With the need to resolve climate change and a universal impact rating, Moody’s Investors Service picks an opportune moment to court the impact investing field.
PRIMUKYEAE, Ghana — A new eight-month radio program focused on helping farmers adapt to climate change began in this agricultural community last month.
The program was created through an international partnership between the Ghanaian Ministry of Food and Agriculture, the German Technical Cooperation and Farm Radio International (FRI). It will broadcast throughout the district of Kintampo, in Brong Ahafo, a region of Ghana that accounts for 75 percent of the country’s agricultural production. The program focuses on providing climate-smart agriculture tips, market information and weather forecasts.
Journalist McKenzie Funk is an adventurer, as much in his intellectual pursuits as in his taste for sport. He would rather climb a 26,000-foot mountain than hang with the press corps. So it is with his new book, “Windfall: The Booming Business of Global Warming,” which recounts myriad efforts to cash in on climate change. An absurd display of Canadian militarism first piqued Funk’s interest in the topic. In 2006, he found himself aboard the Canadian frigate HMCS Montréal as it surged toward the Northwest Passage.
Climate adaptation, preparing for the effects of climate change, often gets overlooked in sustainable business discussions. However, it presents some powerful and innovative opportunities for entrepreneurs. If you look only at the photos of my new favorite blog, you’ll see two smiling women gallivanting across the USA: dipping their feet in the sea, hitching rides on golf carts and literally hugging trees. But look a little closer and read the posts, and you’ll soon realize this is not a frivolous cross-country jaunt. Kirsten Howard and Allie Goldstein embarked on the Great American Adaptation Road Trip to explore how businesses, municipalities, communities and individuals are preparing for the repercussions of climate change.
The world’s political and economic elite are gearing up to make the pilgrimage to the World Economic Forum next week. From warnings and criticisms to tongue-in-cheek guides to crashing parties, the sleepy ski resort of Davos is back for its annual outing in the news. For many, it’s just another “important” event, full of people “chasing successful people who want to be seen chasing other successful people”. So why bother – literally and metaphorically – to make the long trek up?
“Goodbye sustainability, hello resilience,” recently wrote Andrew Zolli, co-author with Ann Marie Healy of Resilience: Why Things Bounce Back. Resilience, as defined in their book, is “the capacity of a system, enterprise, or a person to maintain its core purpose and integrity in the face of dramatically changed circumstances” – an ideal attribute of any system especially in the face of unexpected events, such as the recent natural disasters, or more subtle disturbances that have systemic consequences. (more…)
The teetering Eurozone and the unstable global economy are the biggest issues facing the world today, said business, academic and governmental leaders this week. Following close behind, however, was resource scarcity, which ranked No. 4 among the top 10 global trends leaders named in the Global Agenda Survey, run by the World Economic Forum Network of Global Agenda Councils, and released Tuesday. Although the list was mostly dominated by political and economic concerns, some key sustainability issues were at the top of leaders’ minds. Climate change also made it into the top 10, although the timing of the survey – which was taken before Hurricane Sandy hit New York City – may have kept climate issues from climbing higher on the list, which captures the opinions, insights and expertise of the 900 global experts here in Dubai for the Summit on the Global Agenda.
Also known as the braintrust of the World Economic Forum, the Global Agenda Council participants here in Dubai are an assemblage of what some would call the world’s brightest, most accomplished, and most intelligent. We have taken the chance to meet and speak with Nobel Prize winners, CEO’s, NGO founders, professors and etc. As my first event coverage as an editor, it has been energizing to see our reporters develop their thoughts from these meetings the past three days, which will be published as podcasts and blogposts in the following weeks. Personally, maybe because I am an academic researcher, I also find valuable the stock of knowledge that the Forum has been collecting before and during the summit, with the Global Agenda Councils. For example, just yesterday, the Global Agenda Survey was released.
The Technology Economy panel at the ISEE 2012 Conference – Ecological Economics and Rio+20 discussed the urgent need of a governing body for technology assessment specifically focused on geoengineering. The panel discussed the potential for the UN to adopt an international institute to assess and monitor the safety of new and existing technology using the precautionary principle. Panelist Pat Mooney, Right Livelihood Award winner (Alternative Nobel Prize), and ETC Group founder, said that the global governance of geoengineering technologies is the key to improving knowledge exchange on technological adoptions. According to the 2012 New Oxford English dictionary, geoegineering is defined as “the deliberate large-scale manipulation of an environmental process that affects the earth’s climate, in an attempt to counteract the effects of global warming.” Basically, it has a technological approach that does not include the change in consumption patterns or the promotion of low-tech organic agriculture.
I interviewed Her Excellency Ms. Edna Molewa, the Minister of Water and Environmental Affairs of the Republic of South Africa, at the 6th World Water Forum in Marseille. South Africa is unique — as a nation as it has a higher financial water budget than defense budget. This is a remarkable achievement for any nation irrespective of its economic status. Thanks to this investment in and prioritization of water, South Africa has made tremendous progress on the Millennium Development Goals (MDG). It has met its goals for water but it lags on its sanitation targets and service deliveries. In this interview, Ms. Molewa and I discussed the challenges to achieving the sanitation MDG target, possible fudging of numbers by some countries in their MDG reporting, South Africa’s stance on climate change and its position on Sustainable Development Goals.