Pierre’s logs

levers for change + all things sustainable 
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September 24, 2009

So at Least Pierre Omidyar Is Trying to Change the World

Omidyar’s $30 million investment is a step in between. These will be investments, loans and sometimes grants for entrepreneurs looking to build high-growth, high-impact ventures that can have an out-sized affect on the poverty stricken region where some 10 million people live on $2 or $3 a day.
[...]
The reality is the world’s economic growth is no longer happening in the U.S.. It’s happening in India, China, Africa, Russia, Indonesia, Brazil and a host of other smaller countries. There is innovation and entrepreneurship already there. Billion dollar companies will be formed. The question is, does America and the Valley want to play a role in that?
via techcrunch.com

 

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Filed under  //   Africa   brazil   change   China   growth   india   Indonesia   investment   Pierre Omidyar   Russia   ventures  

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March 28, 2009

FT.com / Comment / Opinion - Obama’s chance to lead the green recovery

The economic crisis will leave the US and other economies greatly weakened and it will be imperative to increase efficiency. One area in which there is ample room for improvement is in the energy efficiency of businesses, consumers and the government.

According to a recent paper by the Peterson Institute, spending $10bn (€7.9bn, £7.1bn) to insulate US homes and federal buildings could create and sustain up to 100,000 jobs between 2009 and 2011, while saving the economy from $1.4bn to $3.1bn a year between 2012 and 2020.

This type of investment and those in green technology and infrastructure would not only provide a short-term stimulus but also improve the US competitive position. As the world moves to a low-carbon economy, there will be a competitive advantage for those who embrace these technologies.

via ft.com

By Joseph Stiglitz and Nicholas Stern
Published: March 2 2009 19:16 | Last updated: March 2 2009 19:16

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Filed under  //   crisis   economy   investment   joseph stiglitz   low-carbon   nicholas stern   obama   technology   united states  

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