Science has learnt from natural laws tremendously; nature doesn't waste but economics is build around a paradigm of extract, produce, use and waste. A zero-waste circular economy paradigm will be consistent with natural laws and offers hopes for a sustainable world. We discuss the various aspects of this optimistic prospect.
Over the last 4 billion years known history of earth, nature has not wasted even one drop of water. We can learn from nature and try to establish zero-waste compassionate circular free market economies. Islamic finance must play a central role in such a transformation.
Introduction
UNEP’s report, Towards a Green Economy, aims to debunk several myths and misconceptions about greening the global economy, and provides timely and practical guidance to policy makers on what reforms they need to unlock the productive and employment potential of a green economy
http://www.unep.org/greeneconomy/Portals/88/documents/ger/1.0_Introduction.pdf
Presentation delivered by Dr. Roger McLeod, Economist, CDB at the seminar titled, 'Financing the Blue Economy: A Caribbean Development Opportunity' on May 31, 2018 held during CDB's 48th Annual Meeting of the Board of Governors in Grenada.
Over the last 4 billion years known history of earth, nature has not wasted even one drop of water. We can learn from nature and try to establish zero-waste compassionate circular free market economies. Islamic finance must play a central role in such a transformation.
Introduction
UNEP’s report, Towards a Green Economy, aims to debunk several myths and misconceptions about greening the global economy, and provides timely and practical guidance to policy makers on what reforms they need to unlock the productive and employment potential of a green economy
http://www.unep.org/greeneconomy/Portals/88/documents/ger/1.0_Introduction.pdf
Presentation delivered by Dr. Roger McLeod, Economist, CDB at the seminar titled, 'Financing the Blue Economy: A Caribbean Development Opportunity' on May 31, 2018 held during CDB's 48th Annual Meeting of the Board of Governors in Grenada.
Presentation delivered by Simon Littlewood, President, SDG Global Group & CEO, Li Family Office at the marcus evans Private Wealth Managements APAC Summit 2019 in Macao
This is a group work carried out in the field of economics of sustainability. It looked at hidden cost and externalities. Also tried to appraise the emergence of carbon economics and carbon tax systems.
BLUE ECONOMY: TOWARDS A SUSTAINABLE MARINE AND FISHERIES DEVELOPMENT IN INDON...Sunoto Mes
The integration of economy, social, and environmental protection is necessity to promote sustainable marine and fisheries development, especially in archipelagic states like Indonesia. The Blue Economy principle that is primarily concerned with natures' efficiency, social inclusiveness, and environmental protection is mostly suitable to apply in promoting an integrated marine and fisheries development for the prosperity of not only the present but also future generation. The implementation of Blue Economy principles on marine and fisheries deals with 2 major approaches: 1) promoting blue economy models of businesses and 2) developing blue economy zones. The first approach refers to business and investment that promote multiple revenue, employment, and income generation while the second approach deals with integrating marine and fisheries macro policies and developing integrated coastal zone management (ICZM) and other related land-based economy activities. This concept is aimed to provide a new way of thinking as a challenge to businesses and investors as well as governments in dealing economic opportunity in marine and fisheries. This concept was also initiated to respond to global issues as the global warming and climate change and their impacts have become apparent in damaging the environment, including ocean and coastal. Appropriate and strategic actions need to be done by not only the government but also private sectors.
Sustainable Development: The Importance of Blue EconomyPreeti Sikder
Learning Objectives: After completion of this lesson students will
a) understand the concept of Blue Economy
b) identify the aim of Blue Economy
c) learn about the legislative and policy based actions taken in Bangladesh relating to Blue Economy
d) identify the necessary steps to be taken in Bangladesh for ensuring spread of blue economy
Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. The vast coastline of Pakistan naturally offers the option of deep sea water ports which means a much bigger volume of ship could be stationed along the coastline.
Sustainable marine and fisheries development policy frameworks: 1) implementing good ocean governance: integrated sea use management and ecosystem-based management, 2) developing blue economy zone: integrated land and ocean-based development such as ICZM, and 3) blue economy model investment.
