Future way of Reforestation & Climate change: A Drone which can plant 100k trees in a hour
While the traditional uses of drones are typically commercial or recreational, one UK-based company is using them to help the environment. BioCarbon Engineering has teamed up with drone manufacturer Parrot to create a system for autonomously planting trees to fight deforestation.According to the World Economic Forum, the world cuts down roughly 15 billion trees but only plants 9 billion. This is in part because replanting manually is very slow and expensive. The drone-based system on the other hand is able to plant trees ten times faster than humans, for 85% less money, and in places humans can't reach.
Investors now driving action on climate change
EY Australia conducted an investor survey to check how the risk of climate change to a prospective investment affects investment decisions. 8% of investors said it would rule out an investment in 2017 and the response jumped to 48% in 2018! The result shows that pressure from investors is making a big difference in company plans to deal with the issue.This trend was discussed at the Next Circle briefing in Sydney this week by Mathew Nelson, Global Climate Change and Sustainability Services Lead, EY.