Search for any green Service

Find green products from around the world in one place

Southeast Asia’s $200+ Billion Renewables Opportunity

Southeast Asia’s $200+ Billion Renewables Opportunity

There is a $205-billion opportunity in renewable energy for Southeast Asia from which China, Japan, and South Korea could benefit as the biggest energy lenders to smaller countries in the region, Greenpeace has said in a new report.

“These three East Asian countries are top global energy investors, with established ties in Southeast Asia. But coal finance is drying up and banks are struggling to get a grip on clean energy finance. The climate crisis depends heavily on the flexibility and ingenuity of East Asian finance. And state-backed public development banks once again need to play the trailblazer role to engage new markets,” according to Insung Lee, project manager of Greenpeace Japan’s climate and energy team.

Southeast Asian countries, according to the report, will need investments of some $125.1 billion for solar energy over the next ten years, as well as $48.1 billion for wind energy, assuming they want to pursue the renewable energy path instead of sticking to fossil fuels. And China, Japan, and South Korea are in a position to convince them to choose the renewable energy path by investing in solar and wind rather than fossil fuels.

However, the report notes that the three East Asian powerhouses are also large exporters of coal infrastructure and lenders for coal power plants to their neighbors in Southeast Asia. This has to change if they are to reap the benefits of the nascent renewable energy financing market in the region, the report says.

“East Asian finance will be as important for renewable energy in Southeast Asia as it was for coal. Over the past two decades, we’ve seen East Asian banks skew the margins towards coal to keep the fossil fuel profitable despite ballooning financial risk. Over the next decade, we’ll see them apply the same ingenuity to unlock renewable energy from the restrictions of their own financial framework,” Greenpeace Japan’s Lee also said.

 


By Charles Kennedy

Source Oilprice.com

 

Interceptor Series production to start

Interceptor Series production to start
  • The Ocean Cleanup has partnered with Konecranes to series produce Interceptors
  • This partnership prepares The Ocean Cleanup for global Interceptor scale-up
  • New design updates improve efficiency for operations and mass production
  • Two Interceptors with these design changes are being built in tandem, in Malaysia right now

To rapidly address the urgent problem of plastic pollution, we must deploy Interceptors on an industrial scale, but we cannot do this by ourselves. Today, we announced that we are partnering with Konecranes to handle manufacturing and series production of Interceptors in their MHE-Demag facilities in Malaysia – with two in production right now. Over the last year and a half, we have gained valuable insights into the Interceptor technology and, together with Konecranes’ MHE-Demag, we have made updates to the design that improve its operational and manufacturing efficiency.

 

Interceptors 005 and 006 being manufactured side by side at Konecranes’ MHE-Demag

 

INTERCEPTOR DESIGN UPDATES

Laying the groundwork for global scaleup, Interceptors 005 and 006 are currently being built simultaneously at Konecranes’ MHE-Demag facility in Klang, Malaysia and are expected to be completed in May 2021. These two Interceptors will be different from the 1st and 2nd generations deployed in Jakarta, Indonesia; Klang, Malaysia; and Santo Domingo, Dominican Republic. Because we have chosen an iterative design path, we continually learn about our technology in real-time and adjust the technology. This process is ongoing so that we are always learning, adapting, and iterating. The 3rd generation is the result of knowledge gained from these deployments to help improve its collection efficiency and ease of production. The key updates to the next Interceptors are:

  • Conveyor belt: The conveyor belt is now 2.5 meters (1.6x wider). The expanded width allows for a less obstructive flow and better distribution to the dumpsters.
  • Barge and dumpsters: To adapt to the new conveyor belt width, the barge and the six dumpsters inside the Interceptor are now widened as well, which makes transfer from conveyor to dumpster easier and more effective.
  • Power and energy system: The new Interceptor design features improved monocrystalline solar cell panels and a smart energy storage system, which is smaller but still meets the 100% solar energy demand required to operate the Interceptor.
  • Catamaran Structure: This updated version features a new frame and catamaran structure built from the ground up. The modular design is specifically designed to facilitate containerization and swift deployment globally.

 

Preliminary visual representation of Interceptor front view – 2nd Gen in the back and 3rd Gen in the front.

 

WHY KONECRANES IS OUR CHOSEN PARTNER

Konecranes is renowned for its market-leading technology and service in material handling and lifting products. Its engineering and design expertise, along with its global service network, will enable them to assemble and install Interceptors around the world. Moving forward, Konecranes will handle Interceptor manufacturing, installation, and maintenance; local partners will oversee operations, and The Ocean Cleanup will continue to act as the technology and best practices provider, lead business development for upcoming Interceptor projects, and further conduct scientific research.

 

GOING GLOBAL

Our aim is to address the 1000 most polluting rivers around the world to achieve our goal of clean oceans. Because we are a small team, we could not do this alone – and we never planned to. Thanks to partnerships like Konecranes we can benefit from their manufacturing expertise and global footprint while we continue to develop our technology. Interceptors 005 and 006 are expected to be completed in May 2021 with one more in the lineup for LA County.

