International Economics: IB Economics
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International Economics: IB Economics
A collection of articles relating to the 'international' elements of Economics and relating to IB, Pre-U and A-Level Economics.
Curated by Graham Watson
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EU moves to cut dependency on China for battery and solar panel materials | European Union | The Guardian

EU moves to cut dependency on China for battery and solar panel materials | European Union | The Guardian | International Economics: IB Economics | Scoop.it
Parliament votes to cut mining red tape and diversify its supplies of raw materials such as lithium and silicon
Graham Watson's insight:

The EU is looking to diversify its supply chains, making them less China-dependent by aiming to ensure that by 2030 is isn't reliant on any one country for more than 65% of any strategic raw material, such as nickel or lithium. 

 

Additionally, there are also targets to increase the extraction, processing and recycling five critical minerals, although environmentalists fear that this might see a relaxation of environmental protections on mining, especially in countries such as Finland. 

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Young Kenyan Woman is Transforming Waste into Sustainable and Affordable Building Materials

Kenya’s capital, Nairobi, generates 2,400 tons of solid waste daily, 20.0% of which is plastics. Nzambi Matee, 29, is one of the change agents who are driving Nairobi’s—and Kenya’s— ability to realize the waste recovery target.

 

She is the founder of Gjenge Makers Ltd., a social enterprise which uses plastics to develop alternative and more affordable building materials. At the heart of the company’s mission is helping Nairobi, Kenya become a more sustainable city. 

Graham Watson's insight:

The ingenuity of people is seemingly limitless - and this is a case in point. A young Kenyan entrepreneur, Nzambi Matee is making affordable building materials out of recycled plastics. 

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South African community that's recycling to survive

A struggling South African community, struggling under the economic impact of COVID-19, has turned to recycling as a way to put food on the table and clean up their neighborhood.

Graham Watson's insight:

This Reuters clip highlights the fact that the coronavirus pandemic has had dramatic effects upon living standards in South Africa. This initiative is hoping to go some way towards offsetting this and, at the same time, empowers people to improve their own lifestyles. 

 

Local residents are trying to ensure higher levels of recycling and in doing so, they are tackling negative externalities and also providing their own families with food.

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This Kenyan company makes fuel from human poo | Pioneers for Our Planet 

Sanivation, a company based in Kenya, are making fuel out of human faeces. When combined with sawdust and rose waste, the faecal sludge is transformed into sustainable coal briquettes which burn for longer and emit just a third of the emissions of regular coal.
Graham Watson's insight:

What's not to like about this World Economic Forum clip? R

 

Recycling of the first order, the circular economy, environmentally-friendly, health enhancing, and developmentally beneficial. A Kenyan firm is producing fuel out of faeces and, I suspect, other firms in other countries will be attempting to copy this innovation.

 

 

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