Connect with us

GreenTech

Climate-Smart Farming Shows Promising Results

Austin Wang

Published

on

the rising

Climate change has devastated the livelihoods of millions of farmers in the developing world. As frequent droughts threaten countries’ food security, the Food and Agricultural Organization (FAO) has recommended farmers undertake climate-smart farming initiatives. Climate-smart farming techniques include zero-till farming, surface seeding, laser land leveling, and organic crops usage. While the literature on the efficiency of climate-smart farming is sparse, several countries have shown promising results.

Success in Vietnam

Researchers from Ritsumeikan University found that climate-smart farming adaptations actually improved rice yields in Vietnam. The study looked at the technical efficiency of 352 farmers in the Mekong Delta, 71% of which practiced climate-smart farming. CSA pilot programs in the Mekong Delta provided local farmers with different rice varieties, sustainable fertilizers, and knowledge on new eco-friendly farming techniques.

While farmers often experience trade-offs in production when implementing sustainable farming techniques, climate-smart farmers in the Mekong Delta saw 13-14% increased efficiency. The authors defined technical efficiency to measure how competitive farmers were compared to peers.

Improving outcomes for women in Nepal

Over the past few decades, much of Nepal has experienced a cultural shift. As more men have moved to find migrant work, women have taken on huge labor burdens in agriculture. Therefore, improving agricultural efficiency is important for reducing poverty and labor inequality for women. Researchers from the Nepal Development Research Institute found that climate-smart farming reduced labor hours for Nepalese women.

Techniques like surface sowing and new technologies greatly reduced the number of labor hours women had to spend in the fields. Researchers hope that this reduced labor burden will allow women to have more time for education, other employment, and household decisions. Thus, climate-smart farming can be a surprisingly important tool for improving gender equality.

Growth potential in Africa

Many parts of Southern and Eastern Africa suffer from frequent droughts. Food production is also mostly supplied by small-scale farmers who are often not equipped to deal with extreme weather. Luckily, researchers, investors, and organizations have taken notice of the need for climate smart farming in Sub Saharan Africa. Over the next few years over $500 million will be invested in climate-smart farming programs in Sub Saharan Africa.

Kenya livestock insurance program

The Kenya Livestock Insurance Program (KLIP) was a unique climate-smart agriculture case since it dealt with livestock rather than crop yields. The Kenyan government partnered with the private sector to use satellites to monitor vegetation in pastures.

Based on vegetation levels, the government issued payouts to help farmers keep their livestock alive during droughts. As of 2019, the program covers over 18,000 farmers. Programs similar to the KLIP can be implemented across the world, but adoption is still low.

Further expansion

While climate-smart agriculture has shown promising results, there are still barriers to adoption. Researchers at the World Agroforestry Center reviewed about 150 papers on climate-smart agriculture. Based on said papers. They argue a lack of research on the economic results of climate-smart agriculture deters would-be investors.

Improving research on climate-smart agriculture’s effects on output and efficiency is key to accelerating the adoption of climate-smart agriculture.

3 Comments

Business

Tesla Battery Sees An Improvement, The Company’s Latest Patent Shows

Maryanne Derkaloustian

Published

on

As Tesla CEO Elon Musk continues to make a bet on renewables, Tesla battery patents are also rolling in. The most recent patent, though? An improvement to its existing lithium-ion battery chemistry that may even be transferable to technologies like grid energy storage.

This is possibly a step towards Musk’s goal to produce a million-plus mile battery, after having partnered up with a battery research team at Dalhousie University to test new ideas for longer-lasting, crack-proof rechargeable batteries.

Since then, however, researchers looked beyond the anode and cathode for optimization, hence the proposal of mixing new chemical additives for the ideal Tesla battery.

Tesla Battery Innovates on Number of Additive Elixirs

Optimal batteries have long lifetimes at high cell voltages and temperatures but are not too expensive to produce. Previously, studies have shown promising results with the addition of three to four additives to an electrolyte, but two was a stretch.

Tesla’s patent is unmatched, however. Researchers are in the process of testing pairs of known additives in many different percentages to find the right “elixir.”