 


 

Source The Ocean Cleanup

Philippine bank RCBC to stop lending for new coal-fired power projects

Philippine bank RCBC to stop lending for new coal-fired power projects

 

The Yuchengco Group takes a hard stance against coal power plants, but notes that the shift toward renewable energy will be very challenging.

 

“No more coal, no more coal. I’ll say that slowly: no more coal!”

 

Rizal Commercial Banking Corporation (RCBC) president and chief executive officer Eugene Acevedo made it clear that the Yuchengco-led bank will no longer fund coal energy projects, as the Philippines moves to cleaner energy sources.

Acevedo’s statement comes months after the Department of Energy announced that it will no longer accept new applications for greenfield coal power plants.

However, he noted that coal projects that were funded before will be on their balance sheets “for a while,” and admitted that it would be difficult for the country to rely entirely on renewables.

“It’s not to say that it will be all renewables, because the clouds can come, the waves can stop…to create a robust energy grid, there has to be a combination of renewables plus a few power plants that are rapidly ratcheted up…and those plants are usually gas-fired,” Acevedo said in a forum by the Yuchengco Group on Thursday, December 10.

PetroEnergy Resources president and chief executive officer Milagros Reyes added that while the coronavirus pandemic underscored problems with fossil fuels, particularly price volatility, the shift to green energy will remain challenging.

For instance, Reyes said that while funding for coal will be taken out, it will not necessarily go to wind, solar, or geothermal energy projects.

“It’s going to be mostly natural gas, that’s ‘deplete-able.’ But it’s clean. It’s not like coal. So like what Eugene is saying, they’ll probably be funding a lot of the LNG projects,” she said.

“However, and this is a big however, we do not expect immediate change because the fossil fuel and its products still have a big demand, but the demand will eventually scale down especially here in the Philippines.”

PetroEnergy has interests in oil exploration, geothermal, wind, and solar energy.

Reyes also noted that there are various coal-fired power plants under construction now, which will be up and running by as early as 2022.

Some Philippine banks have started to move away from funding coal projects and have set milestones in sustainable finance.

In the case of RCBC, it issued its first green bonds in 2019 amounting to $290 million or around P15 billion. It also raised P8 billion from its first peso-denominated sustainability bonds, and another $300 million in September 2019.

These bond issuances have funded a total of 9,797 green and social projects amounting to more than P56 billion.

RCBC’s sustainable lending portfolio comprised 10% of total loans as of end-September 2020.

 


 

By Ralf Rivas

Source Rappler

India pushes back against strengthening climate pledge

India pushes back against strengthening climate pledge

The easiest way to irritate a senior official in India’s Ministry of Environment, Forest and Climate Change is to ask if the government is enhancing its Paris ambition. “Why should we?” everyone from the minister to the joint secretary snaps back. “We’re the only G20 country to have met our Paris commitments. We’ve gone well beyond. Why don’t you ask the countries lecturing us to mend their own ways instead?”

Five years after the landmark Paris Agreement, climate change is gathering pace despite the pandemic-forced hiatus in greenhouse gas (GHG) emissions. Impacts of climate change are already here for all to suffer and pledges to control emissions are still inadequate.

Hope was to be rekindled in 2020, when 195 governments and the European Union were expected to strengthen their pledges at the annual UN climate summit. Covid-19 has forced a one-year delay to that summit scheduled in Glasgow.

Meanwhile, major economies such as China, Japan and South Korea are among 126 countries that have declared dates by which they will be carbon neutral. Add to that the expectation that Joe Biden will make some big-ticket climate announcements as soon as he takes over the US presidency.

Altogether, it has led to shriller demands from rich countries that India – the world’s fourth-highest GHG polluter after China, the US and the EU – should announce the strengthening of its Paris pledges.

This makes the Indian government bristle in private and reiterate in public what India has been doing on the climate front. Prime Minister Narendra Modi told the recent G20 virtual summit how India has the world’s most ambitious renewable energy programme.

“We will meet our goal of 175 gigawatts (GW) of renewable energy (RE) well before the target of 2022. Now, we are taking a big step ahead by seeking to achieve 450 gigawatts by 2030,” he promised.

Installed RE capacity is now around 78 GW, with a similar amount under construction. Observers think installed capacity will reach the 175 GW mark on time, but building of transmission lines is lagging behind.

Environment minister Prakash Javadekar repeatedly points out that international climate analysts have calculated that India is the only major economy on track to stick to pledges made to keep global temperature rise within two degrees Celsius above pre-industrial levels.

India’s mitigation pledge to reduce intensity of emission per unit of production – rather than reducing the emission itself – has helped. Industrial efficiency improvements were moving the country in that direction anyway.

Javadekar also says often that India is the only big country to add to its green cover in recent years. Most of this addition is not in forests but plantations, which does not help biodiversity.