Presentation delivered by Simon Littlewood, President, SDG Global Group & CEO, Li Family Office at the marcus evans Private Wealth Managements APAC Summit 2019 in Macao
This is a group work carried out in the field of economics of sustainability. It looked at hidden cost and externalities. Also tried to appraise the emergence of carbon economics and carbon tax systems.
BLUE ECONOMY: TOWARDS A SUSTAINABLE MARINE AND FISHERIES DEVELOPMENT IN INDON...Sunoto Mes
The integration of economy, social, and environmental protection is necessity to promote sustainable marine and fisheries development, especially in archipelagic states like Indonesia. The Blue Economy principle that is primarily concerned with natures' efficiency, social inclusiveness, and environmental protection is mostly suitable to apply in promoting an integrated marine and fisheries development for the prosperity of not only the present but also future generation. The implementation of Blue Economy principles on marine and fisheries deals with 2 major approaches: 1) promoting blue economy models of businesses and 2) developing blue economy zones. The first approach refers to business and investment that promote multiple revenue, employment, and income generation while the second approach deals with integrating marine and fisheries macro policies and developing integrated coastal zone management (ICZM) and other related land-based economy activities. This concept is aimed to provide a new way of thinking as a challenge to businesses and investors as well as governments in dealing economic opportunity in marine and fisheries. This concept was also initiated to respond to global issues as the global warming and climate change and their impacts have become apparent in damaging the environment, including ocean and coastal. Appropriate and strategic actions need to be done by not only the government but also private sectors.
Sustainable Development: The Importance of Blue EconomyPreeti Sikder
Learning Objectives: After completion of this lesson students will
a) understand the concept of Blue Economy
b) identify the aim of Blue Economy
c) learn about the legislative and policy based actions taken in Bangladesh relating to Blue Economy
d) identify the necessary steps to be taken in Bangladesh for ensuring spread of blue economy
Pakistan is an important maritime state in the Indian Ocean blessed with approximately 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. The vast coastline of Pakistan naturally offers the option of deep sea water ports which means a much bigger volume of ship could be stationed along the coastline.
Sustainable marine and fisheries development policy frameworks: 1) implementing good ocean governance: integrated sea use management and ecosystem-based management, 2) developing blue economy zone: integrated land and ocean-based development such as ICZM, and 3) blue economy model investment.
the delicate topic of Sustainable Development through a
book which I have co-authored and give to the audience also a perspective on
how Education can sensitively provide support for this framework.
I will participate in my role of affiliate professor of management and behavior
for Grenoble Graduate School of Business, France ( www.ggsb.com)
by mark esposito (m.esposito@ht.umass.edu)
Innovate uk Horizons Sustainable Economy Framework,Innovate UK
Horizons is a practical tool that helps you to work out just that. It defines the environmental limits and social conditions necessary for a sustainable economy.
Use it to develop and test your strategy, inform commercial decisions, and drive new innovation.
PowerPoint Presentation prepared and presented by President of Carroll Properties Corporation- Elizabeth Belenchia exploring the Real Estate Industries' opportunity to be leaders in the global economy- a driving force for eco-friendly properties and ventures.
Global Digital Sukuk (GDS) - A basic frameworkTariqullah Khan
GDS is a suggested digital Sukuk based on the idea of Bitcoin, but is proposed to be a registered and regulated digital(crypto)-asset as a perpetual Mudharabah issued on Public Blockchain by a credible SDGs oriented entity based on the entity’s overall balance sheet strength. The keywords are:
a. Digital(Crypto)-asset that is registered and regulated
b. On Public Blockchain
c. Perpetual Mudharabah Sukuk
d. Based on the overall balance sheet strength of the issuer
e. The issuer is a SDGs oriented business entity having track record of issuing Sukuk.
The 2012 Capital Markets Conference, organised by the QCB and the IMF in the Ritz Carlton Hotel Doha dated 18-19, September 2012
Reference - http://www.gsdp.gov.qa/portal/page/portal/gsdp_en/media_center/events_activities/capital_markets_conference_2012/Tab1/18Sep_Session04_TKhan.pdf
All the Islamic financial contracts that are dominantly in practice are actually based on promise not sale contracts and by its nature a promise is non-binding but due to prudential requirements it is treated as binding.
