According to a recent report, 87% of travelers want to travel more sustainably, but only 39% say that they accomplish the task on most or all occasions. Well, in a world that often focuses so heavily on comfort and convenience, it’s understandable. Many cultures and individuals are certainly making great efforts to lead eco-friendly lives, but many are still left wondering how to make those changes. Read on to explore a wide array of green ways to travel the globe.
Where You Go
Carefully choose your destination. Shorter distances without air travel are ideal, but obviously, that’s not always possible. So, if you’re planning to travel a little further, look into visiting destinations that value sustainability as well. It will be easier if the surrounding culture has the same eco-goals.
Places like Amsterdam are great because they do not rely heavily on vehicular transportation. They stick to bikes and their own two feet most of the time which makes a huge difference. Additionally, make sure that you’re not visiting a destination that is already overwhelmed with tourists and travelers to the point of causing harm. You don’t want to be a part of the problem.
How You Get There
It’s no secret that air travel is a non-ideal form of transportation right now, but since it is often unavoidable, there are a few small things that can help. First, do your research and choose the most fuel-efficient airline and second passport. When you do, book a non-stop, flight and sit economy.
A significant portion of a flight’s emissions is during take-off and landing, and business select or first class is responsible for three times more emissions than economy seating. And in preparation, pack lightly because an aircraft burns more fuel when it is carrying a heavier weight.
But, if you can avoid flying, go for a relaxing train ride. Traveling by train is widely popular in places like Europe and in the United States, you can make it the highlight of your journey. If you need to rent a car, you can check eco friendly car rentalis before you book.
Where You Stay
Look for accommodations that prioritize sustainability. Do your research and look for places that have certifications from a third party, like the Global Sustainable Tourism Council or the Rainforest Alliance. It doesn’t mean that you won’t have the amenities that you may want or need, it just means that they abide by a particular set of global standards that aim for a more “green” operation.
Even if you aren’t able to choose the ideal location, avoid air travel, or stay at a certifiably eco-friendly hotel, don’t worry. There is still plenty that you can do to lighten the load. Support the local economy, bring a reusable water bottle, carry a rain jacket, take shorter showers and go for ecotourism. Just do the best that you can, and you’ll be on the right track.
There is growing concern as forest land outside of conservation areas is steadily decreasing. There has been a disturbing reduction in primary forests of 40 million hectares in the last decade. The total area of forest within protected areas has increased by 94 million hectares in the past two decades and now accounts for 13% of the total of forests globally.
Tree healthcare for humans
Trees are well known for providing oxygen as a result of their photosynthesis process. It is in fact the carbon dioxide (CO2) that is removed during this process therefore helping to mitigate the negative effects of burning fossil fuels ie. CO2 production. The benefits to the world of this process make the existence and importance of the Amazon rainforest especially significant.
Trees benefit cities too
Not only are trees a beautiful addition to any city, they also serve a practical purpose by absorbing pollutants. Their presence makes a city appear more vibrant and more friendly. For example, San Francisco is home to 105,000 trees. Tree planting should be kept in pace with tree mortality and tree removal. A tree management plan is essential to ensure sustainability.
Tree management for woodland
Trees should be checked for health and also for the merchantability of the trees. When areas of the woodland require thinning out it is useful to produce a product that has a commercial value. This way waste management has been prioritized and has turned a Liability into an Asset.
The harvested wood/logs can be considered an asset and can be sold as fuel. Always ensure trees are removed when over-crowding is an issue to allow for tree growth of the remaining trees. The woodland is sustainable by including sufficient planting of new trees.
Arborists are trained to evaluate the health and ongoing sustainability of a tree. Oftentimes they can prescribe solutions to prolong a tree’s life, thereby protecting the environment as well as improving surrounding property values.
Most cities have tree service companies that offer trained arborists who can provide consultations. Depending on the depth of the consultation it may be free or at a very low price.
An ISA-certified arborist can make qualified decisions on whether a tree needs to be removed or if it can be saved.
