Vikas Vij

Vikas Vij
Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.

Posts by This Writer

1 day 18 hours ago

(3BL Media/Justmeans) – Very large investments in renewable energy are needed as the U.S. progresses on the path of reducing dependence on fossil fuels. According to the EPA, electric utilities face cuts of 30 percent on carbon dioxide emissions by 2030 compared with 2005. On the other hand, costs continue to fall in wind and solar power generation, making them increasingly attractive energy investments.

At the recent annual convention of the Edison Electric Institute in Las Vegas, billionaire investor Warren Buffett announced that he wants to double the $15 billion that his company Berkshire Hathaway has invested so far in green energy. Berkshire has...


3 days 7 hours ago

(3BL Media/Justmeans) – In Asia, a number of leading companies have embraced environmentally sustainable business practices, but many more still need to catch up. The governments in Asia can play a key role by implementing strong policies that address the systemic under-pricing of fossil fuels and water, incentivize green innovations, and engage civil society. Long-term business success needs a social license to operate, and companies worldwide must recognize this reality.

Veteran journalist and Asia Business Council’s executive director Mark Clifford has written a new book, The Greening of Asia: The Business Case for Solving Asia’s Environmental...


4 days 6 hours ago

(3BL Media/Justmeans) – In 2014, wind turbines accounted for 45 percent of new power production in the U.S., while solar made up more than a third of the world’s fresh energy capacity. However, an expensive hurdle that continues is how to store this energy when the breeze is not blowing or the sun is not shining.With more than $5 billion invested in cutting-edge battery technologies over the past decade, this situation is set to change.

Innovative battery makers are convinced that new batteries can hold enough clean energy to run a car, home, or building, and store power from wind or solar farms. Sustainable batteries can replace generators in dirty electricity grids and cut down the need...


4 days 6 hours ago

(3BL Media/Justmeans) – In 2014, wind turbines accounted for 45 percent of new power production in the U.S., while solar made up more than a third of the world’s fresh energy capacity. However, an expensive hurdle that continues is how to store this energy when the breeze is not blowing or the sun is not shining.With more than $5 billion invested in cutting-edge battery technologies over the past decade, this situation is set to change.

Innovative battery makers are convinced that new batteries can hold enough clean energy to run a car, home, or building, and store power from wind or solar farms. Sustainable batteries can replace generators in dirty electricity grids and cut down the need...


5 days 20 hours ago

(3BL Media/Justmeans) – Financial literacy is not only the key to a nation’s economic progress, but also serves as a crucial tool in the battle against economic inequality. The IMF chief, Christine Lagarde, has said that financial inclusion can be a powerful agent for growth for over 2.5 billion people around the world who lack access to basic financial services.

A recent study by the Organization for Economic Cooperation and Development (OECD) showed that American teenagers achieved mediocre scores in financial literacy compared to other countries. In case of American adults, only 14 percent answered five out of five questions correctly on a 2012...


1 week 1 day ago

(3BL Media/Justmeans) – According to the World Travel and Tourism Council (WTTC), the hospitality industry is one of the key drivers of global economic growth, providing nearly 255 million jobs in 2011. However, the industry also makes a significant impact on the environment through large consumption of energy and water, use of consumable products, and waste generation. As tourists become increasingly conscious about social and environmental impacts, hotel companies are looking to gain competitive advantage through robust implementation of corporate responsibility (CR) programs. 

InterContinental Hotels Group (IHG) is an industry leader that has made...


1 week 2 days ago

(3BL Media/Justmeans) – While globally toy sales are on the rise due to burgeoning demand from middle class consumers in China, India and other economies, American sales are expected to grow only marginally from $22.6 billion in 2014 to $23.9 billion in 2018, according to Forrester Research. In this scenario, U.S. toy manufacturers are looking to expand the market with a focus on the environmentally-conscious consumer segment.

Global toy companies such as Mattel, Hasbro and Lego control about 40 percent of the U.S. toy market, but there is a newly emerging niche of smaller companies that sell educational or environmentally friendly toys. These companies are attracting investments from...


1 week 4 days ago

(3BL Media/Justmeans) – In a hyper-competitive global economy, sustainable job opportunities and career growth are assured only to those who possess highly competent technical and entrepreneurial skills. For countries to build or maintain robust economic growth rates, they must respond to the challenges posed by the rise of knowledge and innovation-driven economies.

Accenture has announced that one of its key 2020 goals will be to equip more than three million people with the skills to get a job or build a business by the end of fiscal 2020. Accenture aims to accomplish this goal together with its...


1 week 5 days ago

(3BL Media/Justmeans) – A growing number of economists are of the opinion that America’s widening gap between the rich and the poor is unjust and deeply worrying. Yale Professor Robert Shiller said after receiving the Nobel Prize for Economics in 2013 that the rising inequality in the U.S. is the most important problem it faces today. A 2014 report by Standard and Poor’s concluded that income disparity has slowed the economic recovery and could contribute to future financial upheavals as more Americans pile up debt.

Last year, billionaire Paul Tudor Jones, who founded the Tudor Investment Corporation hedge fund worth $13.5 billion, established a unique...


1 week 6 days ago

(3BL Media/Justmeans) – From an environmental perspective, it is far more beneficial to extend the life of an old computer rather than recycle it. Re-use on a wide scale can help reduce the world’s growing e-waste stream. The demand for used computers is substantial, particularly in the emerging markets and among budget-constrained public institutions such as schools and libraries.

In a concerted effort to bolster the market for used computers, Sustainable Electronics Recycling International (SERI) is partnering with Microsoft and Chicago-based firm PC Rebuilders and Recyclers to improve incentives for both buyers and sellers of refurbished computers....


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