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Posts Tagged: green economy


30
Mar 10

Can You Please Comment on the new Green Economy Action Guide?

I just wrote a new ebook called the Green Economy Action Guide. The Guide aims to educate entrepreneurs, investors, and community organizers on the weaknesses in our financial system that limit the growth of socially and environmentally beneficial businesses. It also offers some immediate solutions and action steps individuals can take now to help grow the green and social-benefit economy.

Since everyone reading this blog is really a leader in society, I would greatly appreciate it if you would download this short (8-page) ebook and provide me with your feedback to make it better as I expand marketing to reach a much wider audience.

Some of you might have specific strategies I could add to the Guide, in which case it might make sense to include your thoughts and also add your name as a co-author or contributor.

Mark Winstein
EcoSector
Download the Green Economy Action Guide


7
Jul 09

I get a call from the Bureau of Labor Statistics

My die hard fans will remember my quest to upgrade the Federal government’s “North American Industry Classification System” (NAICS) to add a top-tier category for “Ecosystem Health Care and Assistance” in the system’s upcoming revision.  Doing this would would focus all economic features of our economy on the environment – from reporting my major media to job listing and lending categories.  Simply acknowledging the green sector is one small and low-cost governmental step that can truly transform the economy.

In April 2009, I submitted my formal comment to the process which you can read about in my last post on this subject. I figured that would be the end of it, but a few days ago, I got a call from a researcher from the Bureau of Labor Statistics who was charged with the task of following up and researching the merits of my proposal.  We had a nice talk, she asked me if I could provide additional names that would be able back up my wishes with some hard facts on the scope and scale of the green economy.

I suggested she contact Dr. Robert Costanza, founder of the Gund Institute for Ecological Economics at the University of Vermont, Storm Cunningham, author of The Restoration Economy, and Lester Brown, author of Eco-Economy.  I also pointed her to the EcoSector Bookstore for more experts & authors on the green economy.

If you have the names of any other experts in the macro and practical size and scope of the green economy, please post them here and I’ll make sure the researcher gets the info you provide.

Mark


28
May 09

On Beyond Kiva – Merging the Gift Economy with Green Entrepreneurship

A lot of you have probably visited Kiva.org. It’s a great site that helps 1st world donors move money into the hands of 3rd world entrepreneurs. Since their founding, they’ve moved over $33 million into the hands of people who really need it to start a business.

Kiva’s success points to new opportunities to expand social equity and capital parity. On the shoulder’s of Kiva’s success, we can reach some profound new heights for people and the planet.

As you know, I’m pretty focused on growing the green economy. So, I study every funding strategy. Unfortunately, Kiva was not designed to grow the green economy, in the U.S. or elsewhere. In fact, when I last looked, they don’t even have a category for green business, even though this is a rapidly expanding field in many developing nations.


Expanding on Kiva’s Model to Grow the Green Economy

The core feature of Kiva is that donors put money into the system to benefit entrepreneurs. This is a huge breakthrough in conciousness. Before Kiva, most people felt that you should donate money to charities, but you should only “invest” in businesses. This old, default cultural philosophy has really limited the amount of good we can accomplish in the world as a society.

Soon, I’m told, Kiva will add a new program allowing donors to support loans to U.S. entrepreneurs. Here’s where I’m really wanting to see some expansion in our thinking as donors. The news is that Kiva will lend up to $10,000 per U.S. entrepreneur. Truth be told, there are very few green businesses that can really scale up inside the U.S. economy and impact the health of the biosphere with just $10,000 in seed capital. That won’t really even get a startup to first base in a first-world country.

Here’s where EcoSector comes in. We’ve created a gift system that allows the general public to donate a $1 or whatever amount they like into EcoSector’s “launch system”. This money is then used to pay the costs required to get a green business through their first “real” capital round. The fact is, what with securities attorneys and other essential services, it can cost an entrepreneur anywhere from $20,000 to $100,000 to raise their first meaningful round of capital. In today’s default capital system, this seed capital bottleneck is keeping 499 eco-solution companies from succeeding for every one that threads the needle. That means real solutions to our most urgent eco-challenges aren’t getting done.

Don’t take my word for it. This gap is real. Here’s a slideshow put together by a big venture capital firm that tells the same story from their point of view.

While you’re at it, I hope you’ll check out the video above that lays out EcoSector’s launch system in a fun and enjoyable way, or you can see click straight to it on YouTube to learn How to Launch 1000 Eco-Solution Companies by 2016.


25
Mar 09

Enviros Don’t Get No Respect!

Back in April 2008, I wrote a piece called Where is the Eco-Sector?, describing how the Federal government’s “North American Industry Classification System” (NAICS) gives short shrift to those of us who take care of the environment for our careers.

This may seem trivial, but it has widespread impacts on the way vast numbers of people think and spend money. For example, since “Environmental Health” is not a top-tier industry category in the U.S. Government’s system, this same ommission gets spread throughout job sites, investment services, news media coverage, etc.  It’s as if our industry doesn’t exist.  In the economy, lack of attention equals lack of money, and the result is that spending and investment dollars don’t get directed into the green economy at the level needed to address our global eco-challenges.

Now there’s something you can do about it!

The other day, I got an email from the Chief of the Economic Classifications Development Branch, Bureau of the Census, informing me that the department is now accepting public comments about proposed changes to the NAICS category system.

The dealine for comments is April 7, 2009. To comment, go to the U.S. Government’s official comment site for the NAICS revision process and press the “Add Comments” button. From this web page, you can also download a PDF that describes the NAICS revision process in more detail, along with the email, fax, and phone for Mr. John Murpy, Chair of the Economic Classification Policy Committee.

Here’s what I wrote:

Dear Mr. Murphy,

I would like to request that you add a top-tier category for “Ecosystem Health Care and Assistance” in your upcoming revision to the “North American Industry Classification System” (NAICS).

This would reflect the importance of healthy ecosystems to the health of people and begin to recognize the economically valuable activities of millions of Americans working in the Eco-Sector toward these objectives.

I posted a article on this subject at http://ecosector.com/blog/?p=31 that describes my reasoning in more detail.

Thank you for your kind consideration.

Mark Winstein
Founder
EcoSector Industry Association
208-596-6500

The department reviews and proposes changes once every five years.  I’m not exactly optimistic we can make these changes this time around – I think it will take growth of the EcoSector Industry Association to accomplish a sea change like this.  However, with your help, we can at least get this idea planted and then water it so that we can eventually complete this much needed structural transformation of our economy.

Mark Winstein

Green Economy Action Guide

How We Can Put Billions of Dollars To Work Solving Our Eco-Challenges Without Waiting for Big Governments to Act

  • Why Can't Governments Protect the Environment?
  • How Can the Green Economy Solve Large-Scale Eco-Challenges?
  • What is Limiting Growth of the Green Economy?
  • What Can I Do?