Additionally, during their consultation, they will be careful to not damage the tree further. Trufast Tree Care has a certified arborist on staff for helping with these tree evaluations
Maintaining the urban trees
Your arborist can advise you of local procedures and the law regarding your trees which if not properly managed can become a legal liability. Some types of trees do not take well to heavy pruning, for example the Southern Live Oak is best not located in restricted areas where heavy pruning to clear avenues may be required. It is better to grow it in a larger landscaped area where it can grow with minimal pruning. They often reach 60 to 80 feet in height with a 60 to 100 foot spread.
The beautiful red maple is a great yard tree being very tolerant and is able to grow in nearly any conditions but especially in acid to neutral soils. Plant away from paths etc as the roots can raise sidewalks if too close. A good layer of organic mulch should be placed around the roots to feed and help retain moisture.
Presence of trees make a city appear more vibrant and eco-friendly
Another commonly found tree in the US is the Loblolly Pine. When found in plantations it provides the perfect habitat for wildlife such as deer, squirrels making it a very sustainable choice. Being a faster growing tree it requires more regular pruning.
Enjoy our future with sustainability for trees
Sustainability ensures we leave the world in a good state for future generations to enjoy, whilst still meeting the needs of the current population. Keep your trees maintained moving forward and always pay attention to the type of tree and manage accordingly. This way you can enjoy the many beautiful trees around you.
For a society accustomed to the achievements of a linear economy, the transition to a circular economic system is a hard task even to contemplate. Although the changes needed may seem daunting, it is important to remember that we have already come a long way. However, the history of the waste hierarchy has taught that political perseverance and unity of approach are essential to achieving long term visions in supply chain management.
Looking back, it is helpful to view the significance of the Lansink’s Ladder in the light of the sustainability gains it has already instigated. From the outset, the Ladder encountered criticism, in part because the intuitive preference order it expresses is not (and has never been put forward as) scientifically rigorous. Opposition came from those who feared the hierarchy would impede economic growth and clash with an increasingly consumerist society. The business community expressed concerns about regulatory burdens and the cost of implementing change.
However, such criticism was not able to shake political support, either in Holland where the Ladder was adopted in the Dutch Environmental Protection Act of 1979, or subsequently across Europe, as the Waste Hierarchy was transposed into national legislation as a result of the revised Waste Framework Directive.
Prevention, reuse and recycling have become widely used words as awareness has increased that our industrial societies will eventually suffer a shortage of raw materials and energy. So, should we see the waste hierarchy as laying the first slabs of the long road to a circular economy? Or is the circular economy a radical new departure?
Positive and negative thinking
There have been two major transitionary periods in waste management: public health was the primary driver for the first, from roughly 1900 to 1960, in which waste removal was formalised as a means to avoid disease. The second gained momentum in the 1980s, when prevention, reuse and recovery came on the agenda. However, consolidation of the second transition has in turn revealed new drivers for a third. Although analysing drivers is always tricky – requiring a thorough study of causes and effects – a general indication is helpful for further discussion. Positive (+) and negative (-) drivers for a third transition may be:
(+) The development of material supply chain management through the combination of waste hierarchy thinking with cradle to cradle eco design;
(+) The need for sustainable energy solutions;
(+) Scarcity of raw materials necessary for technological innovation; and
(+) Progressive development of circular economy models, with increasing awareness of social, financial and economic barriers.
(-) Growth of the global economy, especially in China and India, and later in Africa;
(-) Continued growth in global travel;
(-) Rising energy demand, exceeding what can be produced from renewable energy sources and threatening further global warming;
(-) Biodiversity loss, causing a further ecological impoverishment; and
(-) Conservation of the principle of ownership, which hinders the development of the so-called ‘lease society’.
A clear steer
As the direction, scale and weight of these drivers are difficult to assess, it’s necessary to steer developments at all levels to a sustainable solution. The second transition taught that governmental control appears indispensable, and that regulation stimulates innovation so long as adequate space is left for industry and producers to develop their own means of satisfying their legislated responsibilities.
