The circular economy: A €4.1 trillion opportunity?

The circular economy: A €4.1 trillion opportunity?

The ‘circular economy’ has become one of the most used phrases in business. It refers to all the work involved in recycling, reducing waste and creating new sustainable jobs. The World Economic Forum cites figures from the consultancy firm Accenture, which says the job of introducing such changes could represent a market worth €4.1 trillion between now and 2030. The International Labour Office estimates that transitioning to a circular economy could create six million jobs worldwide as companies get to grips with replacing traditional ways of making money by “extracting, making, using and disposing”. Circularity also brings with it the promise of efficiency. Accenture, predicts that car makers taking a circular approach to manufacturing could enjoy a 150% boost in profits. So does the reality justify the buzz? In this edition of The Exchange we talk to the people and players who believe the circular economy is a way to create sustainable growth and also generate profit. We speak to Nestle, the world’s biggest food and beverage company about how they are leading a worldwide transformation in recycling, sustainable job creation and waste reduction. In France, we visit what Renault claims is Europe’s first fully circular auto factory. And […]

AARP Georgia Announces Grant Opportunity for Quick-Action Community Improvement Projects

AARP Georgia Announces Grant Opportunity for Quick-Action Community Improvement Projects

We know that it takes time to build great communities. But we also believe that tangible improvements can spark long-term change. AARP launched the Community Challenge in 2017 to fund projects that build momentum to improve livability nationwide. We are excited to announce the program is back in 2023 for its seventh year and is currently accepting applications online through March 15, 2023 at 5:00 p.m. ET. The AARP Community Challenge’s focus on tangible projects, community engagement and its quick-action timeline helps selected grantees fast-track ideas and replicate promising practices. Previous projects have demonstrated an ability to garner additional funds or support from public and private funders, encourage innovation, overcome local policy barriers and receive greater overall awareness and engagement. The grant program is open to 501(c)(3), 501(c)(4) and 501(c)(6) nonprofits and government entities. Grants can range from several hundred dollars for small, short-term activities to several thousand or tens of thousands for larger projects. In 2023, the AARP Community Challenge is accepting applications across three different grant opportunities, two of which are new this year. Flagship Grants This is AARP’s traditional, flagship Community Challenge grant program where grants have ranged from several hundred dollars for smaller, short-term activities […]

The OZ Opportunity For RIAs And Other Financial Advisors, With Barrett Linburg

The OZ Opportunity For RIAs And Other Financial Advisors, With Barrett Linburg

RIAs and other financial advisors remain an elusive, relatively untapped source of equity for Opportunity Zone deals. Barrett Linburg, founder of Savoy Equity Partners, joins the show to discuss the opportunity for OZ developers and fund sponsors to tap into the RIA market, as well as the opportunity for RIAs to bolster their clients’ portfolios with Qualified Opportunity Fund holdings. Watch On YouTube Episode Highlights How RIAs and other financial advisors they think about OZs for their clients’ portfolios. Background on Savoy Equity Partners and how they have been able to successfully tap into the RIA market. How the Community Reinvestment Act can incentivize banks to act as another source of capital for Opportunity Zone deals. Examples of some Opportunity Zone deals that Savoy Equity Partners is working on. Barrett’s popular Twitter thread on successful Opportunity Zone projects that would not have been possible without the OZ legislation. Featured On This Episode Guest: Barrett Linburg, Savoy Equity Partners About The Opportunity Zones Podcast Hosted by OpportunityDb.com founder Jimmy Atkinson, The Opportunity Zones Podcast features guest interviews from fund managers, advisors, policymakers, tax professionals, and other foremost experts in opportunity zones. Listen Now Show Transcript Jimmy: Welcome to the “Opportunity […]