Ministers and officials point to two initiatives launched by Modi as a sign of new action: the International Solar Alliance (ISA) in 2015 and the Coalition for Disaster Resilient Infrastructure (CDRI) in 2019. After initial hiccups, the ISA has started some work on the ground – especially in training people from other developing countries to set up and maintain solar installations. The CDRI has received backing from most countries, but is yet to make waves.

The Indian government’s position has been strengthened by the latest report card by global climate analysts from Germanwatch, New Climate Institute and Climate Action Network. They place India 10th among the 61 largest economies who were checked to see if they are on track to meet their Paris pledges. China is 33rd and the US last.

 

Implementing Paris pledges

India recently set up an Apex Committee for Implementation of Paris Agreement (AIPA). Steered by the environment ministry, it has representatives from 14 ministries, in an effort to coordinate climate policies, regulate carbon markets and see how private companies are doing. The ministries include finance, agriculture, science and technology, new and renewable energy, water, power, earth sciences, health, housing and urban affairs, rural development, external affairs, commerce and industry.

As the first implementation period of the pledges made under the Paris agreement starts in 2021, the main job of the committee will be to ensure India sticks to its three promises – a 33-35 per cent reduction in emissions intensity by 2030 from 2005 levels; 40 per cent of all electricity to be generated from non-fossil fuels by 2030; and tree plantation programmes that can remove 2.5-3 billion tonnes of carbon dioxide-equivalent GHG from the atmosphere.

AIPA will be in charge of providing information to the UN Framework Convention on Climate Change (UNFCCC) on India’s progress.

 

The coal affair

While these steps are unexceptionable, the government gets defensive when asked why India continues to push coal-fired power plants. Not only are they the biggest GHG emitters, they are now costlier than renewable energy for much of the day. Despite that, fresh coal mining figured prominently in the government’s pandemic-recovery economic package.

The only defence one hears is that the coal industry employs millions of people. There has been no move towards encouraging these millions to take up alternate jobs. Some coal-dependent economies – such as Poland – have been seeking a “just transition”.

As host and president of the next climate summit, the British government is going to launch an Energy Transition Council, which will bring together the global political, financial and technical leadership in the power sector, and help to ensure that every country considering the energy transition can access needed support.

But there is no discussion of transition among Indian policymakers. Environmental NGOs in the country have started talking about it, but only a few and only very recently.

 

Serious problems with wider governance

There is no climate scepticism in India. More frequent and more severe droughts, floods, storms, forest fires, locust attacks have taken care of that. The government’s own scientists have emphasised the need to control GHG emissions.

But that has not stopped the government from seriously weakening environmental protection laws. The prime minister told the G20 summit, “We are encouraging a circular economy.” But the government is now even allowing drilling for oil and mining for coal inside once-protected forests. In the haste for post-Covid economic recovery, green options have been ignored even more than before.

The adverse impacts of such poor governance are worsened by climate change. India may be on track to fulfil its Paris pledge as far as mitigating GHG emissions is concerned, but its misgovernance of natural resources is reducing the resilience of Indians to deal with climate change impacts. Costs of adaptation are going up, and so are the loss and damage the country is suffering.

The dangers of poor governance are known, and were reiterated last year by scientists in the Intergovernmental Panel on Climate Change, when they brought out a special report on the relationship between land degradation and climate change.

The launch of that report was followed by the summit of the UN Convention to Combat Desertification, hosted and presided over by India. Its main conclusion was that land has to be saved to fight climate change. India is doing the opposite.

 

In lieu of a climate summit

While the actual UN climate summit has been postponed, a virtual “climate dialogue” was held recently, leading up to a Climate Ambition Summit on December 12 – the anniversary of the Paris Agreement.

At the dialogue, speakers made it clear that disastrous climate change is in the offing unless all governments take immediate steps. At a session convened by the UNFCCC, scientists also warned that emissions continue to be far higher than what governments pledged in the Paris Agreement, and there is an urgent need for countries to close this gap as well as strengthen their pledges.

Current pledges are leading the world to a temperature increase of anywhere between 2.7 and 3.5 degrees Celsius above pre-industrial times. The world is already 1.2 degrees warmer.

 


 

By Joydeep Gupta, The Third Pole

Source Eco-Business

Swell Readies $450M in Financing for Solar-Plus-Battery Virtual Power Plants

Swell Readies $450M in Financing for Solar-Plus-Battery Virtual Power Plants

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and then earn the money back by turning them into virtual power plants serving utilities’ grid needs.

Ares Management Corp. and Aligned Climate Capital will provide up to $450 million to back projects Swell is developing with four undisclosed utilities in three states, according to Thursday’s announcement. The projects will deliver a combined 200 megawatt-hours of dispatchable energy capacity spread across about 14,000 solar-storage systems, to be completed by 2023.

It’s a massive potential investment in a form of distributed energy resource aggregation that’s growing by leaps and bounds across the country. Multiple companies are bundling solar-battery systems to earn revenue from their flexibility as wholesale energy market capacity or utility grid services.