The European Waste Framework Directive has been one such stimulatory piece of legislation. Unfortunately, the EC has decided to withdraw its Circular Economy package, which would otherwise now be on track to deliver the additional innovation needed to achieve its goals – including higher recycling targets. Messrs. Juncker and Timmermans must now either bring forward the more ambitious legislation they have hinted at, or explain why they have abandoned the serious proposals of their predecessors.
Perhaps the major differences between Member States and other countries may require a preliminary two-speed policy, but any differences in timetable between Western Europe and other countries should not stand in the way of innovation, and differences of opinion between the European Parliament and the Commission must be removed for Europe to remain credible.
Governmental control requires clear rules and definitions, and for legislative terminology to be commensurate with policy objectives. One failing in this area is the use of the generic term ‘recovery’ to cover product reuse, recycling and incineration with energy recovery, which confuses the hierarchy’s preference order. The granting of R1 status to waste incineration plants, although understandable in terms of energy diversification, turns waste processors into energy producers benefiting from full ovens. Feeding these plants reduces the scope for recycling (e.g. plastics) and increases CO2 emissions. When relatively inefficient incinerators still appear to qualify for R1 status, it offers confusing policy signals for governments, investors and waste services providers alike.
The key role for government also is to set clear targets and create the space for producers and consumers to generate workable solutions. The waste hierarchy’s preference order is best served by transparent minimum standards, grouped around product reuse, material recycling or disposal by combustion. For designated product or material categories, multiple minimum standards are possible following preparation of the initial waste streams, which can be tightened as technological developments allow.
Where the rubber meets the road
As waste markets increase in scale, are liberalised, and come under international regulation, individual governmental control is diminished. These factors are currently playing out in the erratic prices of secondary commodities and the development of excess incinerator capacity in some nations that has brought about a rise in RDF exports from the UK and Italy. Governments, however, may make a virtue of the necessity of avoiding the minutiae: ecological policy is by definition long-term and requires a stable line; day to day control is an impossible and undesirable task.
The road to the third transition – towards a circular economy – requires a new mind-set from government that acknowledges and empowers individuals. Not only must we approach the issue from the bottom-up, but also from the side and above. Consumer behaviour must be steered by both ‘soft’ and ‘hard’ controls: through information and communication, because of the importance of psychological factors; but also through financial instruments, because both consumers and industry are clearly responsive to such stimuli.
Where we see opposition to deposit return schemes, it comes not from consumers but from industry, which fears the administrative and logistical burden. The business community must be convinced of the economic opportunities of innovation. Material supply chain management is a challenge for designers and producers, who nevertheless appreciate the benefits of product lifetime extensions and reuse. When attention to environmental risks seems to lapse – for example due to financial pressures or market failures – then politics must intervene.
Government and industry should therefore get a better grip on the under-developed positive drivers of the third transition, such as eco design, secondary materials policy, sustainable energy policy, and research and development in the areas of bio, info, and nanotechnologies.
Third time’s the charm
Good supply chain management stands or falls with the way in which producers and consumers contribute to the policies supported by government and society. In order that producers and consumers make good on this responsibility, government must first support their environmental awareness.
The interpretation of municipal duty of care determines options for waste collection, disposal and processing. Also essential is the way in which producer responsibility takes shape, and the government must provide a clear separation of private and public duties. Businesses may be liable for the negative aspects of unbridled growth and irresponsible actions. It is also important for optimal interaction with the European legislators: a worthy entry in Brussels is valuable because of the international aspects of the third transition. Finally, supply chain management involves the use of various policy tools, including:
Rewarding good behaviour
Sharpening minimum standards
Development and certification of CO2 tools
Formulation and implementation of end-of-waste criteria
Remediation of waste incineration with low energy efficiency
Restoration or maintenance of a fair landfill tax
Application of the combustion load set at zero
‘Seeing is believing’ is the motto of followers of the Apostle Thomas, who is chiefly remembered for his propensity for doubt. The call for visible examples is heard ever louder as more questions are raised around the feasibility of product renewal and the possibilities of a circular economy.
