Showing posts with label transformational crisis. Show all posts
Showing posts with label transformational crisis. Show all posts

The 3 Stages of a Recycling Loop

A recycling loop includes the design, manufacturing and marketing of products. A fragmented recycling system only moves trash around, a recycling loop collects recyclables, transforms them into useful products and distributes them in the marketplace. The symbol of recycling represents the three stages of collection, processing and market development.

Ideally a recycling loop involves energy efficient processing and production technologies that convert recycled feedstock into new raw materials that will generate high demand, practical products.

Green consumers are eager to embrace products made from recycled materials. A survey conducted by the Natural Marketing Institute found that 81% of Lifestyles of Health and Sustainability consumers (the “green” market segment) completely agree with using products made from recycled materials (compared to 27% for non-LOHAS consumers).

Re-processing and re-manufacturing are the logical extension of recycling. However, to complete the recycling loop, we need a combination of political willpower, consumer consciousness, business leadership and technological innovation.

© 2011, Richard Matthews. All rights reserved.

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G20 and Central Bank Governors Joint Communique

The economy is in recovery and a sustainable economy is the best way to preserve that recovery. On June 5, G20 Finance Ministers and Central Bank Governors issued a “joint communiqué” which indicated that despite regional and national imbalances, the world economy is recovering faster than expected.

However, the recent sovereign debt crisis in Europe and international financial market volatility demonstrate that their are still serious challenges ahead.

Financial reform and sustainable finance are important, but we need to see balanced growth and a mechanism for shared medium-term goals.

We need specific policy actions by governments, the International Monetary Fund, and the World Bank. The government needs to take measures to improve hedge funds, credit rating companies, subsidies, financial derivatives and transparency. The banks also need to increase capital flow, and reduce the need for moral hazard.

We also need to see international accounting standards. Above all we need to see national, bilateral and multilateral efforts to deal with the capital markets to limit the spread of instability and crisis.

Ultimately it comes down to a sustainable framework for cooperation between member states.
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