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GoGreenNation News: Solomon Islands tribes generate income by selling carbon credits
GoGreenNation News: Solomon Islands tribes generate income by selling carbon credits

In the Solomon Islands, Indigenous tribes are leveraging the lucrative carbon credit market to sustainably protect their ancient rainforests from logging while funneling vital income to their communities.Jo Chandler reports for Yale E360.In short:Several Solomon Islands tribes have united to form the Babatana Rainforest Conservation Project, preserving their forests and selling carbon credits internationally.The project includes verified protected areas and employs local tribespeople as rangers, enhancing biodiversity and environmental stewardship.The initiative provides significant economic benefits to the tribes, supporting community developments like education and infrastructure.Key quote:"If we misuse or destroy this land, we will not have any other,"— Linford Pitatamae, leader of the Sirebe tribeWhy this matters:Natural habitats play a significant role in the carbon market because of their ability to sequester carbon naturally. By valuing the carbon stored in these ecosystems, the market incentivizes their preservation. For example, a forest that might otherwise be cleared for agriculture could be maintained as a carbon sink. The revenue from selling carbon credits can make conservation financially viable for landowners and communities, providing an economic alternative to destructive practices like deforestation.Researchers say "proforestation" policies are the fastest and most effective way to draw excess CO2 out of the atmosphere.

GoGreenNation News: Disruptive innovation is the key to plastics sustainability
GoGreenNation News: Disruptive innovation is the key to plastics sustainability

Plastic plays a critical role in virtually all industries, from agriculture and construction to healthcare and manufacturing. Time magazine has called plastic one of the four materials (along with cement, steel, and ammonia) without which modern societies would not be possible. However, as global production of this cheap, lightweight, and highly versatile material doubled during the past two decades, plastic consumption grew even faster, according to the OECD, creating significant sustainability challenges. Meeting those challenges will require disruptive innovation from companies both large and small. “Many companies are under significant pressure from employees, customers, regulators, and investors to show progress toward sustainability goals,” says Paige Marie Morse, sustainability lead at AspenTech, an industrial software provider. “For the companies that make plastics, they also feel a responsibility to meet the increasing demand for resources among a growing population, but without sacrificing sustainability.” KEY TRENDS EMERGING Three noteworthy trends in the plastics sustainability movement are legislation and mandates for increased use of recycled content in manufactured products and elimination of single-use plastics, efforts to make packaging more easily recyclable, and growing recognition that mechanical recycling alone will not be enough to meet the growing demand for recycled raw materials, says Kevin Quast, global  business lead for Honeywell’s plastics circularity business. Honeywell UOP, which develops technology and processes for the petrochemical industry, has been an innovator for more than a century. “We have been known for helping our customers transform and transition as society, technology, and regulatory environments have evolved,” Quast says. “We are not just focused on plastics circularity, we are investing in and commercializing solutions for energy storage, clean hydrogen and carbon sequestration, as well as green and renewable fuels, bioplastics, and other areas related to circularity, sustainability, and environmental improvement.” Quast notes that about 60% of Honeywell’s research and development (R&D) budget goes toward creating sustainability solutions, such as its UpCycle Process Technology. This new technology expands the types of plastics that can be recycled and creates recycled polymer feedstock (RPF), which is then used to make recycled plastics with a lower carbon footprint. SIZE DOESN’T MATTER Plastics circularity is on the radar of most companies these days, regardless of size or where on the plastics chain they reside. Jay Baker, CEO of Jamestown Plastics, a contract packaging business based in Brocton, New York, is responding to sustainability trends by proactively assuming responsibility, before regulation demands it, he says. For example, he recently developed a circularity option to keep the plastic trays used by one of his customers out of the landfill. “We collect the old trays, grind them up, and send them back to the extruder,” Baker explains. “The extruder then makes ‘new’ recycled material, and we use that material to form recycled plastic trays for this customer and keep those expended trays out of the waste stream for as long as possible.” Across the country in Palo Alto, California—and at the other end of the size spectrum—HP is taking multiple steps to improve its plastics circularity. “The elimination of unnecessary plastic is the first priority when it comes to our circularity strategy,” says James McCall, HP’s chief sustainability officer. “As of 2021, we achieved a 44% reduction in single-use plastic packaging, towards our 2025 goal of a 75% reduction compared to 2018.” Additionally, HP has committed to a goal of using 30% post-consumer recycled plastic across its personal systems and print product portfolio by 2025, and it aims to achieve 75% circularity for its products and packaging by 2030. WORLDWIDE CONCERN Plastics sustainability is a global challenge requiring global solutions, of course. Braskem, an international petrochemical company headquartered in Sao Paulo, Brazil, is working with other innovation leaders around the world to do just that. “We believe that the transition from a linear to a circular economy is key to driving sustainable development in the plastics production chain,” says Antônio Queiroz, vice president of innovation, technology, and sustainable development. “Promoting sustainable development in our operations is in our DNA. We are consistently focused on developing sustainable solutions that improve people’s lives through chemicals and plastics.” Braskem has committed to a 15% reduction in its greenhouse gas emissions by 2030 and to becoming a carbon neutral company by 2050. It was the first company in the petrochemical industr y to develop a large-scale biopolymer from sugar cane, and it develops partnerships focused on both mechanical and advanced recycling. It has multiple ventures underway in its home country, the latest being Cazoolo, an innovation hub to help customers, brands, designers, startups, and universities develop more sustainable packaging in an effort to improve plastics circularity and reduce environmental impact. Braskem is also partnering with like-minded enterprises around the world in its push for plastics sustainability. Its investment in U.S.-based Nexus Circular, an advanced recycling company, is part of its effort to expand its circular polymer portfolio. Such collaborations have helped in Braskem’s development of two new polypropylene grades with post-consumer recycled (PCR) content that can be used in a wide range of FDA food contact applications. BETTING ON INNOVATION “We know that in order to achieve real sustainability, we also need to bet on innovation when creating new business,” says Queiroz. Braskem increased its R&D budget by 50% this year, and it maintains multiple centers for disruptive innovation in Brazil and the U.S. It has partnered with Danish company Topsoe to develop a greener version of MEG, a component for producing PET plastic bottles that is widely used in plastics manufacturing. Derived directly from sugars, this green MEG has the potential to disrupt the polyethylene value chain as it significantly improves its carbon footprint. “We believe transformation is everywhere,” says Queiroz. “It’s time to use our potential to establish a new relationship with our ecosystem and tackle climate change as our planet’s greatest challenge. We understand that the more people and organizations are engaged, the more we can do to build a better world for current and future generations.”

