Post by account_disabled on Dec 27, 2023 5:02:58 GMT -5
Mr. Kelvin Lee holds the position of Head of Southeast Asia - Ripple and is based in Singapore. He is responsible for overall expansion of Ripple's business across the region. He has led Ripple's customer base by leveraging his wealth of experience working in the financial and banking sectors. On the occasion that World Environment Day (World Environment Day) is coming around this year. This is also an important year of the 50th anniversary of the establishment of Earth Day. Therefore, it is a great opportunity to explore how our daily lives can help preserve the planet sustainably.
True or not? And although it doesn't sound C Level Executive List as frightening as a crack or melting of the polar ice caps, But the production of banknotes and coins in each currency has an alarming impact on our planet's environment. from paper banknotes to plastic credit cards to crypto money Let's take a brief look. that the acquisition of various currencies How much impact does that have on our world and sustainability? How sustainable are banknotes? As the old proverb says, “Money doesn't grow on trees” is true. However, paper banknotes are a direct product of trees. From data from the World Wildlife Fund Factories around the world produce 400 million tons of paper each year. And some of this paper is used to print banknotes, which contributes to deforestation around the world.
It is estimated that deforestation is responsible for approximately 12% of total greenhouse gas emissions. The process of printing paper banknotes has a huge environmental impact. And it doesn't stop at the printery. Banknotes are not durable. Especially when exposed to weather conditions, it is easily damaged and must be removed from the circulation system. In fact, it is estimated that the average lifespan of a 5 dollar bill is only 16 months. Many countries have switched to making banknotes using a blend of fibers from recycled, low-quality cotton, linen and paper scraps. This reduces materials in the banknote production process and the paper itself is easily recycled. In addition, you also have to consider the factor of using paper banknotes, which creates another environmental problem.
True or not? And although it doesn't sound C Level Executive List as frightening as a crack or melting of the polar ice caps, But the production of banknotes and coins in each currency has an alarming impact on our planet's environment. from paper banknotes to plastic credit cards to crypto money Let's take a brief look. that the acquisition of various currencies How much impact does that have on our world and sustainability? How sustainable are banknotes? As the old proverb says, “Money doesn't grow on trees” is true. However, paper banknotes are a direct product of trees. From data from the World Wildlife Fund Factories around the world produce 400 million tons of paper each year. And some of this paper is used to print banknotes, which contributes to deforestation around the world.
It is estimated that deforestation is responsible for approximately 12% of total greenhouse gas emissions. The process of printing paper banknotes has a huge environmental impact. And it doesn't stop at the printery. Banknotes are not durable. Especially when exposed to weather conditions, it is easily damaged and must be removed from the circulation system. In fact, it is estimated that the average lifespan of a 5 dollar bill is only 16 months. Many countries have switched to making banknotes using a blend of fibers from recycled, low-quality cotton, linen and paper scraps. This reduces materials in the banknote production process and the paper itself is easily recycled. In addition, you also have to consider the factor of using paper banknotes, which creates another environmental problem.