English Language Programs Funding Opportunity 2023

English Language Programs Funding Opportunity 2023

9 MINUTE READ The Public Diplomacy Section (PDS) of the U.S. Embassy in Belgrade announces an open competition for individuals and organizations from Serbia or the U.S. to submit applications for the English Language Small Grants Program . In order to submit your application please read detailed instructions: English Language Programs Notice of Funding Opportunity FY2023 . All necessary forms and documents are available for download on the grants programs page . Applications, inquiries and all other questions should be sent to BelgradeEL@state.gov. Applications deadline April 1, 2023. Please check for information on other PAS funding opportunities here . Program Objectives The U.S. Embassy recognizes that knowledge of the English language offers opportunities to improve job prospects for Serbia’s citizens, expand access to information and knowledge, and promote critical thinking and media literacy. Proposals should use English to address problems or challenges faced by your community, such as brain drain, limited job opportunities, or the spread of disinformation. Proposals may also utilize English as a bridge for increased communication and cooperation among neighbors within the Western Balkans, between citizens of Serbia and the United States, or between people from Serbia and EU member states. Grant activities may take any […]

U.S. investors see opportunity in global luxury stocks

U.S. investors see opportunity in global luxury stocks

Yahoo Finance’s Ines Ferré discusses $5 billion in outflows moving from U.S. equities to European and emerging markets and into luxury stocks, in particular. Video Transcript [AUDIO LOGO] Stay ahead of the market RACHELLE AKUFFO: All right, well, we’re starting this hour with our eye on equities, as 2023 shows a reversal in trends among investors who are now turning to non-US assets. That’s according to Goldman Sachs. We have Yahoo Finance’s Ines Ferré here with the details. And where investors are actually shifting regions that might want to keep an eye on. So Ines, what are we watching? INES FERRÉ: Yeah, Rachelle, well, Goldman Sachs analysts have been taking a look at outflows over the last several weeks. And in the first two weeks of January, they saw some $5 billion in outflows into stock funds in Europe– into Europe, into China, and other emerging markets. And that’s because of a weaker dollar. It’s also because of commodity prices that have been falling so that’s bullish for Europe, for example. And then over, of course, the optimism over the re-opening of China. And so for a while, investors were only looking at US assets and investing in US […]

Reminder: 2nd Round of Funding for 2022 Public Works Opportunity – Applications due February 28, 2023

Reminder: 2nd Round of Funding for 2022 Public Works Opportunity – Applications due February 28, 2023

The Nebraska Department of Economic Development (DED) previously announced that the 2022 Public Works Opportunity will have a 2 nd round of funding available under the Community Development Block Grant (CDBG) program. Applications can be submitted through the Department’s AmpliFund system. Applications are due no later than 11:59 pm on Tuesday, February 28, 2023. The purpose of the Public Works Opportunity is to provide for a broad range of activities investing in communities providing effective and affordable infrastructure and/or facilities that address strategic long-term developments. Every Nebraska county and Nebraska incorporated municipality (other than Omaha, Lincoln, Bellevue & Grand Island) is eligible to apply for funding. For a project to be considered for funding, all activities must meet either the National Objective of benefiting low to moderate income persons on an Area Basis (LMA) or low to moderate income clientele (LMC). The 2022 Public Works Opportunity provides funding for two application classifications, which are separate applications: (1) Public Facilities, which include parks, community centers, senior centers, fire stations, day care centers, neighborhood parks, tornado shelters, etc. and (2) Public Infrastructure, which includes streets, sidewalks, drainage systems, water systems, sanitary systems, and other public infrastructure. The maximum CDBG award for […]

Brazilian Companies See Opportunity in U.S. 'Friendshoring' Efforts

Brazilian Companies See Opportunity in U.S. ‘Friendshoring’ Efforts

SÃO PAULO–The U.S. says it intends to diversify its supply chain to reduce its reliance on China. Companies in Brazil say if the U.S. wants their help, it will need to make some changes. Representatives from companies and trade groups say measures, from high tariffs to stringent environmental regulations, present hurdles to selling more products to the U.S., which is looking to move away from countries that present geopolitical and security risks to its supply chain. U.S. Treasury Secretary Janet Yellen has called such an approach "friendshoring." Brazilian steelmakers have long wanted to increase exports to the U.S. but are held back by tariffs and quotas, according to Marco Polo de Mello Lopes, president of the Brazil Steel Institute, a group representing companies including Gerdau SA and Usiminas SA. "Brazil is a longtime supplier of strategic raw materials to the U.S., and we want to increase our exports," Mr. Lopes said. "If the U.S. really wants more sources for steel imports, the first thing they have to do is remove the barriers." The U.S. government placed import tariffs on certain steel products in 2018 and then granted Brazil an exemption for a set amount of the alloy. The quota […]