U.S. residential solar leader Sunrun has taken a lead with projects in California, Massachusetts, New York and Hawaii. Solar and battery provider Tesla has virtual power plants with Vermont utility Green Mountain Power and in Australia, and Shell-owned sonnen has expanded its extensive VPP work in its home market of Germany with projects in Utah and California. Generator maker and recent battery entrant Generac is also seeking to crack the residential VPP market with its acquisition of Enbala.

On the commercial side, a host of European energy giants have acquired distributed energy companies, giving them stakes in the U.S. market. Enel X is aggregating batteries, electric vehicle chargers, and commercial and industrial demand response; Engie is pulling together solar, storage and demand response; and Centrica Business Solutions is integrating the load flexibility of acquisition REstore Power into distributed energy offerings.

This year, two grid giants have formed energy-as-a-service joint ventures: Schneider Electric with Huck Capital and Siemens with Macquarie Capital. These ventures can combine on-site natural gas generation for resiliency with solar and batteries for utility bill reduction and to meet clean energy goals.

These behind-the-meter assets are increasingly becoming targets for infrastructure investors. Earlier this week, demand response aggregator OhmConnect landed $100 million from Sidewalk Infrastructure Partners to finance smart thermostats and smart plugs to add up to 550 megawatts of flexible capacity to OhmConnect’s roughly 100 megawatts of load from about 150,000 residential customers in California.

 

Swell’s behind-the-meter battery-based VPP proposition

 

Venice Beach, Calif.-based Swell doesn’t make its own solar PV or battery systems. Instead, it packages batteries from partners LG Chem, sonnen and Tesla with rooftop solar and home energy controls in its EnergyShield offering, and charges customers monthly payments based on the size of the system.

The primary proposition for homeowners is reliable backup power during grid outages, an issue that’s risen to the fore with wildfire-prevention blackouts in California, its primary market. Thursday’s announcement includes the launch of Swell’s “home energy subscription agreement,” which offers monthly financing for systems that manage home energy generation, storage and consumption “in an optimized and transactive manner.”

But the same solar PV systems, batteries and home energy control platforms can be tapped to reduce load to help mitigate peaks in systemwide electricity demand or avoid localized grid pressures that could lead to expensive grid upgrades. Research firm Wood Mackenzie predicts that U.S. distributed energy resources (DERs) will reach 387 gigawatts of capacity by 2025, with $110.3 billion in cumulative investment over that time.

California is a key early market for companies eager to tap into their growing potential to earn money for helping to balance an increasingly clean-powered grid. WoodMac forecasts that the state’s DER capacity will grow from 4.7 gigawatts today to 13.5 GW by 2025, with EV chargers and behind-the-meter batteries making up the majority of new growth.

Swell has already announced one VPP contract with utility Southern California Edison, aimed at delivering 5 megawatts of load-reduction capacity from batteries in 3,000 homes. This is likely the first project to be funded by its newly announced capital investment financing vehicle, which Swell identified as its first utility VPP set for delivery in January.

While Swell hasn’t revealed the utilities or the locations of its most recent VPP plans, California is an obvious target. Other states with utility programs or wholesale energy market structures that could support these kinds of developments include Massachusetts, Vermont, Hawaii and New York.

 

A land grab for distributed energy investors

 

Solar-battery systems being sold to customers with the promise of reliable backup power and utility bill reduction must be carefully managed to assure those use cases aren’t compromised as systems are tapped for utility grid benefits or wholesale energy market revenues, said Elta Kolo, content lead for Wood Mackenzie’s grid edge team.

This differentiates efforts like Sunrun’s work to aggregate existing solar-battery customers into VPPs from the kind of investments that have become more prevalent over the past year, she said. The new wave of “asset-backed flexibility” is aligned with the imperative to reduce costs for customers’ DER installations and then find ways to monetize those DERs as market opportunities open up, she said.

“It’s a land-grab situation — building out these resources over the next five years and then…weaving these assets together into virtual power plants,” Kolo said. And in this model, “you won’t necessarily see customers owning these. You’ll see third parties owning them.”

Swell’s partnerships with sonnen and Tesla raise the question of whether its new financing vehicle will end up boosting the sales of those partners’ batteries into VPP projects already in the works in multiple states, said Chloe Holden, a WoodMac energy storage analyst focused on behind-the-meter batteries.

“In the behind-the-meter market, the objective right now is figuring out financing arrangements that are palatable for customers and deployment partners, while offering attractive services to utilities and grid operators,” Holden said.

 


 

By Jeff St John

Source Green Tech Media

Denmark just opened a huge vertical farm, and it could be a sign of things to come globally

Denmark just opened a huge vertical farm, and it could be a sign of things to come globally

When you look at a lush, green, delicious plant, you probably tend to think it comes from a fertile land somewhere in the world. Well, that might no longer be the only option out there. A vertical farm just opened up in an old warehouse without windows in Copenhagen and it expects to produce 1,000 tons of produce per year by 2021, showing that vertical farms really do have a solid future.

