{"id":1565,"date":"2015-12-17T17:14:51","date_gmt":"2015-12-17T17:14:51","guid":{"rendered":"https:\/\/www.ecrowdinvest.com\/blog\/?p=1565"},"modified":"2015-12-17T17:16:52","modified_gmt":"2015-12-17T17:16:52","slug":"the-new-world-economy","status":"publish","type":"post","link":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/the-new-world-economy\/","title":{"rendered":"The New World Economy: 5 revolutions for a sustainable world."},"content":{"rendered":"<p><a href=\"https:\/\/d1jrzir44a083v.cloudfront.net\/blog\/wp-content\/uploads\/2015\/12\/New-World-3.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-1567\" src=\"https:\/\/d1jrzir44a083v.cloudfront.net\/blog\/wp-content\/uploads\/2015\/12\/New-World-3-1024x683.jpeg\" alt=\"collaborative and sustainable economy\" width=\"1024\" height=\"683\" srcset=\"https:\/\/d1jrzir44a083v.cloudfront.net\/blog\/wp-content\/uploads\/2015\/12\/New-World-3-1024x683.jpeg 1024w, https:\/\/d1jrzir44a083v.cloudfront.net\/blog\/wp-content\/uploads\/2015\/12\/New-World-3-300x200.jpeg 300w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><br \/>\nLast January, French Minister of Ecology, Sustainable Development and Energy, Segol\u00e8ne Royal, asked former European Deputy Corinne Lepage to deliver a report on \u00ab The New World Economy \u00bb.<\/p>\n<p>The 139-pages report, written with, amongst others, the help of world renowned economist <a href=\"http:\/\/www.foet.org\/\" target=\"_blank\">Jeremy Rifkin<\/a>, provides some fascinating insights into the challenges and opportunities facing the French economy in its globality to embrace and lead the way towards a \u201cNew World Economy\u201d. And many if not all of those insights can readily be applied to Europe in general and Spain in particular.<\/p>\n<p>The New World Economy refers to <strong>\u00ab an economy at the service of mankind, free of fossil and fissile energies, connected and relocated \u00bb<\/strong>; it refers to a world composed of a variety of actors, where civil, entrepreneurial and local achievements are proliferating, a world which takes into account social and environmental externalities and is willing to be a catalyst to the development of the Green Economy. <strong>In essence, the New World Economy fully embraces the principles of the sharing economy and the circular economy, whilst integrating and leveraging the digital revolution.<\/strong><\/p>\n<p>The report starts by covering the numerous successful initiatives which already permeate the French and European economies, and hence provide indications for the way forward:<\/p>\n<ul>\n<li>Entrepreneurial successes like <a href=\"https:\/\/www.blablacar.es\/\" target=\"_blank\">Blablacar<\/a>, which nowadays requires no introduction; <a href=\"http:\/\/www.boostheat.com\/\" target=\"_blank\">BoostHeat<\/a>, with its ground-breaking boiler that halves energy bills and the ecological footprint; <a href=\"https:\/\/laruchequiditoui.fr\/es\" target=\"_blank\">La Colmena que dice si<\/a>, which connects farmers to consumers directly through local, decentralised marketplaces; or <a href=\"http:\/\/www.albioma.com\/\" target=\"_blank\">Albioma<\/a> which produces electricity from thermal biomass, anaerobic digestion and solar power, and uses a circular economy model at its core! <a href=\"http:\/\/www.cleanmarine.no\/\" target=\"_blank\">Clean Marine<\/a>, a company which provides solutions to the maritime emission challenge, was recently recognised in the <a href=\"http:\/\/www2.deloitte.com\/global\/en\/pages\/technology-media-and-telecommunications\/articles\/technology-fast-500-emea.html\" target=\"_blank\">Deloitte Fast 500 ranking<\/a> as the 8th fastest growing company in europe with a growth rate of 7260% in the past 4 years!<\/li>\n<li>Territorial successes, with the remarkable example of Barcelona. The Fab City project in Barcelona plans to open several fab labs, at least one in every district, till 2020. The long term objective is to leverage the local ecosystem to <strong>create energy self sufficiency and be 50% autonomous for food and industrial production by 2030!<\/strong><\/li>\n<li>Initiatives driven by the civil society, such as <a href=\"http:\/\/ercisol.com\/\" target=\"_blank\">ERCISOL<\/a>, a cooperative set up to finance renewable energy projects; or the numerous examples found in Germany, where local citizens actively contribute to financing their energy production requirements; this results in <strong>50% of all renewable energy today being produced by the citizens and the local collectivities<\/strong>.