Funded PhD opportunity – Lithium extraction, University of Exeter, UK

Funded PhD opportunity – Lithium extraction, University of Exeter, UK

The town of Penryn in Cornwall, England. (source: Helen Orozco / flickr, Creative Commons) The University of Exeter in the UK is offering a funded PhD studentship for research on lithium extraction from geothermal fluids, mine water, and seawater. The University of Exeter in England, United Kingdom is offering a funded PhD studentship opportunity to work on research on the “Selective recovery of lithium ions from water using magnetic colloids.” Applications can be sent via the official University of Exeter website . The closing date for applications is on the midnight of 2 March 2022. The studentship will commence on 25 September 2023 and will be based in the Faculty of Environment, Science and Economy at the Penryn Campus in Cornwall. The program is for 3.5 years full-time or pro rata for part-time study. Lithium is widely regarded as a vitally important metal in the anticipate upscaling of battery technologies. However, the procurement of lithium remains a challenge associated with limiting the resultant environmental disturbance and carbon footprint of such activity. The proposed solution is to develop methods and technologies for the extraction of lithium from aqueous resources including geothermal water, mine water, and sea water. The development of […]

Twitter Blue for Business now allows companies to identify their employees

Twitter Blue for Business now allows companies to identify their employees

Twitter launched “Blue for Business” last week alongside relaunching Twitter Blue. At that time, the social network had assigned a gold checkmark to businesses. Now it’s offering some more details. With Blue for Business, Twitter is also providing an additional badge — refer to our checkmark and badges guide — that helps organizations identify brands and people associated with it. Twitter’s product manager Esther Crawford said the social media platform is launching a pilot program for Blue for Business with select businesses. The company plans to expand this to more organizations next year, Crawford said. Those with Blue for Business will also get a small badge next to their profile display name, establishing to others that they work with the said organization. For instance, you can see a square Twitter badge next to Crawford’s display name. We’re launching the pilot of Blue for Business so beginning today you’ll start seeing company badges on select profiles. We’ll soon be expanding the program and look forward to having more businesses added in the new year! https://t.co/ytnMRO5rcE — Esther Crawford (@esthercrawford) December 19, 2022 Brands, media houses and others now have a square profile picture, instead of the round one, making another […]

Microsoft cutting 10,000 workers as tech layoffs mount

Microsoft cutting 10,000 workers as tech layoffs mount

Microsoft’s purchase of Activision a ‘game of thrones’: Dan Ives 00:00 00:0001:20GO LIVE Facebook Twitter Email Embed SpeedNormal Autoplay Microsoft will cut 10,000 workers, the company confirmed on Wednesday. The move, which will take place at the end of the third quarter, is "in response to macroeconomic conditions and changing customer priorities," according to a filing with the Securities and Exchange Commission. Ticker Security Last Change Change % MSFT MICROSOFT CORP. 240.35 +1.12 +0.47% Powered By Additionally, the tech giant will make "changes to our hardware portfolio, and lease consolidation to create higher density across our workspaces. Collectively these actions will result in a charge of $1.2 billion in the second quarter of our 2023 fiscal year, representing a $0.12 negative impact to diluted earnings per share." Microsoft Timeframe . Reports of the layoffs were reported by multiple news outlets on Tuesday. Shares of Microsoft have fallen over 20% during the past 12 months. In its latest annual report, the tech company said its total full-time headcount at the end of June was 221,000. Of those jobs, 122,000 were located in the U.S. Microsoft logo is seen in Los Angeles, Calif., Nov. 7, 2017. Microsoft laid off workers in […]