Islamic profit rate swap - exchange of the mark-up of a long dated fixed rate Murabahah contract with the LIBOR rate underlying a series of smaller Murabahahs corresponding to the date of installment payments on the fixed rate long dated contract.
Sale buyback (bai' al I'na) and buy sale-back (tawaruq) are often confused and most independent Shariah councils/boards strongly recommend to avoid these rather fictitious legal tricks.
Financial infrastructure comprises of the resources, public policy support, protection, facilities and utilities that make the use of the financial architecture beneficial for developing an inclusive, dynamic and resilient financial system.
Financial architecture comprises of the globally acceptable core principles,best practice guidelines and standards that are need for the inclusiveness, effectiveness, resilience and sustainability of the financial system.
Estimates of assets of islamic financial services industryTariqullah Khan
In 2013 the size of Islamic finance assets are estimated to be $ 1.5 trillion to $ 2.1 trillion depending on 10% annual growth and 15% annual growth assumptions.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.
Circular economy 2
1. CIRCULAR ECONOMY
Aspirations, Realities and Opportunities
Tariqullah Khan, Professor Islamic Finance
College of Islamic Studies, HBKU
College of Islamic Studies
Views expressed are personal
3. Existing Market Paradigm
Extract
Resources
Produce Use/Consume Waste
Atmosphere as
smoke of waste burns
Landfills
Rivers
Seas
Pollution
Climate change
and disasters
Destruction of
Eco System and
species
Entrance of toxic
elements in food
chain
Waste of
economic value
Sanitation, water
and health issues
Poverty
Uncertain future
4 billion people live under $10 a day 1.5 billion under $2.0 a day
Resource-based Linear Paradigm
Estimated 6 trillion dollars are wasted in reusable value of waste
Impact of Waste is
Someone Else’s
Concern
4. World GDP and stock of financial
assets 2015 trillion US dollars
Global Economy 2015
WGDP Financial Assets Derivatives
World
GDP 77
trillion
US$
World FAs
300
trillion
US$
World Ds
500
trillion
US$
WGDP
25% of
WFAs
WGDP
15% of
WDs
WGDP
10% of
WFAs &
WDs
Globally, $ 1
of real asset
is against
$10 financial
claims
Financing the Paradigm
Global Finance and Economy
“According to Hotelling’s model
(of economics of natural resources
1931), even when market prices
fully reflect the value of a species,
it will be efficient to exploit a
species to extinction or totally
degrade an ecosystem if the value
of the species or the ecosystem
over time is not increasing at least
as fast as money deposited in an
interest-bearing bank account.”
Costanza, R., Cumberland, J.H., Daly, H., Goodland,
R., Norgaard, R.B., Kubiszewski, I. and Franco, C.
(1997a). An introduction to ecological economics.
CRC Press, Florida: USA.
5. Question: Despite tremendous scientific and
engineering advances why the future of the world is so
uncertain because of the management of resources?
