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Since the 1970's, humankind has been running an ecological deficit in terms of its impact on the environment. Today, the global economy uses the equivalent of 1.7 planets to produce global output and absorb waste. Large-scale environmental damages include biodiversity loss, land degradation, depletion of stocks of finite resources, and climate change. The environment damage caused could become irreversible or even reach tipping points where self-reinforcing feedback loops produce above-proportionate effects. Waste, pollution and environmental degradation due to resource extraction and production are negative externalities – the external cost are passed on to society and future generations, there is an incentive to extract and produce more than is socially and environmentally optimal.
Positive externalities are the other side of the coin. These include production choices that have a positive effect on an unrelated third party or society. There is a disincentive to make investments of this kind. Public goods are non-rivalry and non-exclusive in the sense that the enjoyment of a clean environment by one person does not happen from enjoying.
@ Microwave Solutions GmbH we refute the assumption that excessive negative externalities and the under provision of this critical public good are unavoidable and that the shared use of natural resources is bound to lead to a “tragedy of the commons“. We believe that self-organised sustainable collective action is possible as a mode of governance besides the state and the market, that self-organised sustainable collective is required to lead change at the pace and scale we need, that self-organised sustainable collective action as the basis for a climate-smart and just transformation is a question of solution design.
Our solution design? Cost-efficient at all scales without requiring green price premiums – making the production and use of secondary raw materials attractive. A modular and mobile design, allowing local and supply chain specific collaborative approaches. Feedstock and product agnostic – enabling shared infrastructure models and adaptation. Equipment supply versus a service provision – allowing collaboration across all value chains, industries, and communities, integration into/ upgrades of already existing infrastructure as well as scale and pace. Electrified and emission-free, solving a problem versus reallocating it.
Microwave Solutions GmbH with it's AI-powered and microwave assisted molecular recycling solution has been nominated for the Public Value Award. The Public Value Award recognizes public value-oriented start-ups that create a benefit for society with their offers and services and thus make a measurable contribution to the common good. More information on how we are creating public value and your much appreciated support voting for our cause in the comments 👇.
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