Globe Forum 2018

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I was a volunteer at the GLOBE Forum 2018, held on March 14–16, 2018 at Vancouver. I helped attendees for three days for North America’s largest and longest running Leadership Summit for Sustainable Business. I helped guests navigate around the event, answering fundamental questions. I monitored and maintained specific event areas such as B2B area and the Innovation Expo. It was a little boring at times standing in one place, but fun too – during my breaks I made friends, networked with organisations, learnt new things.

The Innovation Expo was a global showcase of sustainable products, clean technologies, services, and ideas fresh off the lab bench. Buyers from more than 50 countries roamed the aisles, looking for the next big thing. As a B2B event – businesses, governments, and civil society leaders found inspiration, connections, and new opportunities in the clean economy. I had no idea Canada was so much into Carbon Capture, Utilization and Storage (CCUS). Other focus areas included:

  • Smart Grid/Micro-Grid
  • Sustainable Mobility
  • Smart/High Performing Buildings
  • Water Innovation

CO2 is a waste

CO2 that human activities are pumping into the atmosphere is a waste, it is not needed there. This waste is a resource for many industries. Scientists are working around the world to develop technologies that will capture CO2 from their emission source and store it for use.

Hitachi Chemical showcased their research on how to capture CO2 more efficiently. Their research shows that cerium-based catalysts work better than zeolites for carbon capture.

International CCS Knowledge Centre was established to accelerate the global development of Carbon Capture and Storage (CCS) technology by both sharing access to the data, information and lessons learned from SaskPower’s Boundary Dam 3 facility and by incorporating the knowledge and experience from CCS projects elsewhere in the world. The Boundary Dam Carbon Capture Facility is capable of reducing greenhouse gas emissions by up to one million tonnes of carbon dioxide each year – the equivalent to taking 250,000 cars off the road. Brought online in 2014, the Boundary Dam CCS Project is the World’s First Post-Combustion Coal-Fired CCS Project integrated with a power station.

Not out of sight no out of mind

A lot of environmental and social issues are not acted upon because people cannot see the problem with their own eyes. Photographers and organisations around the world are making these things known to the public, becoming their eyes where they don’t reach.

Students on Ice Foundation is an organisation that organises an expedition that will be a profound hands-on experience for youth to expand their knowledge of the changing circumpolar world, foster a new understanding and respect for the planet, and gain the inspiration and motivation needed to help lead us to a healthy and sustainable future.

It was inspiring to watch the presentation of Cristina Mittermeier. Felt lot of emotions rushing through me as she told stories through her photographs. Cristina Mittermeier is a contributing photographer, speaker, and explorer for National Geographic.  She is a marine biologist who for the past 25 years has been working as a writer, conservationist and photographer. She is the founder and President of SeaLegacy, a non-profit organisation working to protect the oceans. SeaLegacy is an organisation dedicated to promoting the protection of the world’s oceans through storytelling. Cristina’s work has been published in hundreds of publications, including National Geographic Magazine, McLean’s and TIME.

Investment

The World Tree Carbon Offset Program is a sustainable timber investment based on the Empress Splendor tree, the fastest growing tree in the world. Empress trees provide valuable hardwood lumber within just 10 years. They also absorb 11 times more carbon than any other tree. Participants in the program both offset their carbon footprint and share in the profits of the sale of the lumber. They are looking for farmers to grow their trees. They provide the trees, the expertise and a buyer for the lumber. You provide the land and the care. Together you share the profits.

Agriculture

Terramera is a Sustainable Agriculture CleanTech company developing safe and effective Plant-Based Products and Replacements to Synthetic Conventional Chemical Pesticides & Fertilizers. They use Neem which is a tree native to the Indian subcontinent. Terramera’s agriculture products make sustainable/organic farming without the use of conventional chemicals more productive and efficient. Farmers need better solutions to protect crops from pests & diseases: Over 30% of chemical pesticides will be banned or restricted by 2020 leaving a 6.2 to 20 billion dollar gap in the market.

Harmon(e)y with environment

Environmental Economics on Wikipedia is a pretty good start for those who want to learn about you know – Environmental Economics. But what is it? It tells you about how we choose to use resources and how it affects our environment. If it weren’t for this, companies wouldn’t have been levied with taxes for polluting our water systems. This is just one example.

4 (15)What particularly interests me is ‘natural capital’ aka the commons or ‘open-access’ properties. World Forum on Natural Capital defines it this way:

Natural Capital can be defined as the world’s stocks of natural assets which include geology, soil, air, water and all living things.

Everything really. Now, there’s something called as ecosystem services too, that we obtain from these natural capital. Whatever we use by altering the natural capital for our survival or luxury are ecosystem services, for example, the fuel we use. Crude oil is a natural capital and fuel is an ecosystem service.

You may be aware what will happen if we run out of natural capital. Say, fuel, what will out world look like without oil? Watch this creepy video:

As we run out of natural capital, so will we run out of ecosystem services. This is why we are turning to green chemistry, green technology, renewable energy etc. So, what can we do? There are people who do the natural capital math. It’s called Green accounting.

Oh this economics lexicon is driving me crazy. Ecological economics, green economy, green accounting, environmental economics. Argh. Nevertheless it is an important topic and there are ways to understand it. This infographic, pretty even, has a few things defined in it.

Amidst the sustainability business, what can a common man do? Plant trees? Yyyyyuuup. A good friend asked me if anything like this exists and I assured him he will have the answer to it in one of my blog articles. An act that will enable exactly this will be formulated soon in Maharashtra, India.  The Hindu states, “The Maharashtra Government is in the final stages of formulating an Act that will enable “tree credits” to be traded in the State.” Does this have some economic term too? Yup. It’s called ‘tree credits‘. Farmers will be given appropriate certification and money. Interested people can read this article that states:

The social forestry is currently inviting feedback on the project from the public. Citizens can reach the authorities at treecredit@hotmail.com.

This was going on in 2011, you might want to check if this email still exists. For tree farming outside India, Fox Business has a report.

This is not as rosy as it looks. Nature.com asks: If growing forests in India can generate lucrative carbon credits, then why isn’t everyone planting trees? Paroma Basu reports. Here’s the article that tells you why.