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Saving the planet is big business | Minoj Jain
Can saving the planet's freshwater be profitable? Most certainly, says Manoj Jain, investment director at Unison Capital.
"The material recovery conversion of waste and plastic into fuel, desulfurizing the air, the flue-gases, all this is very profitable business," he said at a GZERO Live event organized by the Sustainability Leaders Council, a partnership between Eurasia Group, GZERO Media, and Suntory.
Creating a circular economy that minimizes waste drives his investment decisions, seeking out emerging technologies to help the world push past outdated production methods. Hear more about how solving water scarcity can create economic growth here.
Watch the full livestream conversation: The global water crisis and the path to a sustainable future
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- The urgent global water crisis ›
- Why businesses are leapfrogging governments on water issues - GZERO Media ›
An Afghan man works in a poppy field in Nangarhar province in 2016.
Hard Numbers: Afghans' fewer poppies, Trump's lead in key states, Lake Titicaca’s lower water level, New Delhi's smog, Japan's new frigates, Swifties' tents
95: Once the world’s top opium supplier, Afghanistan has slashed its cultivation of opium poppies by a whopping 95%, according to the UN Office on Drugs and Crime. The drop follows a Taliban edict banning opium cultivation.
5: Former President Donald Trump is leading in five of six battleground states in the run-up to the 2024 presidential election, according to new polls by The New York Times and Siena College. The numbers indicate that Biden is trailing among registered voters in Arizona, Georgia, Michigan, Nevada, and Pennsylvania. The president remains ahead in Wisconsin by the smallest of margins: two percentage points.
29: Over the past seven months, Lake Titicaca’s water level at the Peru-Bolivia border has fallen 29 inches to near-record lows. According to scientists, climate change is exacerbating this year’s El Nino phenomenon, layering heat on top of heat in South America’s largest freshwater lake.
471: In more bad environmental news, primary schools in New Delhi have been closed through Nov. 10 due to high pollution levels. On Sunday, the capital recorded an Air Quality Index reading of 471, a level considered hazardous.
12: The Japanese Ministry of Defense will acquire a total of 12 new Mogami class frigates over the next five years. The vessels will be used to defend the Senkaku/Diaoyu Islands in the East China Sea, which are controlled by Japan but also claimed by China and Taiwan.
5: Die-hard Taylor Swift fans have been camped out in tents for 5 months for a chance at front-row seats to the singer’s Eras Tour concerts in Buenos Aires on Nov. 9, 10, and 11. Some Bad Blood has been reported between the tent dwellers and locals who say the Swifties should get jobs rather than spend days waiting for their idol – but despite the potentially Delicate situation, fans appear able to Shake it Off.
Ian Explains: The problem of our diminishing water supply
Water is a vital resource the world can't live without, yet it's something we often overlook. Did you know that there is only one ocean on Earth? It's true. It might have a different name depending on where you are in the world––Atlantic, Pacific, Indian––but they're all connected. And they cover a staggering 71% of our planet's surface, representing 96% of all water on earth.
Freshwater, the kind we need to survive, is becoming scarcer every day, Ian Bremmer explains on GZERO World. Climate change and increasing demand for water are putting pressure on one of the world's most precious resources. As a result, droughts and severe water scarcity are becoming more common.
Four billion people, half of the world's population, experience at least a month of water scarcity each year, which could displace as many as 700 million people by 2030. Water scarcity leads to hunger, displacement, and conflict, which makes protecting the world's water supply one of our most urgent problems.
While we've made efforts to protect our oceans, scientists say we need to do more to ensure we have access to the freshwater we need.