For a lot of combinations, no one can predict the outcomes; it’s a trial-and-error process. Because this technology is still at such an early age, it may not even be patentable. However, it still makes a statement and is likely to provide interesting findings.

Tesla Battery Has Positive Outcomes

All the testing going on may be costly and lengthy, but that won’t be a problem in the long run. Eventually, once the team finally discovers the right recipe and starts producing in bulk, the company will have saved a considerable amount of money.

Not to mention, using a two-additive system as opposed to the conventional three or four will definitely make the battery more accessible at scale.

The patent also mentions that some formulas doubled the amount of possible recharges maintaining 95% capacity reduction. Consequently, this would reduce the number of batteries people would need to buy (and hence, waste).

And since this technology is applicable to larger batteries, Musk may actually be able to have his million-plus mile vehicle battery. Additionally, grid energy storage systems can also benefit from this chemical innovation and set the bar high for future improvement.

Tesla’s Continued Focus on its Energy Business Yields

Tesla’s renewed focus on its energy business is an interesting one. Several of Tesla’s patents, including this one and “storable” solar energy harvesting, exhibit solutions for sustainability and accessibility. What’s next for Tesla Energy? We’ll have to see.

Continue Reading

Business

InterContinental Hotel Group Inks Deal With Energy Management Software Company

Rich Bowden

Published

on

Energy management software company Tempus Energy has just signed a deal with the InterContinental Hotel Group (IHG). The scope of the deal includes Tempus supplying green energy sensor technology to several of the group’s hotels in Australia. To start, IHG’s flagship InterContinental Hotel in Sydney’s Double Bay will be the first to deploy the software. Specifically, the software senses how much power to use, depending on the real-time availability of green energy in the grid. This allows IHG to alter the time it uses energy to take advantage of when renewable energy is available. 

Energy Management Software Automates Adjusting Energy Consumption In Real-Time

The key benefit of energy management software is that it allows clients to adjust energy consumption in real-time. Further, it does so in an automated fashion.

“We have machine learning models that predict the output of each renewable generator in the NEM, every 5 minutes,” Sara Bell, Tempus Energy’s CEO told theRising.

“Using these predictions, Tempus optimizes energy use to increase their usage of renewables, naturally decreasing usage when renewables are not available. This leads to a direct reduction in the carbon emissions of electricity used by our clients, without changing overall consumption,” she added.

Energy management software allow hotels to reduce their carbon footprint, reducing the need for companies to buy renewable energy contracts.

The Scale In Which Energy Management Software Can Reduce Carbon Emissions

Tempus’s technology will help clients like IHG take reducing their carbon footprint into their own hands. By doing so, there is no need for additional government involvement.

Responding to increasing customer calls for more sustainability, the sensors allow the group to reduce emissions by accessing green energy. Moreover, it helps to reduce the reliance on energy from fossil fuels

“By optimizing for the use of renewables on an air-conditioning chiller energy unit in Australia, we are able to achieve up to 15% reduction of carbon emissions,” Bell told me.

Summary: And A Look At Sustainability Trends In Australia

With the increased focus on climate change in Australia — including the rapidly growing school strikes —  forward-looking companies are responding to the climate crisis.

One of these new technologies is the Tempus Energy sensor. It gives hotel groups and other companies flexibility and act as a base for further sustainable measures.

Australian, NZ, and South Pacific readers of theRising who work in environmental sustainability may reach out at richbowden3@gmail.com.

Continue Reading

Business

E-Waste Is Becoming A Sustainability Disaster. And Investors Have Taken Notice.

Avery Maloto

Published

on

E Waste

As technology continues to evolve (and end up in landfill), e-waste is proving to be a sustainability disaster. In 2018 alone, humans generated approximately 2.01 billion tons of waste worldwide. To put things into perspective, 2.01 billion tons is comparable to 287,142,857 elephants or 275,342 Eiffel Towers. Certainly, that volume of waste sent into landfills is a significant concern. And along with it, potentially reusable resources are continuously wasted as a result of careless disposal. 

Shockingly, e-waste is responsible for 50 million tons of the total generated waste produced each year. Not to mention, it accounts for 70% of the toxic waste lying in landfills. 