Ultimately, the third transition is inevitable as we face a future of scarcity of raw materials and energy. However, while the direction is clear, the tools to be employed and the speed of change remain uncertain. Disasters are unnecessary to allow the realisation of vital changes; huge leaps forward are possible so long as government – both national and international – and society rigorously follow the preference order of the waste hierarchy. Climbing Lansink’s Ladder remains vital to attaining a perspective from which we might judge the ways in which to make a circle of our linear economy.
Note: The article is being republished with the permission of our collaborative partner Isonomia. The original article can be found at this link.
Many of us are now making more eco-friendly and environmentally conscious decisions every day. Whether it’s taking our own carrier bags to the shops, having a reusable water bottle or recycling your tin cans – little changes are making a big impact. When it comes to property, the eco revolution has increasingly been making waves. From solar panels to energy efficient light bulbs, our properties are becoming better for the planet. These priorities are also affecting property investment, with an increasing number of tenants looking for eco-friendly essentials in their property.
Eco-friendly homes are becoming increasingly popular with a new environmentally conscious generation starting to look for rental properties. Young professionals who are living in the city are less likely to buy a home than ever before, so are looking for a rental property that meets their exacting requirements. With many of them choosing to make environmentally friendly choices, like going plastic free or cutting down on how much meat they eat, accordingly they are looking for eco-friendly homes too.
Environmental impact is increasingly on the agenda of consumers in every aspect of their lives. Many are also willing to pay a premium for eco-friendly purchases. Research has shown that UK consumers would pay an average 10% more if they were buying something they thought had a positive impact on society. Property investors would be wise to bear this in mind when looking for new property investments. In an increasingly competitive rental market, the ability to raise prices because of eco credentials is a lucrative option for investors.
Furthermore, 40% of consumers think that sustainability is important when they are making a purchase. The impact of this can be seen in the growing number of brands and businesses that are making their environmental commitments obvious to consumers. It is clear that savvy property investors can be both environmentally friendly and business smart when looking to purchase new properties.
In another study, 80% of tenants believed that their landlords should be considering the environment more, and suggested measures like double-glazing, insulation and eco-modifications. These simple measures can make a large impact on the appeal of a property to prospective tenants. Increasing energy prices are another concern for occupants. In addition, 55% of renters asked said they would prefer a rental property with a smart meter if it was the same price. Energy efficient measures are both good for tenant’s monthly costs and for the environment so buy to let property investors can be at an advantage if their property offers these.
As of April 2018, buy to let landlords are legally required to have an EPC rating of E or above in their properties. This means that property investors are increasingly looking at new build properties which are already energy efficient and don’t require costly renovations. Tenants can also legally request that a landlord makes property improvements if the EPC rating is F or G.
Developers are increasingly taking sustainability and environmental impact into consideration when building new properties. Properties with energy efficient specifications, like many by RW Invest are providing investors with lucrative returns and high tenant demand. Recent changes to regulation mean that new build properties need to be energy efficient and this is making a huge impact on the buy to let market.
Biomass is one of the oldest and simplest ways of getting heat and energy, and it’s starting to make a comeback due to its status as renewable resource. Some, however, aren’t so sure that using more of it would be good for our environment. So, how sustainable is biomass energy really?
What is Biomass?
Biomass is organic material from plants and animals. It naturally contains energy because plants absorb it from the sun through photosynthesis. When you burn biomass, it releases that energy. It’s also sometimes converted into a liquid or gas form before it is burned.
Biomass includes a wide variety of materials but includes:
About five percent of the United States’ energy comes from biomass. Biomass fuel products such as ethanol make up about 48 percent of that five percent while wood makes up about 41 percent and municipal waste accounts for around 11 percent.
The Benefits of Biomass
Biomass is a renewable resource because the plants that store the energy released when it is burned can be regrown continuously. In theory, if you planted the same amount of vegetation that you burned, it would be carbon neutral because the plants would absorb all of the carbon released. Doing this is, however, much easier said than done.
