheet is shedding ice seven times faster than in the 1990s.
A2: By 2050, there could be more plastic by weight than fish in the oceans!
Did you Know?
Did you know According to NASA, the Earth's average surface temperature has risen about 1.18 degrees Celsius since the late 19th century, a change primarily driven by increased carbon dioxide emissions into the atmosphere.
With Inspiring Climate Activists
Dame Jane Morris Goodall DBE formerly Baroness Jane van Lawick-Goodall, is an English primatologist and anthropologist. She is considered the world's foremost expert on chimpanzees. She is the founder of the Jane Goodall Institute and the Roots & Shoots programme, and she has worked extensively on conservation and animal welfare issues. As of 2022, she is on the board of the Nonhuman Rights Project. In April 2002, she was named a United Nations Messenger of Peace. Goodall is an honorary member of the World Future Council. watch her TED Talk video below.
Main Events in 2024
Here are some of the major sustainability and climate change events scheduled for 2024:
Innovation Zero (April 30 to May 01, 2024): An event showcasing the latest in climate technology and convening entrepreneurs, investors, and policymakers to push forward net-zero emissions solutions.
World ESG and Climate Summit (June 18-19, 2024): This summit brings together global leaders, experts, and stakeholders to address challenges and opportunities related to sustainability and ESG practices.
Climate Week NYC – We Can (October 23-31, 2024): An annual event that showcases climate action and accelerates the transition to a net-zero future with world leaders, policymakers, businesses, and citizens.
COP29 (November 6-18, 2024): The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change, set to take place in Baku, Azerbaijan.
*also read Top 10 must-attend sustainability events in 2024.
SHARING IS CARING
We recommend sharing TheGreenBillioness Newsletter with your network. It's an awesome weekly email that delivers top news around sustainability in a way that's informative and entertaining. Best of all, it's free and only takes 5 minutes to read each Tuesday morning. Give it a try and subscribe using this link or by forwarding this email.