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 1 hour ago

(3BL Media/Justmeans) – Small and medium-sized enterprises (SMEs) are a major driver of economic development and job creation, particularly in the developing countries. In comparison to other business sectors, jobs in the clean technology sector are relatively safer, better paid and involve higher skills. Governments as well as private business organizations must turn a strategic focus on the clean-tech sector to realize its full growth potential.

A new World Bank report titled, “Building Competitive Green Industries: the Climate and Clean Technology Opportunity for Developing Countries,” points out that a vast market opportunity to the tune of $1.6 trillion is waiting to be seized in clean...


4 days 22 hours ago

(3BL Media/Justmeans) – More than one in three Americans – over 100 million people – live in poverty or on the brink of it, according to a recent Shriver Report brought out by Maria Shriver, the former First Lady of California. Such large-scale financial insecurity reduces productivity and employability of workers, puts greater pressure on public services, and undermines long-term economic growth of the country. To tackle this challenge of financial insecurity, it is necessary to design innovative financial solutions for the average consumer.

JPMorgan Chase & Co. recognizes the severity of this challenge, and has announced a two-year commitment of $...


5 days 9 hours ago

(3BL Media/Justmeans) – According to the Center for Disease Control and Prevention (CDC), more than a third of American adults are obese. The annual medical cost of obesity in the United States in 2008 U.S. dollars was $147 billion. On average, the medical costs for an obese person are $1,429 higher than those for a person with normal weight. Obesity can lead to life-threatening conditions such as heart disease, stroke, type 2 diabetes and certain types of cancer.

Amid growing concerns about the health risks of obesity across the U.S., the country’s three largest soda manufacturers, Coca-Cola, PepsiCo and Dr Pepper Snapple, have announced a commitment to cut down the calories in sugary...


1 week 1 day ago

(3BL Media/Justmeans) – At the UN Climate Summit this week in New York City, which will include the U.S. President Barack Obama and over a hundred other world leaders, much of the focus is likely to be on the role of global companies in meeting the climate change challenges. Policymakers around the world are keen to hear the voice of business and see clear commitment and actions on the reduction of their carbon footprint.

The President of the World Wildlife Fund in Washington, Carter Roberts, said that a slew of pro-environment corporate commitments are expected at the summit. According to him, the leadership and initiative being shown by the companies...


1 week 3 days ago

(3BL Media/Justmeans) – Hydrofluorocarbons (HFCs) are a potent greenhouse gas used in refrigeration, air conditioning and insulation. HFCs are 10,000 times more potent than carbon dioxide, which is the most common greenhouse gas. Under the United Nation’s Montreal Protocol, there is an increasing level of support to phase out HFCs globally. However, the use of these ozone-depleting HFCs is growing at a rate of up to 15 percent every year in the United States.

Just ahead of the United Nations Climate Summit in New York City, the White House has taken cognizance of the serious environmental threat posed by the use of HFCs in the refrigeration and air...


1 week 4 days ago

(3BL Media/Justmeans) – More than 340 global institutional investors representing over $24 trillion in assets worldwide have issued a statement calling on governments to create a platform for consistent, economically relevant and dependable carbon pricing. This appeal has set the stage for the UN Climate Summit that is about to convene to facilitate a global climate agreement in 2015, according to the United Nations Environment Program (UNEP).

Stable and economically meaningful carbon pricing will help channel investments in the right direction to match up to the huge climate change challenge, as well as allow for faster development of plans to phase out...


1 week 6 days ago

(3BL Media/Justmeans) – Nearly 840 U.S. colleges and universities have endowments to the tune of $415 billion, according to Bloomberg News. Making investments in sustainability must be a priority for the universities, not just to support a more sustainable world, but also to live up to the values that most of the universities themselves espouse.

The University of California set up a task force earlier this year to look at the best approaches to uphold its commitment to global sustainability. The task force concluded that the most effective way to address critical issues such as climate change over the long term would be to align investment practices with...


2 weeks 1 day ago

(3BL Media/Justmeans) – The Dow Jones Sustainability Indices (DJSI) follow a best-in-class approach to measure the performance of the world’s sustainability leaders. Only companies that lead their industries based on a comprehensive assessment of long-term economic, environmental and social criteria are included in the indices. The indices provide a transparent system to enable global investors and other stakeholders to learn about the sustainability performance of leading companies.

DJSI celebrates its 15th anniversary this year. Launched in 1999, the DJSI World has continued to provide insightful information on global corporate...


2 weeks 3 days ago

(3BL Media/Justmeans) – NASA is popularly associated with exploratory missions into space to probe the solar system and beyond. However, in a role reversal of sorts, now the space agency has announced that it is setting up a system to monitor planet earth from space. Using a cutting edge technology called lidar (“light plus radar”), NASA is developing a Global Ecosystem Dynamics Investigation (GEDI) device that will help map earth’s forests in 3D and improve understanding of their role in the carbon cycle and the shaping of earth’s climate.

Lidar technology allows the beaming of laser pulses from space on to earth’s surface, which are then bounced back...


2 weeks 5 days ago

(3BL Media/Justmeans) – According the World Health Organization (WHO), global health security faces an ongoing danger from emerging and re-emerging epidemic diseases. WHO calls for the reduction of the devastation resulting from epidemics through key imperatives, including prevention, preparedness, response and recovery activities. The current Ebola outbreak in Africa is the worst in the history of the virus, and emergency response needs to be stepped up to prevent it from becoming a global crisis.

The Bill & Melinda Gates Foundation has announced a commitment of $50 million to support emergency efforts to contain the threat caused by the Ebola...


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