Another potential is that it serves as a use for waste materials that have are already been created. It adds value to what otherwise would be purely waste.
While you can replenish the organic matter you burn, doing so requires complex crop or forest management and the use of a large amount of land. Also, some biomass, such as wood, takes a long time to grow back. This amounts to a delay in carbon absorption. Additionally, the harvesting of biomass will likely involve some sort of emissions.
Is it Sustainable?
So, is biomass energy sustainable? Measuring the environmental impacts of biomass fuel use has proven to be complex due to the high number of variables, which has led to a lot of disagreement about this question.
Some assert that biomass use cannot be carbon neutral, because even if you burned and planted the same amount of organic matter, harvesting it would still result in some emissions. This could perhaps be avoided if you used renewable energy to harvest it. A continuous supply of biomass would likely require it to be transported long distances, worsening the challenge of going carbon neutral.
With careful planning, responsible land management and environmentally friendly harvesting and distribution, biomass could be close to, if not entirely, carbon neutral and sustainable. Given our reliance on fossil fuels, high energy consumption levels and the limited availability of land and other resources, this would be an immense challenge to undertake and require a complete overhaul of our energy use.
Source locally: Using biomass that comes from the local area reduces the impact of distributing it.
Clean distribution: If you do transport biofuel long distances, using an electric or hybrid vehicles powered largely by clean energy would be the most eco-friendly way to do it. This also applies to transporting it short distances.
Measuring the environmental impacts of biomass fuel use is complex due to high number of variables
Clean harvesting: Using environmentally friendly, non-emitting means of harvesting can greatly reduce the impact of using biomass. This might also involve electric vehicles.
Focus on waste: Waste is likely the most environmentally friendly form of biomass because it uses materials that would otherwise simply decompose and doesn’t require you to grow any new resources for your fuel or energy needs.
Is biomass energy sustainable? It has the potential to be, but doing so would be quite complex and require quite a bit of resources. Any easier way to address the problem is to look at small areas of land and portions of energy use first. First, make that sustainable and then we may be able to expand that model on to a broader scale.
Global interest in environmental sustainability is on the rise. Businesses and individuals are making efforts to engage in more environmentally conscious practices, thanks in part to a growing worldwide population and dwindling natural resources. Ultimately, sustainability is the practice of finding long-lasting methods of maintaining our existing quality of life while still preserving the environment and natural resources.
Proponents must consider all aspects of environmental sustainability for it be successful. Additionally, eco-conscious thought must be applied to multiple professions to achieve deep-rooted results. Here are three ingredients to ensure the continued success of environmental sustainability.
Environmentally-friendly technology often carries higher upfront costs but pays off through long-term benefits, both to the environment and to individuals. Additionally, companies that invest in environmentally conscious technology can potentially market to a broader range of consumers with similar interests and values.
When considering options to follow more sustainable practices, consumers need to set specific goals they would like to achieve and define their plan of action. This will also help maintain perspective and keep the focus on the long-term incentives, which will keep everyone motivated to continue down the road to sustainability.
Another key factor in environmental sustainability is protecting and preserving the environment. Part of this practice includes sustainable use and management procedures. While specific materials may be renewable over time, overuse can deplete these resources and lead to shortages. Industry professionals must give careful consideration to planning how, when and in what quantity resources will be used.
Surprisingly, several sustainable methods exist to renew depleted environmental resources in a fast and environmentally conscious manner. Agricultural practices often strip fields of necessary minerals and nutrients while leaving behind harmful inorganic residuals from fertilizers.
Naturally occurring microorganisms will eventually restore the soil’s nutrients and neutralize noxious compounds, though this process takes a long time. Bioremediation can expedite this process. Industry professionals can introduce higher numbers of the naturally occurring microbes and then create their optimal living conditions by varying the amount of water and food they have available.