To uncover more about the e-waste issue, I recently interviewed Amanda O’Toole, a fund manager at AXA Investment Managers (AXA IM). She is a part of the firm’s investment team as the Lead Portfolio Manager for Framlington Equities’s (AXA IM’s qualitative equities business) Clean Economy Strategy.

We discussed the primary challenges in e-waste as well as why financiers are looking towards waste management as an investment opportunity.

Why Is E-Waste So Hard To Recycle?

When dealing with the improper disposal of hazardous materials, there is a constant risk of land and water pollution through contamination. E-waste similarly causes these pollutive consequences.

For example, batteries leak heavy metals such as lead, barium, and lithium into the soil when placed in a landfill.

As a result, these heavy metals seep into groundwater channels, which eventually enter larger bodies of water like ponds or streams. And as technology continues to develop, the demand for new electronics continues to rise. Estimates show that the number of connected devices will reach 31 billion by 2020.

In O’Toole’s words, “without fundamental change throughout the electronic supply chain, the e-waste epidemic will get worse.”

Amanda OToole
Amanda O’Toole tells us “without fundamental change throughout the electronic supply chain, the e-waste epidemic will get worse.”

Although many companies do already run their own programs for the recycling of e-waste, the reclamation of e-waste is a difficult and complex process.

While complex electronics can contain up to 60 elements from the periodic table, the process of recovering these devices can be complicated and costly.

The question now arises: If it is complicated and costly, what other ways can we deal with e-waste?

Future Economic Potential In E-Waste

The way that O’Toole sees it, e-waste is of particular interest from an investment perspective because of the value of the materials it contains.

When a company is able to extract these raw materials safely, they are able to create a valuable product that can generate revenue.

If the extraction process is cost-effective, it is possible to generate a financial return by reducing e-waste. And in some cases, securing a stable supply of a material may be challenging.

Striving For Clean Technology Through Investments

For the last six months, O’Toole has been working to launch a successful new strategy focused on promoting clean technologies.

In her Clean Economy Investment strategy, she talks about how the fund adopts a unique approach that invests in diverse areas of the market that enjoy structural growth.

Surprisingly, many of these areas are not dependent on macroeconomics. Instead, the product gears towards the interest of mainstream investors.

Through this strategy, O’Toole engages with clients who are not typically interested in environmental value. And with her guidance, clients begin to move towards these areas of the market.

Appealing To the Public

Recently, the rise in social awareness of environmental issues is driving change. This change is partly due to regulations such as building performance regulation and effluence discharge monitoring.

However, consumer demand for things such as meat alternatives and recyclable packaging comprises a majority of the market’s change. In return, brands accommodate this change by developing responsible sourcing policies.

To its advantage, the fund is utilizing this societal trend and implementing it in their own main areas of focus. 

Currently, the fund identified four sub-themes to best represent opportunities for long term secular growth in the Clean Economy:

  1. Sustainable Transport
  2. Smart Energy
  3. Responsible Nutrition
  4. Recycling and Waste Reduction

Framlington Equity’s intention is to invest in publicly listed equities in areas of the global economy which benefit from secular tailwinds. And In the long term, O’Toole argues that consumers will continue to demand the transportation of goods and services; the provision of energy, food, and water; and the use of materials. 

The Bigger Picture

The common theme across the investments that AXA IM makes through the Clean Economy strategy is that these are companies whose goods and services make economic sense for their customers.

Adoption is not dependent on subsidies or a desire by corporates to address environmental issues.

The business case for adoption is based on the need to meet more stringent regulatory requirements. Additionally, companies can gain market share by addressing the growing demand for sustainable consumer products.

Brands would want to invest in order to mitigate potential reputation damage associated with a poor environmental footprint and build a sustainable production cost advantage.

Summary

Companies operating within the clean economy have a critical responsibility to ensure they offer the best solutions for clients while being mindful of the environment.

What’s more, is that when companies demonstrate how their goods and services outperform on relevant environmental metrics, they can gain a competitive advantage.

Financiers have noticed and made waste management a part of their investment strategy.

Final Notes: Is your company doing something to reduce its e-waste or carbon footprint? If so, we’d love to hear from you at tips@mediusventures.com.

Continue Reading

Trending

Share via
Copy link
Powered by Social Snap