 

Image credit: Nordic Harvest

 

They won’t see the light of day or have access to soil, but hundreds of tons of lettuce, herbs, and kale (among other produce) will soon be coming out of the vertical farm. The advantage of the vertical farm is that it takes less space than a conventional crop, helping to meet the world’s food demand and producing food locally instead of importing it.

Around 37% of the earth’s landmass is used for agriculture, according to the World Bank. But climate change and conflicts can challenge the availability of land for farming, not to even mention soil erosion — one of the major environmental issues that often fly under the radar. A quarter of the world’s productive lands have already been degraded, according to the World Food Programme, challenging food security.

The project is run by YesHealth Group, a Taiwanese company with a long record developing vertical farming technology, in partnership with Nordic Harvest, a Danish start-up that wants to use technology to make food production more sustainable. YesHealth already runs in Taiwan the largest vertical farm in China.

It’s not actually a brand-new idea, as vertical farms have been around for almost a decade. They first took in Asia and the United States, which has the world’s biggest vertical farm, located in a steel mill in New Jersey and producing two million pounds of produce every year. But the idea is now also catching up in Europe.

 

“We offer a more sustainable way of producing food year-round, locally, without disturbing nature,” founder of Nordic Harvest, Anders Riemann, told Reuters. “We take some of the food production back into the cities where you can grow in a much smaller land and space-optimized in the height.”

 

The farm is installed in a 7,000 square meter hall and has 14 shelves of greens stacked up toward the ceiling in aluminum boxes. It’s all automated, with robots used to move the shelves into position and stack the produce. When fully operational, the farm will be hermetically sealed to secure the farming conditions.

 

Image credit: Nordic Harvest

 

Water consumption will be between 90% and 95% lower compared to traditional farming. No artificial fertilizers, pesticides, or other toxic chemicals will be used. About 200 tons of produce will be harvested in the first quarter of 2021 but this would reach 1,000 annually when the farm runs at full capacity by end of 2021.

The project also addresses one of the frequent criticism vertical farms have, the fact that they require a vast amount of electricity to provide artificial light — but for Denmark, that won’t be too big of a problem. The farm uses 20,000 specialized LEDs lightbulbs, manufactured by YesHealth, that are powered by renewable energy from Denmark’s extensive wind farms.

 

“A vertical farm is characterized by not harming the environment by recycling all the water and nutrition or fertilizer,” said Riemann. “In our case, we use 100% energy from windmills which makes us CO2-neutral.”

 

Denmark reported record-breaking wind power in 2019, covering 47% of the country’s electricity demands for the entire year. Out of the 47%, most came from onshore (29%), although offshore also generated a healthy amount (18%). The country expects to keep expanding renewables as a way to reduce its emissions.

 


 

by Fermin Koop

Source ZME Science

European Commission prepares ground for ‘ambitious’ sustainable finance strategy

European Commission prepares ground for ‘ambitious’ sustainable finance strategy

One year ago, Commission president Ursula von der Leyen presented the European Green Deal. 

“This is Europe’s ‘man on the moon’ moment’” and the European growth strategy for the next decades, she said.

But transforming the European economy to meet the CO2 reduction targets and mitigate global warming will not be easy or cheap: it will require an additional investment of €350 billion annually, according to the Commission.

This massive effort cannot be carried out only with taxpayers money. For that reason, the Commission launched a sustainable finance initiative in 2018 to guide private investments towards the green recovery. 

As the EU is in the process of increasing its ambition in CO2 emissions reduction to 55% by 2030, the Commission will present in early 2021 an “ambitious and comprehensive” renewed sustainable finance strategy, the Commissioner for Financial Services, Mairead McGuinness, announced in a speech in November.

The new strategy will build on the action plan launched two years ago and will explore new ways to include sustainability principles in finance and corporate sectors.

We need a complete rethink. Sustainable finance needs to become mainstream to have a transformative impact on society and on the planet, while also generating strong returns,” McGuinness wrote in her first op-ed published by EURACTIV in November.

The priorities of the new strategy will be to strengthen the foundations for sustainable investment; to increase the opportunities for citizens and the private sector to support sustainability targets; and to integrate climate and environmental risks into the financial system.

The tools to progress on these three priorities will include the non-financial reporting directive to enhance sustainability disclosures by corporates, and the development of a voluntary EU Green Bond Standard, with a legislative proposal expected in the first half of next year.

The Commission is also implementing the EU taxonomy regulation, which helps to distinguish what investments are truly sustainable, and the climate benchmark regulation.

All these instruments will increase the transparency and the integrity of the green finance and will help to avoid the so-called “greenwashing” (investments that falsely claim to be sustainable). 

The planned review of Solvency II rules, the EU regulation for the insurance sector, would also offer an opportunity to reward institutional investors’ support to the transition toward a more sustainable economy. One of the options could be demanding lower capital charges for sustainable investments. 

Insurers, however, do not support these “non-risk-based reductions” in capital requirements as incentives to address climate change, according to Insurance Europe, an industry group. 

