A green economy is an economy that aims at 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. The 2011 UNEP Green Economy Report argues "that to be green, an economy must not only be efficient, but also fair. Fairness implies recognizing global and country level equity dimensions, particularly in assuring a Just Transition to an economy that is low-carbon, resource efficient, and socially inclusive."
Carbon offsetting is a carbon trading mechanism that allows entities such as governments or businesses to compensate for (i.e. “offset”) their greenhouse gas emissions. It works by supporting projects that reduce, avoid, or remove emissions elsewhere. In other words, carbon offsets work by offsetting emissions through investments in emission reduction projects. When an entity invests in a carbon offsetting program, it receives carbon credits. These "tokens" are then used to account for net climate benefits from one entity to another. A carbon credit or offset credit can be bought or sold after certification by a government or independent certification body. One carbon offset or credit represents a reduction, avoidance or removal of one tonne of carbon dioxide or its carbon dioxide-equivalent (CO2e).
Business action on climate change includes a range of activities relating to climate change, and to influencing political decisions on climate change-related regulation, such as the Kyoto Protocol. Major multinationals have played and to some extent continue to play a significant role in the politics of climate change, especially in the United States, through lobbying of government and funding of climate change deniers. Business also plays a key role in the mitigation of climate change, through decisions to invest in researching and implementing new energy technologies and energy efficiency measures.
EDF Energy is a British integrated energy company, wholly owned by the French state-owned EDF, with operations spanning electricity generation and the sale of natural gas and electricity to homes and businesses throughout the United Kingdom. It employs 11,717 people, and handles 5.22 million business and residential customer accounts.
Masdar (Arabic:مصدر), also known as the Abu Dhabi Future Energy Company, is an Emirati state-owned renewable energy company. It was founded and chaired by Sultan Al Jaber in 2006 as a subsidiary of Mubadala Investment Company. The company is responsible for development of Masdar City, which is the headquarters of International Renewable Energy Agency.
Carbon accounting is a framework of methods to measure and track how much greenhouse gas (GHG) an organization emits. It can also be used to track projects or actions to reduce emissions in sectors such as forestry or renewable energy. Corporations, cities and other groups use these techniques to help limit climate change. Organizations will often set an emissions baseline, create targets for reducing emissions, and track progress towards them. The accounting methods enable them to do this in a more consistent and transparent manner.
A low-carbon economy (LCE) or decarbonised economy is a concept for a desirable economy which has relatively low greenhouse gas (GHG) emissions per person. GHG emissions due to human activity are the dominant cause of observed climate change since the mid-20th century. There are many strategies and approaches for moving to a low-carbon economy, such as encouraging renewable energy transition, efficient energy use, energy conservation, electrification of transportation, carbon capture and storage, climate-smart agriculture. An even more ambitious target than low-carbon economies are zero-carbon economies with net zero emissions. An example are zero-carbon cities.
Renewable energy in Australia includes wind power, hydroelectricity, solar photovoltaics, heat pumps, geothermal, wave and solar thermal energy.
ecosecurities is a company specialized in carbon markets and greenhouse gas (GHG) mitigation projects worldwide. ecosecurities specializes in sourcing, developing and financing projects on renewable energy, energy efficiency, forestry and waste management with a positive environmental impact.
myclimate was spun off from the Swiss Federal Institute of Technology Zurich in 2002 as a nonprofit climate protection organisation based in Switzerland to enable climate protection with economic mechanisms such as price-tagging carbon dioxide and integrating the externality into the market. They promote climate protection on three levels: avoidance techniques such as capacity building and teaching, reduction and carbon offsetting. myclimate advocates for the development of a carbon market while setting new standards in carbon emissions and in designing a sustainable society.
Element Markets, LLC is a limited liability company that provides environmental asset management and compliance services to institutional clients in North America. Its services span the greenhouse gas, emissions, and renewable energy credit markets. Element Markets also develops renewable energy and greenhouse gas emission reduction projects. Element Markets was founded in 2005 and is headquartered in Houston, Texas.
Eco-investing or green investing is a form of socially responsible investing where investments are made in companies that support or provide environmentally friendly products and practices. These companies encourage new technologies that support the transition from carbon dependence to more sustainable alternatives. Green finance is "any structured financial activity that has been created to ensure a better environmental outcome."
Christoph Sutter is a Swiss carbon expert and entrepreneur. Christoph attended the Swiss Federal Institute of Technology where he studied for an MSc in environmental science (1993–1999) and a master of didactics on environmental science. He also concluded his PhD on the topic, "Sustainability Assessment of CDM Projects under the Kyoto Protocol" at the same school. His thesis was awarded the ETH medal for the best PhD thesis in 2003. He completed his education with a McKinsey mini MBA in Toronto in Summer 2005.
Carbon Clear is a sustainability consultancy. Carbon Clear is a founding member of the International Carbon Reduction and Offset Alliance (ICROA).
Climate finance consists of funding processes for investments related to climate change mitigation and adaptation. The term has been used in a narrower sense to refer to transfers of public resources from developed to developing countries, in light of their UN Climate Convention obligations to provide "new and additional financial resources". In a wider sense, the term refers to all financial flows relating to climate change mitigation and adaptation.
Renat Heuberger is the co-founder and Senior Adviser of South Pole, a carbon finance consultancy. He was CEO until resigning on 10 November, 2023. He has been engaged as a social entrepreneur in the fields of sustainability, climate change and renewable energies since 1999.
An energy transition is a significant structural change in an energy system regarding supply and consumption. Currently, a transition to sustainable energy is underway to limit climate change. It is also called renewable energy transition. The current transition is driven by a recognition that global greenhouse-gas emissions must be drastically reduced. This process involves phasing-down fossil fuels and re-developing whole systems to operate on low carbon electricity. A previous energy transition took place during the industrial revolution and involved an energy transition from wood and other biomass to coal, followed by oil and most recently natural gas.
Glovo is a Spain-based, multi-category app founded in 2014 by Oscar Pierre, and launched in 2015 by himself and Sacha Michaud following an initial round of funding. Since then, the company has successfully participated in 7 rounds of funding, raising $1.0B in total.
Sustainable finance is the set of financial regulations, standards, norms and products that pursue an environmental objective. It allows the financial system to connect with the economy and its populations by financing its agents while maintaining a growth objective. The long-standing concept was promoted with the adoption of the Paris Climate Agreement, which stipulates that parties must make "finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development." In addition, sustainable finance had already a key role to play in the European Green Deal and in other EU International agreements, but since the COVID-19 pandemic its role is even more important.
The environmental effects of bitcoin are significant. Bitcoin mining, the process by which bitcoins are created and transactions are finalized, is energy-consuming and results in carbon emissions as about half of the electricity used is generated through fossil fuels. Moreover, bitcoins are mined on specialized computer hardware with a short lifespan, resulting in electronic waste. The amount of e-waste generated by bitcoin mining is comparable to the one of the Netherlands. Scholars argue that Bitcoin mining could support renewable energy development by utilizing surplus electricity from wind and solar. Bitcoin's environmental impact has attracted the attention of regulators, leading to incentives or restrictions in various jurisdictions.
