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THE TOLL OF FAST FASHION ON THE ENVIRONMENT

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The fashion industry represents an important part of our economies, with a value of more than $2.5 trillion and employing over 75 million people worldwide. Good as that may sound, it comes with far more environmental cost than me and you can imagine. Having said that, let's see how fashion affects the environment. Fashion is a complicated business involving long and varied supply chains of production, raw material, textile manufacture, clothing construction, shipping, retail, use and ultimately disposal of the garment. Adding to this chain is the ultimate problem of consumerism that people around the world have developed especially in the fashion industry. Feeding this rampant consumerism is the “fast fashion" trend, in which clothing is designed to be moved as quickly as possible from the local store across the world. Only about 10 years old, fast fashion is leading the way in actual disposable clothing and it is particularly worrisome because it creates demand for and th...

FINANCING THE GREEN FUTURE

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At its simplest, green finance is any structured financial activity that’s been created to ensure a better environmental outcome. It includes an array of loans, debt mechanisms and investments that are used to encourage the development of green projects or minimize the impact on the climate of more regular projects. Green financing is basically to increase the level of financial flows (from banking, micro-credit, insurance and investment) from the public, private and not-for-profit sectors to sustainable development priorities. A key part of this is to better manage environmental and social risks, take up opportunities that bring both a decent rate of return and environmental benefit and deliver greater accountability. Green Finance is important as it promotes and supports the flow of financial instruments and related services towards the development and implementation of sustainable business models, investments, trade, economic, environmental and social projects and policies. As t...

Understanding the impact of GMOs on the environment

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  By definition, a genetically modified organism (GMO) is one where genetic characteristics of one specie is modified by insertion of an altered organism gene of the same species or a gene from other organisms using genetic engineering. When the gene is taken from the same species it is called intragenic modification where as a gene from a different organism is called transgenic modification. The major criticisms of genetic engineering in food production have been in the areas of potential human health effects, environmental and other possible socioeconomic effects. Genetically modified foods first appeared in the food market in the 1960s (Uzogara, 2000). In 1967, a new potato variety called Lenape Potato was bred for its high solids which made it appropriate for making potato chips. Two years later, the Lenape potato developed a toxin called solanine and it was withdrawn from the market by the United States Department of Agriculture. The development of toxin in the Lenape pota...

DOUBLE CRISIS

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The covid 19 pandemic is wrecking havoc in countries across the globe, causing a global health crisis and forcing the economies to slow down due to the strict quarantine measures, with further consequences ranging from closed boarders, scarce hand sanitizers, to house arrests to ensure social distancing measures. Bad as that may be, the pandemic has impacted the environment in a very intriguing way.  The carbon dioxide emissions and human mobility have been reduced leading to improved air quality lessening on the pollution in the air  due to commuting because of  “work from home” policies, industries and aviation being  on operation halt , among others .   According to Randolph Bell, Director of the global energy center explained in the Atlantic council that the economic recession linked by the virus is likely to cause a drop in the carbon dioxide emissions this year. For example, NASA satellite indicated a 25% reduction of carbon emissions in China after 4 week...