‘Finance Watch’, a civil society association, instead proposed to penalise polluting activities by increasing capital charges for insurance companies’ investments in activities detrimental to a climate-neutral European economy.

In addition to the new sustainable finance agenda, the Commission is also reviewing other pieces of legislation that could spur green investment.

As part of the Stability and Growth Pact revision, the EU executive is considering including a “golden rule” that would favour public spending in sustainable projects under the deficit and debt thresholds. 

The Commission also started a review of its state aid rules last year to see whether they are aligned with the ‘green’ priority, which could open the gates to public support for sustainable projects.

Some other attempts, however, have failed to gain enough traction, such as the possibility of lowering the capital banks must hold for loans given to sustainable projects.

European Banking Authority chairman, José Manuel Campa, said that “we’re not going to get to a green economy if in the process we end up encouraging banks to be insolvent, and get into another financial crisis.”

 


 

By Jorge Valero

Source EURACTIV.com

Little difference reaches big goal, planting 100,000 trees and more

Little difference reaches big goal, planting 100,000 trees and more

When Pete and Sophie Oswald set up their company in 2016, the Blenheim couple had a goal to help plant 100,000 trees. Four years later, they’ve managed to exceed that.

Professional skier Pete and Sophie founded the gift card company, Little Difference in 2016.

For every greeting card or other product sold, a tree is planted in Madagascar – contributing towards permanent reforestation, and creating jobs for locals in the process.

Pete said to reach 100,000 trees planted through Little Difference sales was a “crazy thing”.

“The goal of 100,000 trees planted was a goal set ages ago, years ago even, so that’s really exciting,” he said.

Sophie said they wanted to start a business that was not only low-impact on the environment, but also beneficial to the world we live in.

 

Sophie Oswald plants a mangrove, a species known for storing carbon dioxide. Source: Stuff

 

“When you borrow someone else’s stuff, we think you should try to return it better than you found it. Well, this goes for Earth too, and we are only borrowing it from our children,” she said.

Most of the trees planted were native mangrove species, which were known for their high carbon sequestration, which meant they stored carbon dioxide or other forms of carbon to either mitigate or defer global warming.

Winter this year had also been busy for Pete, following the launch of a fundraiser in June where he vowed to plant one tree for every metre he climbed on the slopes as a free skier.

By August, he had already planted about 41,000 trees, having climbed 20,000 metres.

Donations had exceeded the amount of metres he had climbed, which was 30,668 metres.

Pete said with the ski season over, the final tree count for the fundraiser was 100,241 – which meant together with Little Difference, they had nearly planted 200,000 trees. This had created 1002 work days for locals.

 

Through sheer hard graft, Pete Oswald’s efforts helped to plant more than 100,000 trees. Source: Stuff

 

“It was amazing that people were willing to make donations and plant trees in a place that’s a world away, this couldn’t have been done without others help,” he said.

“So thank you massively to people that have supported it.”

The focus now was on Christmas, and selling as many gift cards as possible in order to plant more trees.

“It’s business as usual over there [Madagascar], they’re planting millions of trees each a month, and they’ve planted all our trees too.”

Pete said the pair had a new goal of one million trees.

 


 

By Maria Hart

Source Stuff

Sri Lanka returns first batch of imported waste from the UK

Sri Lanka returns first batch of imported waste from the UK

The first batch of 21 containers out of a total of 263 was labeled for recycling, but has been uncovered to be medical waste. This constitutes a violation of the Basel Convention that regulates the global movement of hazardous waste.

 

Sri Lanka has sent back the first batch of hundreds of containers of waste to the UK., becoming the latest nation in the Global South to push back against abuses of a worldwide recycling framework by exporters in the West.

An initial consignment of 21 containers arrived back in the UK., the county of origin, in late November, according to the ship-tracking data. There are still another 242 containers waiting to be shipped back, according to Sri Lanka Customs.

Sri Lanka, like many other countries in the Global South, routinely imports waste from the West to recycle. The country is also a party to the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal, which means exporters must obtain its consent to send medical or other biohazardous waste.

But the exporters behind the containers in question appeared to have flouted that rule by packing their containers with suspected medical waste, according to a customs inspection in July 2019. Officials reported finding discarded mattresses, carpets and rugs that appeared to be soiled.

“In this case, Sri Lanka hasn’t received any request from the UK., so this is an illegal shipment,” Ajith Weerasundara, director of chemicals and hazardous waste management unit at the Central Environment Authority (CEA), told Mongabay. “We have officially requested the UK. to recall the hazardous waste.”

Sunil Jayarathne, a spokesman for Sri Lanka Customs, told Mongabay that the containers were imported by a Sri Lankan company between 2017 and 2018 for the stated purpose of recycling, mainly to extract any metal contained in the waste items. A hundred and thirty of the containers were released to a metal recycling company, and some of the waste subsequently processed, but the rest were impounded in a free-trade zone.