GoGreenNation News: The business case for climate resiliency
GoGreenNation News: The business case for climate resiliency

Resiliency. As the climate around us changes, this concept is dominating conversations from the water cooler to the C-suite. But what does it really mean? Weather can be one of the biggest impact on business efficiency and operations, yet it remains an underappreciated risk in the boardroom. The growing frequency and severity of natural disasters and extreme weather events, as reported by the World Economic Forum, can upend even the best-laid business plans. The time has come for a radical shift in how we approach weather preparednessand build resilience. As the co-founder and CEO of Tomorrow.io, a leading weather intelligence and climate resilience platform, I’ve seen this firsthand during my time in the military, and my cofounders and I realized that the weather industry was behind. With the accelerating impacts of climate change, this presented an enormous challenge. We’re now on a mission to help businesses and governments turn the weather from a risk to a revenue driver by building resilience. Why businesses need better weather intelligence The business case for better weather intelligence is compelling. According to Moody’s, trillions of dollars in global sectors’ debt are highly exposed to environmental risks each year. In 2023 alone, Tomorrow.io customers were under threat from weather 2 million times, meaning we identified specific operational impacts and provided actionable guidance to mitigate the associated risks. For companies operating on thin margins in weather-sensitive industries, even small improvements in forecast accuracy can translate into significant gains. JetBlue, for example, saved $4 million per year by optimizing operations based on precision forecasts. A leading rideshare company leveraged our platform to pre-position vehicles ahead of demand spikes, leading to a 12% increase in ride requests. Even cash-strapped local governments have realized up to $15,000 in savings per winter storm through data-driven resource allocation. Yet despite these compelling proof points, the vast potential of weather intelligence remains largely untapped. Too many organizations still treat weather as an uncontrollable external factor, reacting to disruptions after the fact rather than proactively managing risk. We see this pattern play out with disturbing regularity, whether it’s hurricanes, floods, wildfires or winter storms. Post-event rescue and recovery efforts, while noble and necessary, are a poor substitute for data-driven preparedness. It’s time for a paradigm shift from post-event response to pre-event resilience, both to save lives and to protect bottom lines. We can now leverage weather technology for planning The good news is that a solution is within reach. By harnessing next-generation space technology, advanced AI, and the power of cloud computing, we can democratize access to hyperaccurate, hyperlocal, and hyperrelevant weather insights on a global scale. Armed with this intelligence, businesses can optimize staffing, inventory, and logistics to minimize disruptions and maximize profitability. Governments can stage emergency assets with pinpoint precision to protect lives and livelihoods. We’re now seeing how these solutions can impact people’s lives and the bottom line. Our weather intelligence platform is powered by a constellation of cutting-edge radar satellites, proprietary AI, and the world’s most accurate weather models—we’re bringing an unprecedented level of precision and actionability to weather forecasting on a global scale used by industry leaders like JetBlue, Fox Sports, Uber, Ford, and the U.S. Air Force. Extreme weather may be inevitable, but business disruption and economic losses don’t have to be. As climate change continues to accelerate, the imperative for better weather intelligence has never been greater. It’s time for boardrooms and situation rooms alike to put weather at the center of their operational strategy. With the right technology and the right mindset, we can turn the weather from the biggest business risk to the biggest business opportunity. The choice is ours. Shimon Elkabetz is CEO and cofounder of Tomorrow.io.

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