Massive Growth Predicted for “Nature-Positive” Business Sectors by 2030

Massive Growth Predicted for "Nature-Positive" Business Sectors by 2030

A new study from the World Economic Forum has founded that sustainable “nature-positive” business solutions have the potential to create 395 million new jobs by 2030. 
The Report 
The Future of Nature and Business Report says that businesses that focus on nature-positive, sustainable solutions are looking at an opportunity worth $10.1 trillion. A nature-positive solution is one that adds value to nature. 
The report points to a number of cases in which businesses have pursued nature-positive outcomes and achieved success. For example, smart farming in Indonesia makes use of sensors and satellite imagery to improve crop yields | Learn more on Commonshare | on average by 60%. 
China’s Suzhou Industrial Park has pursued green development, producing a 260-fold increase in GDP. And in Vietnam, coastal communities have restored critical mangrove habitat – and seen their incomes more than double. 
As Akanksha Khatri, Head of the Nature Action Agenda, explains, “We can address the looming bio-diversity crisis and reset the economy in a way that creates and protects millions of jobs.”
The Recommendations 
The report was written in collaboration with an organization called AlphaBeta, and segments actions into three areas in which change can be scaled. 
Food, Land, And Ocean Use
The report points out that the world food supply accounts for about $10 trillion and employs up to 40% of the global workforce. Here, the report says nature-positive | Learn more on Commonshare | solutions can create 191 million new jobs and $3.6 trillion of additional revenue or cost savings by 2030. 
Diversify Diet 
One example of a nature-positive solution is diversification of diet, reducing meat consumption and increasing vegetable and fruit consumption. Animal products provide 18% of calories but account for 80% of farmland, so even a modest amount of dietary diversification could make a substantial impact. Diversification of diet could create $310 billion in business opportunities annually by 2030. 
Precision Agriculture 
Investing in technological improvements, particularly precision-agriculture technologies, could also make a significant impact. These technologies are expected to produce 40% improvements in yields, and investment returns over 10%. 
Reducing Textile Use
Reducing textile use | Learn more on Commonshare | through refurbishing and recycling cloths | Learn more on Commonshare | could lead to $130 billion in savings and prevent 148 million tons of textile waste by 2030. 
Sustainable Management Of Fisheries
Sustainable management of fisheries is another proposed improvement. At present, it takes five times the effort to catch the same amount of fish as it did in 1950. Carrying on will cost the industry $83 billion, and boats will have to travel further and fish deeper. Sustainable ecosystem management, on the other hand, is one way to tap into a $40 billion opportunity for the maritime industry worldwide. 
Infrastructure And The Built Environment
About 40% of global GDP comes from the built environment – office buildings, homes, and transport. Here, nature-positive solutions can create 117 million new jobs and $3 trillion in additional revenue or cost savings by 2030. 
Smart Buildings 
By retrofitting systems and installing more efficient technology, builders and owners can save $825 billion by 2030. Switching to LEDs and substituting natural light could save $650 billion by 2030. Green roofs have the potential to save on energy costs, mitigate flood risk, reduce air pollution, and produce food. 
This market is expected to grow 12% annually, reaching $15 billion by 2030. 
Smart Sensors
Reducing municipal water leakage has the potential to save $115 billion by 2030. Returning on investments in water efficiency can be above 20%. 
Waste management
The global waste management market is facing $305 billion in additional revenue opportunities, and it could double in 10 years if the correct investments are made in South Africa, sub-Saharan Africa, and East Asia. 
Energy And Extractives 
Energy and extractives, between them, account for almost a quarter of global GDP and 16% of global employment. Energy demand is growing, and that means there is an opportunity to create 87 million jobs and $3.5 trillion in business opportunities by 2030. 
Mining and Resource Extraction
By improving resource recovery in extraction, it will be possible to save $225 billion and reduce water usage by 75% in the next decade. With new technologies and mechanization, it will be possible to enhance material recovery rates by up to 50%. 
Circular Models In The Automotive Sector
Refurbishing and reusing certain automotive parts, such as transmissions, will retain more value and use less energy than recycling. A value of $870 billion can be saved by recovering manufacturing costs. 
Renewable sources are expected to provide opportunities of $650 billion and investment returns greater than 10%. Stimulus packages for solar and other commercialized renewables can generate millions of jobs. 
Doubling Down On Revenue Streams
Renewable energy projects currently account for three to twelve times the land area of coal. But that could change, as some companies are developing photovoltaic power stations that can be combined with animal husbandry and ecotourism.  

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