Eco commerce is a business, investment, and technology-development model that employs
market-based solutions to balancing the world’s energy needs and environmental integrity. Through the use of
green trading and
green finance, eco-commerce promotes the further development of "
clean technologies" such as
wind power
Wind power or wind energy is mostly the use of wind turbines to generate electricity. Wind power is a popular, sustainable, renewable energy source that has a much smaller impact on the environment than burning fossil fuels. Historically, ...
,
solar power
Solar power is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power. Photovoltaic cells convert light into an electric current using the photovoltaic ...
,
biomass
Biomass is plant-based material used as a fuel for heat or electricity production. It can be in the form of wood, wood residues, energy crops, agricultural residues, and waste from industry, farms, and households. Some people use the terms bi ...
, and
hydropower
Hydropower (from el, ὕδωρ, "water"), also known as water power, is the use of falling or fast-running water to produce electricity or to power machines. This is achieved by converting the gravitational potential or kinetic energy of a ...
.
EcoCommerce is an integrated ecological-economical model that provides a means to account for and value land management activities that improves the condition of
natural capital
Natural capital is the world's stock of natural resources, which includes geology, soils, air, water and all living organisms. Some natural capital assets provide people with free goods and services, often called ecosystem services. All of t ...
and values the output of ecoservices. EcoCommerce is more comprehensive than a compilation or organization of ecosystems service markets as it provides the framework to build an ecological intelligence system that allows the public arena of commerce to define sustainability.
[Gieseke Tim 2011 EcoCommerce 101: Adding an ecological dimension to the economy; Bascom Hill Publishing.Mpls. http://www.ecocommerce101.com]
References
Gieseke, Tim 2011 EcoCommerce 101: Adding an ecological dimension to the economy. Bascom Hill Publishing Mpls www.ecocommerce101.com
Sustainable business
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