Once the harmful pollutants are neutralized, farmers can resume planting operations. In addition to bioremediation, sustainable agricultural practices include rotating crops and using cover crops. Rotating crops and using cover crops can help reduce the occurrence of weeds and the impact of pests. In turn, farmers can use less fertilizer and maintain soil health for more extended periods.
Fostering interest in sustainability at a young age will encourage future leaders
Without proper education, the general public won’t understand the importance of sustainability. This may lead to a decreased demand for sustainable products and procedures, which will foster growth in non-sustainable markets and practices. Future generations will then be left with the task of preserving and repairing the environment.
Fostering interest in sustainability at a young age will encourage future leaders to create innovative solutions to meet the current demands of society through unconventional and eco-conscious means. The future youth will also need the proper educational background to develop the tools they need to cultivate these solutions.
Environmental education also helps adults understand the impact their choices have on themselves and society. Uneducated adults may not recognize their choices to pollute or use toxic chemicals are degrading the local water supply for their neighbors or are harmful to their health. Once they understand the full weight of their decisions, they will be able to make the most informed choices.
With proper management and forethought, environmental sustainability can be fully achievable in our society today.
Ecotourism has gained popularity as different states seek sustainability. It was one of the millennial goals at the global level, and many states have invested money and ideas into the project. Cyprus has not been left behind and has done a lot to promote a new form of ecotourism in the country. If you are planning to obtain a Cyprus immigration with One Visa, their agents definitely mention a few things about ecotourism in Cyprus. Now that you are reading this publication, you have come to the right place to get insights on a new form of ecotourism.
Cyprus has a plethora of trained guides to lead you on nature walks. You can easily choose the destination from a list of many depending on what you want to view and experience. Some are best suited for the family while others are suited for explorers.
For walks and expeditions in the forest and on the beaches, the guides will explain all the regulations that seek to protect the habitat by leaving it as natural as possible. Unfortunately, Cyprus’s government does not allow collection of souvenirs and artifacts.
Cyprus Village Tours
Cyprus still has people living in villages in rural areas. However, the villages are becoming smaller by the day, and the government is encouraging their growth. This is one way to preserve the original culture of the Cypriot people.
The number of people who can take bus tours to the villages is highly regulated. If you would like to visit these villages, make sure that you book well in advance and follow the given regulations.
Cyprus is an island and has breathtaking and clean beaches. The marine department is obsessed with maintaining the original form of both the beaches and the marine life. However, this does not mean that people cannot go to visit the marine life.
The country offers guided tours to the beach, shallow sea and deep sea. Some of the best scenery can be found at the untouched shipwrecks and with the marine life that dwells in and around the shipwrecks. The diving tours are guided and regulated by the government to make sure that the untouched environment is maintained.
A breath-taking natural attraction in Cyprus
Preserving the Historic Sites
Any tour in Cyprus cannot be complete without touring the historic and cultural ruins. However, have you ever wondered how these sites still exist or why they get recognized all over the world? It has taken great efforts to protect them and let nature take its course.
Even though Cyprus has modern architectural buildings, none has interfered with these cultural and historic sites. They spread all over the island and carry a rich history for all people to enjoy.
Finally, it is worth mentioning that Cyprus has zoos and modern parks that protect indigenous plants and animals. The public is allowed to visit under certain regulations. The government strives to preserve the country’s tourist attractions through the employment of ecotourism strategies. If you visit the country as a tourist or an expat, remember to check the regulations that govern ecotourism.
Waste management is one of the core themes of sustainability, but achieving sustainable waste management is a challenging and complex task. Despite the fact that an increasing amount of waste has been reused and recycled, landfills still play an important role in the management of wastes. However, waste degradation in landfill produce leachate and harmful gasses viz. carbon dioxide, methane which are considered as greenhouse gases. It has been studied that leachate contribute to 20% emission of greenhouse gases. This can largely risk human health as well as threat to environment. Furthermore, it contains low concentration of gases with heavy aromatic rings, most of them are toxic in nature.
