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The Economic Perspective 6 September 2024

Hello dear readers! Happy Friday! 


This week in the Economic Perspective, we are excited to announce that Valerie Seidel, the company's president, delivered two impactful keynote presentations at the 9th Asian Regional Conference on Irrigation & Drainage. In her first talk, she discussed the Value of Public Open Spaces, highlighting urban amenities' economic, social, and health benefits and emphasising the need for forward-thinking agricultural water use estimates over the next 20 years. She used an integrated model that combines economic and biophysical factors to support sustainable water management.


In her second presentation, Farming the Future, Valerie explored how urbanisation, climate change, and market fluctuations shape future agricultural irrigation demand. A case study from Hillsborough County illustrated how urban growth impacts agricultural land, offering data-driven insights for policymakers to plan for future shifts in land use and water needs.


This week’s featured articles spotlight innovative solutions to pressing environmental challenges, such as the launch of the Bioplastics Innovation Hub to cut down plastic waste, the global population’s slowing growth offering potential reduction in environmental pressure, community-led solar adoption accelerating the shift to renewable energy, and the urgent need to decarbonise buildings for climate mitigation. 


Hope you enjoy this week’s EP and have a lovely weekend.



Shima Madani

General Manager Australia 








 

The Latest Trending Economic News Curated for You by Balmoral Group Australia





CSIRO and Murdoch University launch Bioplastics Innovation Hub to end plastic waste

CSIRO, Australia’s national science agency, and Murdoch University have launched The Bioplastics Innovation Hub, an $8 million collaboration that will work with industry partners to develop a new generation of 100 per cent compostable plastic. Read more here.






Global population growth is now slowing rapidly. Will a falling population be better for the environment? 

Right now, human population growth is doing something long thought impossible – it’s wavering. It’s now possible global population could peak much earlier than expected, topping 10 billion in the 2060s. Then, it would begin to fall. Read more



Global population growth is now slowing rapidly. Will a falling population be better for the environment? 

Right now, human population growth is doing something long thought impossible – it’s wavering. It’s now possible global population could peak much earlier than expected, topping 10 billion in the 2060s. Then, it would begin to fall. Read more



How low can we go? To cut the carbon that goes into buildings to net zero, we need radical change 

Buildings are one of our biggest contributors to global heating. They produce 37% of all greenhouse gas emissions from energy use and production processes. Building emissions are made up of two parts: operational carbon (from energy used to heat, cool and power buildings) and embodied carbon (due to material use and construction). Read more.




 








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