Renewable Energy

A Post-Pandemic Solution to Help Prevent Poverty

 

Indranil Ghosh shares an article and interview from Powering Prosperity Weekly that explains how clean energy is one way to help prevent Africa from backsliding into poverty.  

This week Matt Lomas discusses with the NGO Energy 4 Impact how energy access is critical to helping people escape poverty. Matt is joined by Ben Good and Godfrey Sanga, CEO and Director—East Africa respectively of Energy 4 Impact.

Energy 4 Impact helps businesses and markets deliver access to energy in Africa, improving the quality of life for millions of people. It believes businesses can offer the best solutions to the lack of energy—one of the most pervasively debilitating aspects of poverty that holds back sub-Saharan Africa’s development. It provides energy sector participants with operational, financial and technical advice to accelerate the growth of their businesses that deliver energy access. It is currently overseeing the Powering Villages project which aims to bring energy solutions to 60,000 people in 20 of the poorest villages in Kenya and Tanzania. Ben and Godfrey bring to their mission decades of experience in the renewable energy and in particular off-grid energy sector in Africa and across the developing world.

Listen to the full conversation with Ben and Godfrey from Energy 4 Impact on Spotify here.

Before the pandemic, the world was making great strides in reducing extreme poverty—with those living on less than $1.90 a day falling from roughly 1.5 billion in 2000 to 650 million in 2018.

 

Key points covered include:

  • Pre-pandemic progress in reducing poverty
  • World Bank projections
  • How clean energy contributes

 

Read the full article, How to Help Prevent a Back-Slide into Extreme Poverty in Africa, on LinkedIn.

 

The Circular Economy – What it Is and How it Works

 

On his weekly podcast, Powering Prosperity Weekly, Indranil Ghosh explores how we can build a more sustainable world through business. In issue 17, he interviews Christian van Maaren, Founder of Excess Materials Exchange, on how the idea of a Circular Economy was born, the benefits, and what is holding back the adoption of this concept. 

Over the next few issues, I will be diving into the world of the Circular Economy. But first, let’s take a moment to define what this term means, and why people get so excited by the opportunity:

The main idea of the Circular Economy is to maintain the value of products and materials for as long as possible. Waste and resource use are minimized, and when a product reaches the end of its life, it is used again to create further value. Circular economy principles can bring major financial benefits to companies and reduce the environmental impact of industry.

Renewable energy can address the 55% of greenhouse gas emissions (GHG) produced by energy systems*, energy for transportation, and energy for buildings. But it cannot address 45% of emissions attributed to the production of materials, products, food, and the management of land.

According to the Ellen MacArthur Foundation, applying circular economy strategies in just five key areas—cement, aluminium, steel, plastics, and food—would address half of these remaining emissions.

 

Points covered in this article include:

  • The cost of recycling
  • Health and safety issues
  • Profitability

 

Read the article or access the link to the full interview, How an Antarctic Expedition Gave Birth to A Circular Economy Pioneer, on LinkedIn.

 

Richard Stuebi attending DistribuTECH

January 23, 2020

Next week Umbrex member Richard Stuebi will be attending DistribuTECH in San Antonio, TX. Richard is on the Advisory Committee helping to organize the event.

DISTRIBUTECH International is the leading annual transmission and distribution event that addresses technologies used to move electricity from the power plant through the transmission and distribution systems to the meter and inside the home.