Why The Amazon Fires Are Such A Big Deal
As of August 20, more than 74,000 fires have been recorded across the Brazilian Amazon. That’s nearly double the total number of fires in 2018. So, what happened? Environmental groups blame Brazil’s president, Jair Bolsonaro, who has indicated that protecting the rainforest is not a priority. They say Bolsonaro has emboldened ranchers and farmers to set fire to forests to acquire more land, now with impunity. Scientists warn that the results may be devastating. They say the Amazon is near a tipping point, beyond which the forest could turn into a dry Savannah.
High Schooler Invents Trash Pickup Machine
This student was sick of seeing sweepers pick up trash with their hands. He did something about it.
World Economic Forum
Partnering to accelerate sustainable energy innovation
To unlock more investments in energy cleantech and help fill a current gap in the international landscape, the World Economic Forum in collaboration with KPMG have developed a concept for a first of its kind Global Sustainable Energy Innovation Fund (SEIF). The SEIF will blend public and private finance to de-risk investors and support disruptive energy innovations worldwide with the potential to significantly reduce CO2 emissions and deliver returns.
A primary investment manager will build the fund and create a coalition of public and private seed investors willing to champion its launch. It is planned to officially announce the fund at the Annual Meeting 2020 in Davos-Klosters.