<\/li>\n<\/ul>\n<p>There are however a large number of obstacles in the way towards the New world economy, which need to be addressed urgently. The report recommends a framework based on Jeremy Rifkin\u2019s thoughts as outlined in his bestselling book \u00ab <a href=\"http:\/\/www.thethirdindustrialrevolution.com\/\" target=\"_blank\">The Third Industrial Revolution : How Lateral Power is Transforming Energy, the Economy and the World.<\/a> \u00bb. The outcome is a series of 5 \u201crevolutions\u201d as follows:<\/p>\n<ol>\n<li>Set the economy at the service of mankind and the environment<\/li>\n<li><span style=\"line-height: 1.5;background-color: #ffffff\">Integrate externalities<\/span><\/li>\n<li><span style=\"line-height: 1.5;background-color: #ffffff\">Prioritise local actions and the civil society<\/span><\/li>\n<li><span style=\"line-height: 1.5;background-color: #ffffff\">Build a new entrepreneurial model<\/span><\/li>\n<li><span style=\"line-height: 1.5;background-color: #ffffff\">Give absolute priority, in the facts, to renewable energy<\/span><\/li>\n<\/ol>\n<p>One of the key actors in this transition to a new model is the financial world. <a href=\"http:\/\/www.climatefinanceday.com\/\" target=\"_blank\">The climate finance day<\/a> event which took place in May 2015 in Paris is emblematic of the <strong>key role global finance has to play towards the clean energy transition<\/strong>, and hence towards the \u201cnew world economy\u201d. One of the most promising solution in this regard is the very rapid development of new collaborative financing models such as <a href=\"https:\/\/www.ecrowdinvest.com\/que-es-el-crowdlending\" target=\"_blank\">crowdlending<\/a>. It should be of no surprise that this alternative finance model grew from $3 to $12 billion between 2011 and 2014 and is set to establish a new growth record in 2015.<\/p>\n<p>At <a href=\"http:\/\/www.ecrowdinvest.com\">ECrowd!<\/a> we are huge proponents of the \u201cNew World Economy\u201d vision and intend to continue playing a growing role towards its realisation. <strong>Our web based collaborative platform brings together individual investors to finance local or global initiatives contributing to the energy transition and a long term sustainable economy.<\/strong> It\u2019s the coming together of the sharing economy and digital revolution towards an economy which is fundamentally at the service of mankind and the environment. <strong>And we are making it happen today!<\/strong><\/p>\n<p>P.S: The new world economy report is available as a <a href=\"http:\/\/www.actu-environnement.com\/media\/pdf\/news-24737-rapport-economie-verte-Corinne-Lepage.pdf\" target=\"_blank\">free download here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last January, French Minister of Ecology, Sustainable Development and Energy, Segol\u00e8ne Royal, asked former European Deputy Corinne Lepage to deliver &#8230;<\/p>\n","protected":false},"author":11,"featured_media":1568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[397,363],"tags":[417,413,445],"nelio_content":{"isAutoShareEnabled":true,"autoShareEndMode":"never","automationSources":{"useCustomSentences":false,"customSentences":[]},"followers":[],"suggestedReferences":[],"efiUrl":"","efiAlt":"","highlights":[],"permalinkQueryArgs":[]},"_links":{"self":[{"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/posts\/1565"}],"collection":[{"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/comments?post=1565"}],"version-history":[{"count":2,"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/posts\/1565\/revisions"}],"predecessor-version":[{"id":1571,"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/posts\/1565\/revisions\/1571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/media\/1568"}],"wp:attachment":[{"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/media?parent=1565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/categories?post=1565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fotovoltaica.ecrowdinvest.com\/blog\/wp-json\/wp\/v2\/tags?post=1565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}