Scientists have been sounding the alarms about global warming for years but now more than ever, it looks as if it’s about time. The United Nations have reported that the earth is warming at a terrible pace and there is much fear about what the condition will be come 2040.
NASA also recently reported that the earth for the first time in 4 million years is experiencing the highest level of Carbondioxide. While several parts of the world are also experiencing one form of climate change or the other, it’s just a matter of time before these effects are irreversible.
Every problem presents an opportunity and in this case, there is much to draw from the situation.
While the debates on effects and causes of global warming persists, financial experts have given a clue to investors on how to make money and save the planet likewise.
The operation save the planet from the adverse effects of climate change gives individuals and investors an opportunity to achieve a healthy society and make money in the process.
Here are some green investment ideas for you to save the planet while generating a decent income
The purchase of green bonds is considered as an apt threshold for new investors to debut in the green market.
The number of investors entering the green investment market increases on a daily basis. Although they make short term profits, the long term dividends are not easy to access.
The profits generated from green bonds apply to both new and existing environmental development projects.
This is a core aspect of the climate change investment strategy. It is all about investing in an alternative source of energy.
These green investments differ based on the investor’s choice as there are a couple of areas to look at. Some examples include solar energy, wind or geothermal production and distribution aswell as other companies that manufacture alternate energy sources like batteries that power cars.
The idea of producing energy on a micro level from natural sources such as wind, water or sun is a great way to positively affect the environment while enjoying some returns on your green investment.
These installations have also produced a positive result in the general manufacturing of greenhouse gasses. A lot of these adventures usually result in the investor enjoying some form of savings or profit but this is always small when compared to companies that offer these services.
Another branch of the alternative source of energy is “energy conservation”. This is largely considered as a very cost-efficient way of reducing fuel consumption and also, greenhouse gas emissions.
The mere improvement of the thermal insulation of a building which could even be cost-free can help in taking advantage of the Energy Company Obligation movement.
There has been an increased awareness among global companies and many are now turning their attention to the use of sustainable products as well as renewable source of production for their operations.
For example, Walmart is a big name in the movement and has put mechanisms in place to ensure that over 5000 of its stores are more environmentally responsible. Their activities range from demanding that their suppliers make use of less packaging to requesting that they also use minimum lights at night.
Given the size of the store, these little activities have had a positive impact on their business and have reduced a huge amount of waste while saving them billions of dollars in the process. Walmart also recently signed a deal to increase the use of solar panels as an alternative source of power in its stores.
Companies like this provide great support for environmental conservation. Investing in their stocks would serve as a boost that propels them to continually improve the environment of their host communities.
Investment in agriculture is a proven way of earning real income and reducing the effects of climate change in our society.
According to the reports of the United Nations’ Food and Agriculture Organization, agriculture plays a vital role in ensuring that the response to climate change is more effective.
On the other hand, agriculture as a whole has been adversely affected by the negatives of climate change.
Planting crops for healthy consumption provides a source of income for the investor while also ensuring that more oxygen is produced in the environment. Foods like vegetables can be planted and this makes investor self-sufficient and likewise, the meal times also become more enjoyable.
Ethiopia recently engaged in a combat with global warming where the citizens of the country planted 350 million trees in 12 hours. The activity effectively tackles climate change and could also be a future source of income as these trees can be processed for several purposes.
Recycle and recycle again
Another great way of saving the planet while securing your bag is by recycling various items like clothing, furniture, and other items that can renewed or reused.
You can earn in several ways by recycling. For instance, you can recycle your slightly worn clothes, shoes or furniture by selling them at a local consignment shop or through e-commerce apps like Letgo for clothes and Chairish for furniture. These items could also be donated to earn you a tax deduction.
Several retail stores also provide rebates to customers for recycling common items. Staples for instance offers 2 dollars when a customer returns an empty ink cartridge.
Promoting sustainability goes beyond a humanitarian move, it can also be highly lucrative.
According to data on GreenBiz, in 2014 only, companies around the globe invested over 330 billion dollars in clean energy. It was also discovered in 2015 that 20% of companies that were at the forefront of cutting carbon production outperformed the global market by 6%.
Taking advantage of the green business has multiple rewards and at the same time makes the planet better.
Anyone who loves to live in a healthy and eco-friendly environment should consider investing to support this cause. The global warming is real and its signals can’t be ignored.