The increasing cost of waste disposal is a cause of major concern in developing nations
Movements of leachate create problem as aquifers need more time for rehabilitation. Leachate can migrate to groundwater or surface water and have potential threat to drinking water. Constructing landfills have adverse effects on aquaculture and habitats by diffusing leachate into surface/groundwater with limited on-site recycling activities. Various studies also claim that residential areas close to landfill areas have low housing values because people don’t prefer to live close to the area enriched with flies, mosquitoes, bacteria and bad odours.
Scavengers often collect in a mixed state with all type of wastes, which include reusable materials, plastic, glass bottles etc. which reduces the calorific value and combustibility of waste. Waste is usually sorted out manually and unfortunately it becomes very difficult to regulate and implement an efficient method. This kind of waste recovery methods is very common in Asian countries e.g. India, Indonesia etc. using improper waste management technique can cause contaminated soil, water and environment.
Water is most easy to contaminate as it dissolves chemicals easily, causing harm to all living organisms including humans. Animal and marine life is most effected with water contamination. It also restricts our use of water for drinking and cooking purposes without cleaning system. The environment is highly harmed because of improper waste management.
Greenhouse gases are generated from decomposition of waste, these gasses are major cause of global warming affecting air precipitation, causing acid rain to severe hailstorms. Moreover humans who live near to garbage dumping area are found to be most significant to risk of health diseases, skin problems, cancer etc.
Olusosun is the largest dumpsite in Nigeria
With proper awareness and teaching methods of efficient waste management we can achieve sustainable solution to waste management. It has been forecasted by Environmental Sanitary Protection Plan that, by 2020 Kamikatsu a city in Japan is going to be 100% free from waste. Although the target of reaching the 100% waste is going to be achieved but the standby waste issue is going to be major hurdle as Kamikatsu have only 34% of land space available.
The lack of availability of standby space for waste is going to be major problem in future because of shortage of space, degraded quality of waste with lower calorific value and formation of leachate. And unfortunately, this issue is not going to be solved very soon.
Climate change and environmental damage due to human activity is now an accepted fact. Thankfully, investors and financial organizations are finally recognizing the importance of changing our ways and investing in sustainable technologies. This type of green financing is allowing them to recognize the environmental and financial benefits of these new technologies.
Today we’ll cover how green financing can be used to encourage sustainable development on the company and individual scale.
What is Green Financing?
Green financing at its most basic is the use of public money, private loans, and micro-lending to support sustainability. The goal of green financing is to encourage change in favor of environmentally friendly actions.
It can be everything from large scale investment into tools to fight climate change all the way down to small personal online loans next day for consumers. This allows everyone to do their part to help promote sustainability.
Most green loans are tied to specific metrics. They can cover everything from large companies to the type of washing machine you purchase.
These VC firms search for early-stage startups with a focus on the environment. They combine their financial goals together with their vision of what the planet should be.
By far the largest subset of their focus is on reducing our dependence on fossil fuels and fighting emissions. On the individual scale there’s lots of focus on lowering your carbon footprint.
Lots of loans are specifically put in place for people to buy green friendly products.
What Qualifies as Sustainable Projects
There are tons of early to middle stage startups with a sustainability focus. These are all key examples of large scale green financing.
Many of the projects are receiving the most funding focus on clean power and the use of renewables. Think electric vehicles, charging stations, battery enhancements, solar and wind energy, etc.
Another major sector is advancements in water purification, desalination, and ocean cleanup. These also include interesting projects like advanced agriculture and reducing the overall reliance on irrigation.
For individuals most green financing is related to their home or vehicle. There are lots of online loans same day available for things like energy efficient appliances or vehicles. These often combine with tax credits as a way to encourage people to reduce their overall energy consumption habits.
One of the biggest uses of green financing by individuals is to buy an electric or hybrid car. This reduces the often high price of these advanced vehicles and makes it more attractive to drive one.
Another big one is to finance green renovations to your home. If you want to improve your home’s insulation or add on a solar power system there’s ample funding available. These often combine with tax breaks and utility buyback programs to make it an even more attractive option.
