Tag: innovation
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Business transformation
Business transformation Business transformation refers to a comprehensive, strategic change in an organization’s processes, structures, technology, and/or culture to improve performance, adapt to market demands, and achieve sustainable growth. It typically involves revisiting business models and operations to boost efficiency, enhance customer satisfaction, drive innovation, or address challenges like digitalization or competition. This transformation may…
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Sustainable technology
Sustainable technology Sustainable technology refers to innovations and systems designed to minimize environmental impact, conserve resources, and promote long-term ecological balance. These technologies focus on reducing carbon emissions, energy consumption, and waste while enhancing efficiency and promoting the use of renewable resources. Sustainable technology aims to address environmental challenges and contribute to a more sustainable…
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Renewable energy investing
Renewable energy investing Renewable energy investing refers to the practice of investing in energy sources and technologies that are renewable, eco-friendly, and capable of meeting current energy demands without depleting resources for future generations. This includes investments in renewable energy, such as wind, solar, and hydroelectric power, as well as innovations in energy efficiency. Investors…
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Carbon pricing
Carbon pricing Carbon pricing is an instrument that captures the external costs of greenhouse gas (GHG) emissions—the costs of emissions that the public pays for, such as damage to crops, health care costs from heat waves and droughts, and loss of property from flooding and sea level rise—and ties them to their sources through a…
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Carbon capture and storage
Carbon capture and storage Carbon capture and storage (CCS) is a combination of technologies designed to prevent the release of CO2 generated through conventional power generation and industrial production processes. The technologies employed by CCS, such as absorption, chemical looping, and membrane gas separation, work to capture and store CO2 emissions in underground storage sites…
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European Green Deal
European Green Deal The European Green Deal, approved in 2020, is a set of policy initiatives by the European Commission with the overarching aim of making the European Union (EU) climate-neutral in 2050. The plan is to review each existing law on its climate merits, and also introduce new legislation on the circular economy (CE), building renovation, biodiversity, farming and innovation. The overarching aim of…
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Small and medium-sized enterprises (SMEs)
Small and medium-sized enterprises (SMEs) – Europe Small and Medium-sized Enterprises (SMEs) refer to businesses whose size falls below certain thresholds in terms of employees, revenue, or assets, which vary by country or industry. SMEs are typically defined by: SMEs play a crucial role in economies by driving innovation, creating jobs, and contributing to economic…