Answer: Because
Science and
Engineering has
learnt from
nature
But Economics has gone against nature
Flying; Swimming; Computers, Nano
Technology etc. Here is a list of 14
beautiful scientific discoveries based on
nature
https://www.bloomberg.com/news/photo-
essays/2015-02-23/14-smart-inventions-
inspired-by-nature-biomimicry
7. Lessons that Economics Can Learn from
Nature
Nature doesn’t waste
Water Cycle
Oxygen Cycle
Carbon Cycle
Food Cycle
Circular Economy Ideas
(Photosynthesis)
Nature Economics
Need Economics in Harmony
with Nature
Zero Waste Circular Economy
9. Marine Food CycleGoogle Image credithttps://www.google.com/search?safe=active&rlz=1C1GCEU_enQA821QA821&biw=1920&bih=969&tbm=isc
h&sa=1&ei=3ugMXLM1k8y_BInAusgN&q=food+chain+cycle+diagram&oq=food+chain+cycle&gs_l=img.1.1.0l
4j0i7i30j0i5i30j0i8i30l3.90254.91867..96185...0.0..0.394.2328.3-6......1....1..gws-wiz-
img.......0i7i5i30j0i8i7i30.6HtfTM2FSAs#imgrc=VWeLVnevDKikNM:
Carbon Cycle
https://biology-igcse.weebly.com/carbon--water-cycles.html
Google Image credit
Circularity of Nature
10. Linear Paradigm
Extract Produce Use Waste Waste
Waste
Waste
Waste
Waste
Waste
Waste
Waste
WasteDumped into
land fields,
rivers, sea and
atmosphere
as result of
high
temperature
burning
Extract
Design &
Produce
Use & Re-
use Waste
Circular Economy Paradigm
Ideally zero
/minimum
waste treated
to be part of
the Eco system
Turning Waste to Wealth and Wellbeing
Impact of Waste is
Someone Else Concern
11. Cleaner
production
processes
with zero-
waste
After sale
service and
repair
End of life
re-
collection
Reuse and
recycle
Rely on
green
energy
Design of
products -
Long life,
non-toxic,
C2C
Eliminate negative
environmental
impact
Eliminate Waste Reduce Resource
Dependency
Reduce Cost
Circular
Economy
Advantage
1
6
5 4
3
2
12. Design: Eco-friendly, long life, disassembly, reuse, recycle
C2C
CO2 Reduction: Eco-efficiency, Eco-sufficiency
Re-use: Take-back mechanism (C2C), repair, material
re-usability
Recycle: Waste separation at origin, zero-waste
strategies, waste to wealth and wellbeing
Technical nutrient classification – reenter waste into
environment after treatment
Renewable energy:
1
2
3
4
5
6
Pillars of Circular Economy
Cradle
to
Cradle
2002
William McDonough
and Michael Braungart
13. 1. Behavioral rationalization of consumption to eliminate wastage of food,
water, energy, clothing, wealth etc.,
2. Enhancing design, repair and maintenance to eliminate wastage of life
cycle;
3. Promoting sharing and Uberization to eliminate wastage of useful
capacity of assets;
4. Cradle to Cradle to eliminate wastage of material value of waste
5. Implement recycling to eliminate wastage of embedded values of
waste;
6. Promote usage of solar and renewable energy to eliminate wastage of
potential resource
7. Incentivize eco-efficiency and eco-sufficiency to avoid wastage of
energy utilization opportunities
8. Chemically and biological treat waste for remerging with environment
to avoid wastage of beneficial components and avoid smoke of burning
Waste Reduction Opportunties
14. Global Level CE
National Level CE
Macro Level CE
Intermediate Level CE
Micro Level CE
CE Hierarchies
International efforts – SDGs, PRIs, GCPs, RBPs,
RIPs, GRI
Multidimensional Development QNV2030, EU,
OECD and other national zero-waste initiatives
and legislation
Eco cities, collaborative consumption like Uber,
Air BnB, Kareem etc – resources sharing
Eco Parks, Industrial Symbioses, Associations,
Educational, Research and Development
initiatives
Product designs, repair & maintenance, reuse,
retake, separate waste collection and recycling,
supply chain and Econ friendly
22. #4 Opportunity
Circular
Economy
Transition
Strategies
involving all
stakeholders
Global Level
Macro Level
Intermediate
Level
Micro Level
The Public
and other
species
International organizations
Legal, regulatory and tax framework and
policies, federal and provincial
government entities, municipalities
Knowledge, educational, capacity
building, information and advisory
services and providers
Businesses, entrepreneurs, financial
services and the institutions and markets
providing them
Uses and users
24. #6 Opportunity
Assessment of
Value in Waste
in Qatar and
Different
Countries
Examples:
Cradle-to-Cradle Value
Value in Separation of Product
from Use
Value in Capacity Utilization by
Sharing
Value in existing abandoned
material
Value in alternative energy
sources