Turnaround Time for Financing Decisions
With venture capital the around time for high-quality opportunities is often very rapid. If you have a great model for your business and can show a clear return potential they’ll often respond within just a few days.
For green financing other factors come into play. Most green venture capital funds have very specific requirements on what they’re looking for. Do your research before contacting them and make sure you represent what they’re looking for.
How much you should reasonably expect to receive depends on how far along in the process you are. Seed stage companies generally receive less than $1 million. Series A and Series B can receive more but still much less than more mature companies with proven revenue and a customer base.
For personal green loans the turnaround is often much faster. Many companies offer instant or at least same day approval for well qualified borrowers. This gives you the freedom to begin making your plans immediately after receiving funds.
Make Changes Today
The clock is running down on our ability to head off the effects of climate change. Green financing is one of the best ways to make changes in the world and your life. It funds the technology that may save humanity and allows individuals to make changes to their home and car to reduce their own carbon footprint.
The adoption of sustainable practices is an opportunity for growth of your business, but it also presents a challenge. Though you’ll eventually enjoy the economic and environmental benefits of your changes, implementing them takes commitment. You need to approach the transition with subtlety.
So what are the main points to keep in mind as you continue? What are practical strategies to reduce carbon emissions and excessive commercial waste? We’ll answer those questions and others like them, providing an easy guide for professionals who want to improve their standard of sustainability.
1. Assign a Sustainability Team Lead
One of the key factors in your success is communication. You need every employee to understand and accept your proposed changes, and that coordination is no small responsibility. If you’re going to increase sustainability in your workplace, you’ll need the assistance of a sustainability team lead.
Their role is to share your objectives with other employees and encourage them to adapt their behavior. They serve as an advocate for your new policies, putting them into action and helping others do the same. In short, your sustainability team lead will facilitate cooperation.
2. Invest in Practical Adjustments
When you’re operating a business, your bottom line is your top priority. You can’t afford to make changes if they compromise your profitability. Fortunately, you don’t need to make that kind of sacrifice, as certain practices are beneficial for both the environment and your expenses.
As an example, you can digitize documents to limit paper waste and lower the costs of printing and ink. You can also connect a group of devices to a single power strip, then turn it off when you leave the office. It’s a simple adjustment which will increase the lifespan of your devices and reduce e-waste.
3. Maintain Careful Record-Keeping
Over the past two years, many companies have engaged in the practice of sustainability reporting. Investors are starting to ask for this type of report, and if business owners are unable to provide it, they may encounter issues. Naturally, you need to give thought to record-keeping.
Are you documenting your changes? Do you have the necessary information from project and property managers? Investors need more than a promise to feel secure in your company’s improvements, and you can instill confidence when you offer reports with the relevant data.
4. Work With Similar Companies
Many companies have made it their goal to “go green,” and you should seek their support. Check for a list of green vendors in your area, and when you find one that meets your needs, reach out. You’ll come across sustainable alternatives for many products and services you currently depend on.
You may benefit from an eco-friendly cleaning service or maid service if your present service isn’t adequate. On a smaller scale, you can purchase business cards from a company that uses recycled materials. The point remains the same: You have options, and you should explore them.
5. Keep Convenience in Mind
As you modify your office, consider the convenience of your changes. An employee is far more likely to recycle paper and plastic products when they can easily access a recycling bin. If you’ve placed the bin in a location that doesn’t see much foot traffic, you’re not going to get the results you want.
Naturally, the ideal place for a recycling bin is the lunchroom or a similar area where your employees tend to congregate. The choice to recycle shouldn’t take more effort than the choice to use a conventional bin. Make both bins available to employees and trust them to make the correct decision.
6. Start Planning Today
Sustainability isn’t as simple as it first seems. A business owner may have good intentions, but unless they take time to prepare, their initiative won’t yield the desired results. With that in mind, review the steps in this guide and start planning your sustainability program today.
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