Showing the numbers:
- According to registropublicodeemissoes.fgv.br, despite of Paris global accord, we have been increasing the amount of CO2 emissions since 2017.
- In 2023 alone, we emitted over 1 billion tons of CO2e.
- There is not enough territory to reforest, create wind or photovoltaic power plants to capture or offset all this CO2 emission.
- The cost to neutralize 1 year with certified carbon credits in quality regulations would exceed 80 billion EUR per year. (considering 80 EUR/tCO2e)
Carbon offsetting x Carbon Insetting Strategy for ESG Managers:
Carbon offsetting and carbon insetting are two different approaches that companies can take to address their carbon emissions and environmental impact. While carbon offsetting involves investing in external projects to compensate for emissions, carbon insetting focuses on reducing emissions within a company's own value chain. For ESG managers, understanding the differences and benefits of these strategies is crucial for developing effective sustainability plans.
So, Is offset CO2 emissions the answer?
Here are some media links about companies that offset carbon emissions around the world:
These articles provide insights into how various companies are approaching carbon offsetting and the challenges and controversies surrounding these efforts. The global temperature keeps increasing despite all brands starting offset CO2 emissions globally.
If every brand are saving the world, who’s the son of a bitch that is destroying it? - Unknow author
There is a darker problem with carbon credit offsetting plans for these industries: scams are pushing climate goals further out of reach.
What if?
If the global temperature increases by 1.5 degrees Celsius, it would have significant economic and environmental impacts. While the specific information about building cooling systems is mentioned in the context, I'll expand on this topic using scientific and economic indicators:
- Energy Demand: A 1.5°C increase would lead to higher energy consumption for cooling. The International Energy Agency projects that energy demand for space cooling could triple by 2050, straining power grids and increasing greenhouse gas emissions.
- Economic Costs: According to a study published in Nature, limiting warming to 1.5°C instead of 2°C could save up to $20 trillion in global economic damages by 2100.
- Agricultural Impact: The Intergovernmental Panel on Climate Change (IPCC) reports that crop yields could decrease by 3-6% for every degree Celsius of warming, affecting global food security and agricultural economies.
- Sea Level Rise: The IPCC also predicts that a 1.5°C increase could lead to a sea level rise of 0.26-0.77m by 2100, threatening coastal economies and infrastructure.
- Extreme Weather Events: The World Meteorological Organization warns that a 1.5°C increase would intensify extreme weather events, leading to higher disaster recovery costs and insurance premiums.
- Health Costs: The World Health Organization estimates that climate change will cause approximately 250,000 additional deaths per year between 2030 and 2050, with direct health costs of $2-4 billion annually by 2030.
The other perspective about companies who are changing the game about climate change:
These articles highlight innovative approaches to carbon credit generation and renewable energy projects. Tesla's dominance in the carbon credit market demonstrates how companies can profit from sustainable practices. The waste-to-energy projects in Cape Town showcase how cities can turn environmental challenges into economic opportunities. These examples illustrate that while carbon offsetting has its critics, there are also promising developments in the field that could contribute to meaningful climate action.
What we want to to, but not only for bikes:
Current Market Gaps and Investment Triggers
•Fragmented Solutions: The current market lacks a comprehensive, one-stop platform that ties together mobility, sustainability, and personal rewards. Competitors either focus narrowly or fail to create engaging, habitual experiences for users.
•Missed Economic Potential: Current sustainability initiatives have yet to fully tap into the potential of gamified reward systems, which are proven to boost user engagement by up to 60%.
•Untapped Adoption Incentives: Platforms fail to offer users a clear, valuable incentive to switch from personal, high-emission vehicles to sustainable alternatives. This is a missed opportunity in a market ready for scalable, impactful solutions.
Why Now?
•Rapid Growth Phase: We are at a pivotal moment where the intersection of technology, environmental responsibility, and consumer behavior is reshaping how people move and make choices. This convergence presents a timely, first-mover advantage for investors.
•Impact with High ROI Potential: Solutions that combine real-world rewards with eco-friendly actions are not just innovative—they are positioned for sustained, scalable growth and market leadership.
•Be Part of the Change: Join us in revolutionizing urban mobility while capitalizing on a solution with high-impact scalability and strong market fit.
•Capture Market Leadership: Secure an early stake in a solution that aligns perfectly with future-proof sectors: sustainability, technology, and mobility.
•Invest in Innovation with a Purpose: Ecomilhas represents an unmatched opportunity to back a company at the forefront of eco-friendly innovation, designed for mass adoption and significant environmental impact.