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Health & Wellbeing
Olive Gaea: Ensuring Environmental Health via Carbon Neutrality By: Vivek Tripathi, Founder & CEO of Olive Gaea
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ewly launched carbon offsetting start-up, Olive Gaea, talks about the importance of a healthy environment and the company’s initiatives in mitigating climate change. As the world battles to recover from the Covid-19 health-crisis, a renewed understanding of the paramount importance of a healthy environment is finally emerging.
United States rejoined the Paris Climate agreement and President Biden announced a budget proposal calling for more than USD 36 billion to fight climate change.
According to the World Health Organization (WHO), not only is the current pandemic a reminder of the delicate relationship between people and our planet: healthier environments could prevent almost one quarter of the global burden of disease. This is why, despite the harsh downturn COVID-19 brought to most economies worldwide, green investments and sustainable development are now, more than ever, at the forefront of many governments and businesses' agendas.
Here in the UAE, the government is bidding to host the COP28 summit focusing on economic opportunities in climate action, and has strongly reaffirmed its goal to become a global leader in the green economy, launching a number of prominent strategic initiatives, spanning from the Energy Strategy 2050 and the Dubai 2040 Master Plan.
Over the past few months, New Zealand became the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business. Europe pushed ahead its Green Deal, and China reinforced its commitment to become carbon neutral by 2060. All the while, the
The corporate world is also taking significant steps towards greater responsibility, accountability, and more sustainable operations, and BlackRock - the largest asset manager in the world - is now requesting the companies in which it holds shares to explain how they plan to achieve net-zero emissions by 2050.
we might not have a single easy-fix to solve the issue of climate change, but we know that decarbonsing at scale is finally possible.