In the meantime, a leading local environmental NGO, the Centre for Environmental Justice (CEJ), filed a petition seeking a court order to re-export the waste containers to the UK. and prosecute those responsible for the illegal shipment. In its petition, the CEJ highlighted possible damage to environment and threats to the health of the general public, as the waste appeared to be discarded hospital waste.

Responding to Sri Lanka’s formal request, the UK.’s Environment Agency agreed to recall the dumped garbage.

“UK is committed to tackling illegal waste exports, with individuals found to be exporting incorrectly described waste can be punished with a two-year jail term and an unlimited fine,” it said in a statement.

Following the agreement, the CEJ withdrew its petition, according to its executive director, Hemantha Withanage.

“It is also important to track the movement of the waste back to the country of origin as there had been instances of such garbage being dumped elsewhere,” he told Mongabay, adding that the CEJ continues to track the ships’ movement through online vessel-tracking portals. “We should also get the numbers of the individual containers as we can drill down to that level now,” he added.

 

Global South as a dumping site

Jayarathne of Sri Lanka Customs and Weerasundara of CEA said they are investigating the matter and those responsible for importing the hazardous waste can also be punished under the law.

Sri Lanka is also claiming 1.6 billion Sri Lankan rupees ($8.7 million) from the UK. as compensation under the provisions of the Basel Convention.

There are several recent examples of individual countries taking waste-exporting countries to task for violating the global treaty and attempting to use countries in the Global South as their waste dumps without obtaining consent.

Malaysia sent back 150 containers of plastic waste to their countries of origin in January 2019, and the Philippines returned 1,500 metric tonnes of garbage to Canada in June 2019. Cambodia also sent back 1,600 metric tonnes of plastic waste to the US and Canada in July 2019.

Sri Lanka is pushing in the same direction, according to Samantha Gunasekara, a former deputy director of Sri Lanka Customs. A 37-year customs veteran, Gunasekara told Mongabay there have always been attempts to dump foreign waste in Sri Lanka, and that an absence of specific legislation prevented the full prosecution of the perpetrators.

“Things have improved in the legal sphere since then with new regulatory mechanisms being improved, especially under the Imports and Exports Act,” Gunasekara said. “Sri Lanka, however, should introduce domestic laws to enable the application of Basel Convention provisions to advance our interests.”

Sri Lanka signed the Basel Convention in 1992, but the enabling legislation has yet to be introduced, he added.

He also warned about the growing trend of electronic waste, or e-waste, being dumped in Global South countries.

“There are a number of schemes where developed countries send their used computers to be distributed to students in poorer countries. This looks like a generous gesture, but computers have a limited lifespan, and when the machines turn into e-waste, this happens in the developing countries and add to their e-waste records,” Gunasekara said.

 

Managing local hazardous waste

Notwithstanding the influx of foreign waste, Sri Lanka needs to develop its capacity to handle hazardous waste, said Ajith de Alwis, a professor of chemical and process engineering at the University of Moratuwa.

The Covid-19 pandemic has shown the importance of having an industry-based economy as it is more resilient than a service-based one. But more factories would mean the generation of more waste. Across Sri Lanka, much of this waste is incinerated, but this is a process that’s nether desirable nor sustainable, de Alwis said.

“Sri Lanka needs to secure landfill sites to effectively handle such hazardous waste,” he said.

 


 

By Malaka Rodrigo, Mongabay.com

Source Eco Business

London’s Christmas Tree Rental Provides A Solution That Solves The Real VS. Artificial Tree Debate

London’s Christmas Tree Rental Provides A Solution That Solves The Real VS. Artificial Tree Debate

The Christmas tree is an age-old tradition that has not only become the symbol of Christmas—right next to Santa Claus, the mistletoe, and others—but has also become a key figure of any household.

And Christmas trees come in all shapes and sizes: the spruce, pine, or fir trees used are either artificial, electronic (you know, like using Christmas lights), or living, they can range from being a couple to dozens of feet high, and, believe it or not, there are even “half” and “quarter” Christmas trees. Yes, I was being quite literal when I said “shapes.”

But it doesn’t end there. If you’re a fan of the real thing, but want to be environmentally conscious, there’s even a solution for that—renting. Yes, turns out, in London, you can rent a tree that comes to your home in a pot, and returns to the wild once the festivities are over and waits for the next year.

 

Turns out, people can rent a Christmas tree for the holidays, after which it’s returns to its farm or forest

 

Image credits: Alexanda Lautarescu

 

PhD student and Twitter user Alexandra Lautarescu (@AleLautarescu) recently went to Twitter to share her joy and fascination with what she called a “sustainable X-Mas gem.” She posted a picture of a roughly 6-foot Christmas tree she got from the London Christmas Tree Rental that was waiting to be decorated.

In the tweet, she explained that the London Christmas Tree Rental lets people rent a tree in a pot. Then, in January, it goes back to live on the farm, awaiting its next Advent season. When the tree reaches 7 feet, it is retired and returns back to nature by being planted in a forest. The tweet ended up going viral immediately, getting over 62,000 likes and 7.3k retweets.

