The business of the environment

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1 26/06/2015 The business of the environment Prof. Simon Pollard, Pro-Vice-Chancellor The Foundation for Science and Technology, 24th June 2015 Strategies for resolving the tension between resource extraction and environmental protection The green economy - reframing the environmental sciences A circular economy, restorative by intent New skills in systemic risk, resilience and interpreting signals from big data 1

2 Reframing the environmental sciences jobs, growth, export, scale-up, skills Issues for the firm and governments how we do business in the 21 st century governance Beyond compliance, self-regulation Global and sustainable value chains Risk, resilience and adaptation Single-issue advocates and social media Self reliance insurance, capital, energy Ethical standards and the well-being agenda Technology, innovation and futures Resource efficiency, material criticality, circularity Sustainability leadership 2

3 Level of organisation (thermodynamic state) discernment? discretion? demand? raw materials total dispersal dispose design? desire? finished products primary components TREAT REDUCE use driven? waste products REUSE scrap RECYCLE determined? RECOVER MATERIAL/ENERGY trust and confidence Energy investment (after Devins,1982) The big data opportunity systemic risk, resilience and interpreting signals from big data Complex, interdependent & rapidly changing risks Incidence of complex, uncertain events Systemic risk 2015 Sendai framework for disaster risk reduction 3

4 A generation of resilience officers Big data science and risk analytics Models & simulation Sensored systems Observations Crowdsourcing Distributed databases Management Catalogues Flooding Tsunami Drought Risk and Mitigation Heat Cat Models Uncertainty Extended Time series Risk Analytics Optimisation Earth observation GNSS Archives Landslides Visualisation Cloud GPUs Hadoop Technology GRID CAVE/VR Super Computing A generation of resilience officers Big data science and risk analytics Models & simulation Sensored systems Observations Crowdsourcing Distributed databases Management Catalogues Flooding Tsunami Drought Risk and Mitigation Heat Cat Models Uncertainty Extended Time series Risk Analytics Optimisation Earth observation GNSS Archives Landslides Visualisation Cloud GPUs Hadoop Technology GRID CAVE/VR Super Computing 4

5 Summary Trends in resource extraction with growth Decouple growth from impact Reframing of conventional disciplines UK market strength & government focus Circular economy, an integrator of environmental and industrial systems New skills and opportunities for next generation and enlightened business Bibliography Accenture strategy Circular advantage.innovative business models and technologies to create value in a world without limits to growth. Accenture, London. Devins, D.W Energy; its physical impact on the environment. John Wiley and Sons, Chichester. DREAM CDT, DREAM. Anew centre for Doctoral training, Ellen MacArthur Foundation, Towards the circular economy: economic and business rationale for an accelerated transition. Ellen MacArthur Foundation, Isle of Wight. NERC, The business of the environment. Our strategic direction. NERC, Swindon NERC & LWEC, Most wanted II. Postgraduate and professional skills needsin the environment sector, NERC, Swindon. OECD. Green growth papers. Material resources, productivity and the environment. Key findings, OECD, Paris, Royal Society, People and the planet, The Royal Society, London RSA, Investigating the role of design in the circular economy. Executive summary, London. Tamanini, J., The global green economy index, 4 th edition, Dual Citizen LLC, World Bank, World development report Risk and opportunity. Managing risk for development, World Bank, Washington DC. 5

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