In Waai Weekly Impact we bring you the good news. Each week we curate three stories about positive impact worth sharing. See how others from all around the world inspire to make a difference.

Renewables are becoming more affordable and accessible

Source: Fast Company

Renewables like solar and wind are quickly becoming more affordable and accessible. A 2020 analysis from BloombergNEF found that they have overtaken fossil fuels as the most cost-effective form of new sources of electricity in most of the world. This trend has made “energy leapfrogging” – i.e., the ability to reap a nation’s power needs from renewables at a rapid pace, bypassing heavy investments in fossil fuels and the infrastructure needed for them – ever more possible in emerging markets. a shift to renewable energy can increase energy accessibility and stability. It is also good for the economy, IRENA reported in 2016 that a doubling of renewables by 2030 could mean global GDP increases by over one percent, boosts social welfare investments by almost four percent and can add more than 24 million jobs.

Read full article

$75 million raised to make a more cheesy plant-based cheese

Source: Sustainable Brands

When Magi Richani began to shift to a plant-based diet five years ago, she faced a challenge common to people making a dietary move away from animal products: She didn’t want to give up cheese. Richani was so motivated to find a better plant-based cheese that she left her job as a project engineer at Shell to work on the problem. Her startup, Nobell Foods, has raised $100 million so far. For more than four years, the company has pioneered a new way to make dairy products from plants. “For me, what’s most important is to come up with food that doesn’t just taste great, but competes on cost. It has to be affordable,” Richani says.

Read full article

Calculating carbon offset

Source: Triple Pundit

All trees suck up CO2 as they grow. But the type of tree and where it’s planted make a difference in how much carbon it can capture—and when companies pay for carbon offsets in forests, they’re often based on generic estimates that may not quite represent what’s actually growing in an area. A new tool in development from IBM uses AI to precisely map specific trees and better understand their climate benefit. Using lidar to calculate the size and species of each tree gives a more exact picture of how much carbon each is sequestering.

Read full article

Like what you're reading? Stay in the loop and sign-up to our newsletter.

We send one out about once a month.