• How Gabon is selling carbon credits to fuel its economy

    Tropical rainforests play a vital role in the fight against climate change by absorbing carbon dioxide from the atmosphere.

    Gabon plans to sell 90 million tonnes of carbon credits, with the hope that the funds raised will go towards conserving its forests and fuel its economy.

    What are carbon credits and how did Gabon earn them? BBC Africa’s Senior Business Journalist, Claire Muthinji, tells us more.

    Producer: Jewel Kiriungi

    Filming: Jeff Sauke

    Graphics: Ian Njuguna

  • Even if you’re paying for the product, you’re still the product – By Cory Doctorow

    There’s something oddly comforting about the idea that “if you’re not paying for the product, you’re the product,” namely, the corollary: “If you can afford to pay for a product, you won’t be the product.” But it’s bullshit. Companies don’t make you the product because you don’t pay — they make you the product because you can’t stop them.

    The theory behind “if you’re not paying for the product…” is that old economist’s saw: “incentives matter.” Companies that monetize attention are incentivized to manipulate and spy on you, while companies that you pay just want to make you happy.


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  • The Age of Social Media Is Ending

    “Social media turned you, me, and everyone into broadcasters (if aspirational ones). The results have been disastrous but also highly pleasurable, not to mention massively profitable—a catastrophic combination.

    The terms social network and social media are used interchangeably now, but they shouldn’t be. A social network is an idle, inactive system—a Rolodex of contacts, a notebook of sales targets, a yearbook of possible soul mates. But social media is active—hyperactive, really—spewing material across those networks instead of leaving them alone until needed.”

     

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  • COP27: US works on plan for companies to fund emerging nations’ fossil fuel switch
    The US is working on a plan to harness cash from the world’s largest companies to help developing countries cut their use of fossil fuels, an idea it aims to unveil at the UN climate summit this week.   “US officials hope the plan will combat global warming by unlocking “tens of billions” of private capital to fund the energy transition in emerging economies, according to a person familiar with the discussions.”

    COP27: US works on plan for companies to fund emerging nations’ fossil fuel switch…


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  • From nuclear power to bamboo: The climate solutions at COP27
    Green hydrogen is a zero-emissions hydrogen fuel capable of powering planes, cars and homes. It’s produced using wind and solar power, along with a high-tech electrolysis process. By 2050, cleanly made hydrogen could remove seven gigatons of CO2 emissions annually if scaled successfully, roughly 20 percent of human-caused emissions, according to McKinsey.”

    From nuclear power to bamboo: The climate solutions at COP27…

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  • Can the clean transition happen? By Azeem Azhar
    “Let’s just focus on the future demands of minerals needed for the clean transition — the demand is set to grow exponentially. That is as daunting as moving a hunter-gathering species of 10 million from foraging to domestication.

    We have an existence proof which suggests that this rationale is flawed.

    We did scale agriculture all over the globe, band by band, in parallel, in similar ways and in different ways. In fact, we have gotten so good at it, we can adequately feed six billion people, and overfeed a further one billion of them. And we even need less land than before.

    To believe that it is impossible to decarbonise the global economy quickly because we won’t be able to scale up clean energy requires the same flawed rationale to argue that agriculture never happened.”

    Can the clean transition happen?

     

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  • ‘Like Vegas, but worse’: Sharm el-Sheikh fails to charm Cop27 delegates
    With its jarring mix of sun-drenched luxury resorts, overt authoritarianism, apocalyptic climate warnings and sub-Arctic air conditioning, Sharm el-Sheikh has so far proved a challenging and confounding venue for the Cop27 climate talks. … “There have been some notable rhetorical flourishes, not least from António Guterres, the UN secretary general, who has turned climate speeches into something of an art form. The world is on a “highway to climate hell with our foot still on the accelerator”, he warned. “Humanity has a choice: cooperate or perish.””

     

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  • As the world’s population passes 8bn, new parents from Italy to India look to the future

    Tuesday 15 November marks the day that the global population is projected to reach 8 billion, according to the United Nations – meaning the number of people in the world has more than tripled in the past 70 years. The impact of this is far-reaching, putting additional pressure on already stretched resources and challenging efforts to reduce poverty and inequality.

    The average woman now gives birth to two children, down from five in 1950. We spoke to parents around the world who have welcomed a new child in recent months about their hopes and fears for their family.


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  • Get out of the job rut and embrace a ‘portfolio life’

    Lately more and more people have been turning to me for career advice particularly those who are around 40-70. While I’d like to believe that this is because of my fast-growing reputation for dispensing good advice, a lot has to simply do with the fact that more people are struggling to navigate a rapidly changing landscape and simply don’t know what to do next. ‘Work’ is being disrupted like never before. Not so long ago, the market for talent was red hot; now even once mighty tech firms like Meta (the Facebook parent), Netflix and even Microsoft are laying off employees, not to mention startups that are facing a ‘funding-winter’.


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  • Toward a sustainable, inclusive, growing future: The role of business

    To make the world as sustainable and inclusive as we hope, a certain kind of economic growth will be necessary—and companies will play a vital role in generating it.

    How should the world confront its most pressing environmental and social challenges? 

    An answer lies in sustainable, inclusive growth—that is, economic growth that provides the financial resources needed to contain climate change, promote natural capital and biodiversity, empower households, and promote equitable opportunity. Any effort to usher in such growth will need many stakeholders, but businesses, which drive more than 70 percent of global GDP, will be a key player.


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