Archive for the 'Carbon Trading' Category
World Clock: a dashboard for the Planet
Susan Sanderman of Denver just forwarded this fascinating World Clock that shows the current status of major global health, environmental and social statistics, updated in real time. It’s like an impact dashboard for the Planet!
This kind of ‘impact context’ should be a touchstone for any impact analysis– if focused down to the region where a company or organization does its work, it makes a great starting point for what the “addressable market” is in terms of any of these social or environmental issues. Working to prevent biodiversity loss? Malaria? Drowning? Use your impact analysis to say not just, we’re preventing X instances, but also, “Here’s how much our solution will slow it from the current rate of loss.” That makes it MUCH more meaningful.
World Clock’s makers compiled it from highly credible sources of statistical datasets, but they have not verified any of it and it may be spotty in parts, so it would be worth verifying if you use it.
Best source for carbon calculators
Our friend Paul Herman sent this fabulous Squidoo list of 71 (and counting) Carbon Calculators, which Natural Logic’s Dave Jaber and Mike Wallace of Wallace Partners stocked. You can rate your favorite! Great place to start figuring out your contribution to global warming and how to minimize and offset it.
No commentsEconomist reviews Paul Polak’s new book, “Out of Poverty”
Michael Edesess, Boardmember of International Development Enterprises (IDE), reports that “The Economist magazine has a highly favorable review this week of my friend and colleague Paul Polak’s book ‘Out of Poverty.’…The book describes the methods that Paul and International Development Enterprises (IDE), the organization he founded, use to help the poorest people in the developing world earn more income.” I’m delighted to see it’s for sale on Amazon, rather than only found on a foundation’s site!
IDE received a $13M grant about a year ago from the Gates Foundation to scale its work, which has allowed Paul, now 74, the time to write. It’s excellent to see a person with so much to teach have the time and opportunity to write up and disseminate his knowledge! I wish so many other social entrepreneurs with great wisdom had the time and resources to document their work. If I were a philanthropist I’d invest in such a library of books– this amazing moment in the transformation of the capital markets should not be lost to history.
For example I’d love to see Martin Fisher of Kickstart, which has been pursuing similar goals with excellence, do a book with Paul where they share and perhaps debate what the both have learned over decades about the nuances and issues of delivering sustainable tools to solve poverty; or Pati Ruiz Corzo of Sierra Gorda and Albina Ruiz of Ciudad Saludable document and debate the differences between their approaches to engaging community members in economically and culturally sustainable protection and restoration of ecosystems. I’m talking about the nitty gritty- how does this stuff really work and what are the hard-won entrepreneurial lessons for people working in the trenches.
Fortunately John Elkington (SustainAbility) and Pamela Hartigan (Schwab Foundation for Social Entrepreneurship) have also just written The Power of Unreasonable People capturing some of these lessons learned, but although I have only yet read the book jacket I suspect they’ve gone light on the nitty gritty of their own trench stories, which I think would be fascinating and useful to know– but perhaps I better read it and find out!
Carbon Trading: the New Big Thing?
The New York Times (July 6, 2007: “In London’s Financial World, Carbon Trading Is the New Big Thing”) reported that within three years carbon dioxide trading has become very popular in London’s financial world. It noted that managing emissions has become one of the fastest-growing specialties in financial services, and companies are scrambling to find workers – their goal is a slice of a market now worth about $30 billion and that could grow to $1 trillion within a decade. More carbon was traded in London than in any other city – this is largely the result of a decision by European governments to start limiting the amounts that industries emit. Numerous investment banks are increasing the numbers of staff on their emission trading teams to keep up with this expanding market. Prospects for the industry are good, especially if the United States joins the Europeans in establishing a trading system.
Since carbon dioxide trading has become very popular in the London financial market and as a result companies are looking to expand their emission trading teams, we should continue to monitor this trend as it will likely spread to markets outside of London and become a big industry. It is evident that the financial world is finding environmental issues to be useful and important when evaluating businesses.
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