Caterpillar's Global Director of Sustainable Development, Tim Lindsey, explains how sustainability drives innovation.
This is the fifth installment of a five-part blog series on scaling environmental entrepreneurship in emerging markets. In this series, experts in the field provide insights on how business accelerators, technical assistance providers, investors, and the philanthropic community can work with developing market entrepreneurs to increase their economic, environmental, and social impacts. Read the rest of the series.
Here at WRI, our mantra is “making big ideas happen.” But these “big ideas” don’t need to come exclusively from “big” players like corporations and development banks. In 1999, we set out to prove a new concept—that entrepreneurs and the small and medium-sized businesses they create could make a profound impact on the health of the planet.
Thirteen years on, the proof of our concept is demonstrated daily around the world. As engines of economic growth and laboratories for environmental and social innovation, small and medium-sized enterprises (SMEs) are helping to build modern economies that improve people’s lives while conserving natural resources.
This is especially true in developing countries, where such businesses can account for as many as four in five jobs and almost one-third of GDP. Which is why, back in 1999, WRI chose Latin America and Asia as the focus of its pioneering New Ventures project to nurture environmental entrepreneurs.
This post originally appeared on Forbes.com.
Two-hundred page policy reports don’t normally sit on a CEO’s bedside table. But the U.S. National Intelligence Council’s (NIC) wide-ranging new assessment of what the world will look like in 2030 is essential reading for smart, forward-looking corporate leaders.
Most international media attention around Global Trends 2030, produced every four years, has focused on its geopolitical analysis—rising China, plateauing United States, and potential failing states. But the private sector should pay careful attention to the megatrends the report highlights. Many relate to the profound sustainability challenges facing a warming world that will house around 8 billion people in 2030.
Below is my take on how four of these trends—resource scarcity, a booming global middle class, the rural-to-urban transition, and transformative information and communications technology—will impact businesses, and why corporate leaders should start preparing today.
This is the fourth installment of a five-part blog series on scaling environmental entrepreneurship in emerging markets. In this series, experts in the field provide insights on how business accelerators, technical assistance providers, investors, and the philanthropic community can work with developing market entrepreneurs to increase their economic, environmental, and social impacts. Read the rest of the series.
What do development banks, impact investment funds, foundations, and business accelerators have in common? Each of these organizations plays a significant role in supporting entrepreneurs in developing countries, including those who are trying to solve environmental problems through commercial enterprises.
But in most cases, these groups have traditionally occupied distinct niches in the support they provide. Development banks specialize in providing businesses with grants, loans, and technical assistance; impact investors provide debt or equity at market or near-market rates; foundations channel their philanthropy to create change; and business accelerators help entrepreneurs hone their business skills and attract investors.
What would happen if these groups worked more closely together? As we discussed at a recent WRI event, if organizations were able to combine their respective strengths, entrepreneurs could capture greater benefits than if groups work alone.
This is the first installment of a five-part blog series on scaling environmental entrepreneurship in emerging markets. In forthcoming posts, experts in the field will provide insights on how business accelerators, technical assistance providers, investors, and the philanthropic community can work with developing market entrepreneurs to increase their economic, environmental, and social impacts.
One of the greatest challenges of our time is achieving economic development without harming the planet and local communities. Entrepreneurship can play a critical role in solving this dilemma.
In fact, entrepreneurs and the small and medium enterprises (SMEs) they create contribute up to 78 percent of employment and more than 29 percent of GDP in developing economies. These types of businesses play an invaluable role in creating jobs, spurring community growth, and alleviating poverty. Some of these SMEs create even more value by generating clear, measurable environmental benefits.
But the problem is that these entrepreneurs face a host of challenges when it comes to growing their businesses and succeeding. As Global Entrepreneurship Week is celebrated across the world this week, it’s a good time to examine the importance of environmentally focused entrepreneurs as well as the difficulties they face.
Today is my first day as President of the World Resources Institute. I’m delighted to be part of this extraordinary organization that seeks enduring solutions to protect the Earth and improve people's lives.
We live in precarious times. The world has achieved unprecedented economic progress, but by living well beyond its means in terms of natural resources and ecosystems. Never has it been more important to understand the links between resources – water, soil, atmosphere, climate, biodiversity, energy, minerals – and human activity. And never has it been more imperative that economic decisions fully reflect the true value of these resources. It is only by doing so that we will succeed in eliminating poverty and enhancing lives and livelihoods permanently.
This is a two-part series on expanding access to clean energy in developing countries. Tune in tomorrow for the second installment, which will highlight specific ways institutions can implement successful clean energy projects.
This week, key leaders from the policy, industry, government, NGO, banking, and civil society sectors are gathering in the Philippines for the 7th annual Asian Clean Energy Forum (ACEF). The event, organized by the Asian Development Bank and USAID, aims to foster discussions about how to scale up clean energy initiatives and curb climate change in Asian nations.
One the forum’s key themes is access to clean energy. In March 2012, the World Resources Institute and the DOEN Foundation also organized a workshop focused on innovative practices in providing access to clean energy in developing countries (check out the new video about this forward-thinking event). The workshop brought together an inspiring group of practitioners, project developers, and financiers who are all successfully implementing clean energy access projects in communities across the world. These practitioners are bringing efficient cook stoves to Africa, solar home systems to India, and small-scale hydro to Indonesia – reaching poor rural communities who are in great need of clean energy solutions.
More than 350 guests joined WRI last week to hear how Mayor Michael Bloomberg, Related chairman and CEO Stephen M. Ross, and former WRI President Jonathan Lash are changing our cities, our country, and our world for the better. The occasion was WRI’s “Courage to Lead” dinner, held in conjunction with our 30th anniversary. The event raised more than $1 million in critical unrestricted support, which enables WRI to respond quickly to emerging issues and new opportunities.
Many of WRI’s most important donors and partners helped make this a very special evening, including Bloomberg, Related, DuPont, Alcoa and Alcoa Foundation, and the Generation Foundation. Many other companies, individuals, and foundations contributed, and a full list can be viewed online. We appreciate all of their support.
This year, the World Resources Institute celebrates its 30th anniversary. Every organization has great backstories, and in my five-plus years here as head of External Relations, I’ve heard many of WRI’s—multiple versions of them!
Many of these tales came from WRI’s own staff and very loyal alumni, some of whom have worked for the organization nearly all three decades of its existence. More emerged from interactions with WRI’s past and present board members and with meeting many of our partners around the world. But it all added up to just a lot of interesting fragments of folklore without any real sense of how it all fit together. No one had put it all down on paper.
Clean tech in the United States has been on the rise in recent years— even through the recession and other challenges. Increasing wind power, falling solar costs, expanding electric vehicle markets, government stimulus and other investments have built a global clean tech sector that topped $263 billion last year.
In the first quarter of 2012, however, global clean energy investment dropped to its lowest level since 2008. Good news stories are being replaced with headlines about closing factories, bankruptcies, and cancelled projects. Clean tech appears to be at a crucial inflection point.