Kilogreen

Does the economy show a Green Light welcome to the Green Initiatives? Green bonds, which are meant to fund sustainable projects, have catalyzed the transition to renewable energy, climate resilience and sustainable infrastructure. Yet, recent setbacks, such as the unsuccessful effort of India's green bond issuance, have highlighted the challenges that sustainable finance faces. The question of how welcoming the economy is, is a matter of hot discussion. What is Green bonds and the Red tapes on it ? Green bonds are fixed-income financial instrument intended to raise capital for sustainable projects. Over the past decade, they have gained momentum with global issuance reaching record levels, in an effort to raise fund and positively impact environment. However, the push and rapid growth has also exposed flaws in the system. There are instances which rises the question of green credentials of certain bonds which cast doubts on the sustainable intentions! These challenges underline the...

 Sports hold immense power to influence, inspire, and mobilise people worldwide. With billions of fans, sports organisations are uniquely positioned to address one of humanity’s most pressing challenges: climate change. The UN Sports for Climate Action Framework, launched by the United Nations Framework Convention on Climate Change (UNFCCC), aims to unite the global sports community to combat climate change and leverage its influence to promote sustainable practices. The Framework for Climate Action The Sports for Climate Action initiative seeks to align the sports sector with the goals of the Paris Agreement, working towards a low-carbon future. It sets out five principles for signatories, ranging from promoting environmental responsibility to advocating for climate action. 1. Promote Greater Environmental Responsibility: Encourage sustainable operations and reduce ecological footprints. 2. Reduce Overall Climate Impact: Focus on energy efficiency, renewable energy, and wa...

     In today's fast-paced world, plastic money—commonly used through debit and credit cards—has transformed the way we shop, pay bills, and manage finances. While the convenience and economic growth driven by credit cards is undeniable, there's an environmental cost hiding behind that little piece of plastic in your wallet. The Credit Card Boom and Its Environmental Fallout The sheer volume of credit cards in circulation is staggering. Two years ago, American Express alone had issued over 130 million cards , and by 2023, the global number of credit cards had surpassed 2.5 billion . Post-COVID, credit card usage has exploded, especially in countries like the U.S. and China, and even in developing nations such as India . With the average lifespan of a credit card around five years and many users owning more than one card , this trend shows no sign of slowing down. Unfortunately, the convenience of credit cards comes at a significant environmental price. Most cards are made...

     Imagine signing up for a credit card and, instead of the typical plastic perks, you receive a Money Plant as a welcome gift. Intrigued? You should be! This is just one of the exciting possibilities in the evolving world of Sustainable Green Credit Cards , where financial responsibility meets environmental stewardship. These cards are part of a larger movement toward sustainable finance —designed to encourage responsible spending while also contributing to the preservation of our planet. With more banks across the globe offering green credit cards, these eco-friendly alternatives are gaining traction among environmentally conscious consumers. Let’s explore the top 10 creative ideas for Sustainable Green Credit Cards that are making waves and transforming how we think about credit. 1. A Money Plant as a Welcome Gift 🌱 Forget about flashy gadgets and points. How about receiving a Money Plant as your joining bonus? It’s a perfect metaphor: nurture the plant as you nu...

When it comes to sustainable energy sources, harnessing the power of water through dams often tops the list. But while dams offer a range of benefits, including flood risk mitigation and enhanced agricultural productivity, they also spark debate. Let’s dive into five intriguing facts about dams and their role in sustainability. 1. Dams and the UN’s Sustainable Development Goals The United Nations has outlined 17 Sustainable Development Goals (SDGs), with Goal 6 focusing on "Clean Water and Sanitation for All." Dams play a crucial role in achieving SDG 6 by storing up to 50% of the water needed for irrigation. This ability to manage water resources efficiently makes dams a vital component in the quest for sustainable water management. Impressive, isn’t it? The dam truly is a powerhouse of sustainability! 2. The Density of Dams: Asia Leads the Way As of 2023, Asia stands out with the highest number of completed dam projects—around 10,000 in total. With an installed capacity of ...

The proliferation of credit cards worldwide is staggering. As of June 2018, there were a whopping 7.753 billion credit cards globally. In the U.S alone, 72.5% of adults, totaling 187.3 million individuals, possessed at least one credit card by 2020. The trend is mirrored in India, a country experiencing exponential growth in credit card holders, with approximately 100 million cards in circulation, witnessing a 16% surge in recent years. However, this surge in credit card usage comes with environmental repercussions, particularly concerning the materials used in their production. Conventional credit cards are predominantly crafted from polyvinyl chloride (PVC), a material notorious for its adverse environmental impact. PVC not only contributes to the global plastic waste crisis but also poses significant challenges in disposal, often ending up in landfills or incinerators. Recognizing the urgency of addressing this environmental concern, several financial institutions have initiated gre...

  In a world increasingly conscious of its environmental impact, the spotlight is turning towards sustainable alternatives that not only meet our needs but also nurture the planet. Bamboo, hailed as the world's fastest-growing plant, takes center stage as a beacon of sustainability. In this blog post, we'll explore the remarkable aspects of bamboo, focusing on the eco-friendly IKEA Sustainable Bamboo Wooden Bowl - a product that embodies the principles of responsible resourcing and sustainable living. The Bamboo Advantage: Bamboo's Astonishing Growth: Bamboo, with its rapid growth, shoots out of the ground at an astonishing four centimeters per second. Certain bamboo species can grow an incredible 91 centimeters (about 35 inches) in a single day. This unparalleled growth rate positions bamboo as a remarkable, naturally replenishing resource. Sustainability in Every Shoot: Bamboo is not just a fast grower; it's a sustainable, highly renewable material, making it an ide...