Eco commerce is a business, investment, and technology-development model that employs
market-based
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers are ...
solutions to balancing the world’s energy needs and environmental integrity. Through the use of
green trading
Green trading encompasses all forms of environmental financial trading, including carbon dioxide, sulfur dioxide (acid rain), nitrogen oxide (ozone), renewable energy credits, and energy efficiency (negawatts). All these emerging and established en ...
and
green finance Sustainable finance is the set of financial regulations, standards, norms and products that pursue an environmental objective. It allows the financial system to connect with the economy and its populations by financing its agents while maintaining a ...
, eco-commerce promotes the further development of "
clean technologies
Clean technology, in short cleantech, is any process, product, or service that reduces negative environmental impacts through significant energy efficiency improvements, the sustainable use of resources, or environmental protection activities. Cle ...
" such as
wind power
Wind power or wind energy is mostly the use of wind turbines to electricity generation, generate electricity. Wind power is a popular, sustainable energy, sustainable, renewable energy source that has a much smaller Environmental impact of wi ...
,
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 e ...
,
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 Electricity generation, produce electricity or to power machines. This is achieved by energy transformation, converting the Pot ...
.
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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