The Department for Business, Energy and Industrial Strategy (BEIS) has today (16 October) underlined its commitment to phasing out single-use plastics and reducing its estate emissions by 66% through two new commitments that have been posted on edie’s Mission Possible Pledge Wall.
A new report is calling for New Zealand institutional investors to allocate around 10 per cent of their portfolios to socially and environmentally postive “impact” investments. Financing the Future, a multi-media report released by green growth promotion group Pure Advantage, cited the huge potential of impact investment to improve environmental and social conditions while generating a return for investors. Simon Millar, executive director of Pure Advantage, said impact investing was possibly the most viable financing strategy for creating a desirable future. “To resolve societal and environmental challenges such as affordable housing, biodiversity loss and climate change, we have three basic options: raise taxes, raise national debt or facilitate more private and community sector investment into social and environmental issues,” Millar said.
Mail News Service Jamshedpur: The valedictory function of the four days Skill Training Programme on Entrepreneurship Development on E-waste Management (EDEM 2019), which was organized by CSIR-National Metallurgical Laboratory, Jamshedpur at the Lecture hall of CSIR-NML.
It’s hard to imagine a world without textiles. From the clothes we wear to the bedsheets we wake up in – we come into contact with textile fabrics nearly all the time. The textile sector, which includes the fashion industry, is marked by low rates of utilisation and low levels of recycling, leading to substantial and ever-expanding pressure on resources.
On average, European citizens discard 11kg of textiles per year, with garments typically having been worn only 7 or 8 times. At the same time, the European market has seen a sharp rise in apparel sales over the last two decades, with a 40% jump in pieces of clothing bought per person.
Both developments are mainly due to the ‘fast fashion’ phenomenon, with quicker turnaround of new styles, increased number of collections and often, lower prices.
The COVID-19 epidemic has the world on high alert with travel restrictions, quarantine measures, deaths, and reports of crippling losses and shutdowns across practically all business sectors, destabilized by the disruption in the global supply chain and general mobility of human capital.
With the COVID-19 pandemic significantly impacting global manufacturing demand and supply chains globally, there has been a considerable shift in global emissions. With such a reduction in human activity, there has been an almost 8% decrease of global energy-related CO2 emissions in 2020 to their lowest level in a decade. The UN advises global emissions must be reduced to this same extent, each year, for the subsequent decade to limit global warming to 1.5˚C.