 

Twitter user A. Lautarescu recently shared her joy of a tree she rented from the London Christmas Tree Rental, after which the tweet went viral

 

Image credits: Alexanda Lautarescu

 

And speaking of the rental service, it was founded by Jonathan Mearns and Catherine Loveless, with whom Bored Panda got in touch for an interview. One January, Jonathan and Catherine took a stroll through the streets of London and noticed what could only be called a graveyard of Christmas trees—used and discarded after the holidays.

They thought to themselves that there must be a way to do Christmas trees differently. “We explored the rental concept and in our research we learned that 7 million cut trees go into landfill each year and when they rot they emit greenhouse gasses. The average rotting 6ft tree produces 16kg of CO2. When we realized this, we felt we had to try and make this rental idea work,” explained Chatherine Loveless, co-founder of London Christmas Tree Rental.

The way it goes is a person orders one of four sizes of trees—3, 4, 5, 6 or 7 feet in height, each size very aptly named Mr. Kensington, Miss Fulham, Mr. Westminster, Miss Islington, and Mr. Bromley appropriately. The shortest, the 3-foot Mr. Kensingon, costs £39 or just a bit over $50, while the tallest, the 6-foot Miss Islington, runs at £69 or $92 for the Christmas season.

 

The London Christmas Tree Rental, founded by Jonathan Mearns and Catherine Loveless, aims to reduce the amount of Christmas trees that end up in landfills

 

Image credits: London Christmas Tree Rental

 

“The trees have names based on London boroughs according to their size. Our smallest tree, Mr. Kensington is because Chelsea and Westminster is the smallest borough in London. Mr Bromley, our mighty 7 footer is due to Bromley being the largest borough. Miss Fulham comes in at a delightful 4ft, Mr Westminster is our 5 footer, and Miss Islington is our 6 footer,” elaborated Catherine. “We encourage the family to give them first names so that they can welcome them into the home each Christmas, on the whole, the trees are very well behaved and make perfect house guests!”

Then the living tree of your choice is delivered to your doorstep for you to place wherever you want around the house (avoid warmer parts of the room or else the tree will think spring came early) and to decorate however you please. Just make sure you also water it with about half a liter of water a day (it comes with its own drip plate, so things won’t get messy.)

Once the season is over, you then set up a time to have the company come pick up the tree, give you back the £30 or $40 deposit, given that the tree hasn’t been obliterated by the kids, the pets, and/or that one family Christmas dinner that nobody talks about. And if you liked the tree, you can reserve it for next season!

 

Co-Founder Catherine Loveless said the average rotting 6ft tree produces 16kg of CO2 and there’s around 7M of them annually in landfills

 

Image credits: Anna Gordon/FT

 

“All the trees are returned to the farm in January where they are cared for till the following year. If a customer has liked their tree, then it can return to them the following year.  97% of these rollover trees survived the 2 heatwaves this summer and were able to return to customers this year. They become part of the family and the customer is excited to see how much it has grown,” said Catherine.

Now, Catherine did explain that their business has two delivery options—one is where a customer can come to a local pop-up hub and choose the tree they have paid for, but this means that the customer will also need a car and the pot weighs a lot, while the other option is to rent it blind online and to have it delivered to you. And we both know Christmas trees are such a subjective thing.

BUT, despite this, this way you’re making sure your Christmas tree isn’t one of the aforementioned 7 million that have been cut down and met their fate in a local landfill, but one that will continue living and helping fight climate change.

 

The company offers several sizes of Christmas trees, each named after London’s smallest to biggest boroughs

 

Image credits: London Christmas Tree Rental

 

And if you’re wondering how you can turn this into an educational thing for the kids, the people at the London Christmas Tree Rental got you covered:

“We have a sister company, Holly Berry Trees, where Holly Berry, who is Father Christmas’s next door neighbour, posts out mini pot grown Christmas trees. These are predominantly to children and come with lights, decorations, reindeer poop (compost) and a beautifully illustrated story about life in the North Pole living next to Santa,” elaborated Catherine.

She continued: “They are not rented, but bought. After Christmas, the child can either keep the tree in it’s pot and it can come back into the house again the following year, or they can plant it directly into the garden. It is the child’s own tree, to name and care for. It educates the child from a young age to the importance of the environment and learning to care for something living, whilst wrapped up in a magical Christmas character.”

 

Depending on the size, renting a tree for the holidays will net you anywhere between £39 and £69 ($50–$92)

 

Image credits: London Christmas Tree Rental

 

Image credits: London Christmas Tree Rental

 

If you happen to live in the London area and haven’t got a Christmas tree yet, why not get in touch with the London Christmas Tree Rental? You can also follow them on the various social media that they’re on, including Facebook and Instagram.

But before you go decorating and Christmas shopping, why not let us know what you thought about this and what Christmas tree you’re going for this year in the comment section below!

 

People online loved the idea of a Christmas tree that they can rent just for the holiday season

 


 

By Robertas Lisickis

Source Bored Panda