Magma White Paper - magmaeco.com

Environment Protection the Need of Hour

The need for environmental protection has become more critical than ever before. Climate change, pollution, deforestation, and loss of biodiversity are some of the critical environmental issues that are affecting the planet. These issues are caused mainly by human activities, and if left unchecked, they will have serious consequences for the planet’s future.

Let’s have some insight of environmental degradation and its effects:

A. Depletion of Ozone Layer

B. Global Warming

C. Air Pollution

D. Water Pollution

E. Soil Pollution

F. Sound Pollution

A. Depletion of Ozone Layer

The ozone layer is a protective layer in the Earth’s stratosphere that absorbs most of the sun’s harmful ultraviolet (UV) radiation. Ozone layer depletion refers to the thinning of this protective layer due to the release of certain chemicals such as chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCs), and halons into the atmosphere.

The effects of ozone layer depletion are significant and far-reaching. Here are some of the main effects:

Skin Cancer: Increased exposure to UV radiation due to ozone depletion can lead to an increased risk of skin cancer, including both melanoma and non-melanoma types.
Eye Damage: Exposure to UV radiation can also cause damage to the eyes, including cataracts and other eye diseases.
Weakened Immune System: Increased UV radiation can also weaken the immune system, making people more susceptible to diseases and infections.
Damage to Plants: Increased UV radiation can damage plants, including crops, leading to reduced yields and food shortages.
Damage to Marine Life: Increased UV radiation can also harm marine life, including phytoplankton, which is the base of the marine food chain.
Climate Change: Some of the chemicals responsible for ozone layer depletion are also greenhouse gases, which contribute to climate change.

In conclusion, ozone layer depletion has significant and far-reaching effects on human health, plant and animal life, and the environment as a whole. It is crucial that we take action to reduce the use of chemicals that contribute to ozone layer depletion and promote sustainable practices that protect the ozone layer and the planet.

B. Global Warming

Global warming refers to the long-term increase in the Earth’s average temperature due to human activities such as the burning of fossil fuels and deforestation. Here is a short informative report with data on global warming and its effects:

Temperature Increase: The global temperature has increased by approximately 1.1°C (2°F) since the pre-industrial era, and it is projected to increase by another 1.5°C (2.7°F) to 4.5°C (8.1°F) by the end of this century.
Extreme Weather: Global warming has led to an increase in extreme weather events such as heat waves, droughts, floods, and wildfires. These events can cause significant damage to infrastructure, property, and human lives.
Sea Level Rise: As temperatures rise, glaciers and ice caps melt, leading to a rise in sea levels. Sea levels have risen by approximately 8 inches (20 cm) since 1880, and they are projected to rise by another 1-4 feet (0.3-1.2 meters) by the end of this century.
Ocean Acidification: As the Earth’s temperature rises, the ocean absorbs more carbon dioxide, leading to increased acidity. This can harm marine life and ecosystems, including coral reefs.
Impacts on Agriculture: Global warming can impact agriculture by changing weather patterns and reducing crop yields. This can lead to food shortages and higher food prices.
Health Impacts: Global warming can also have negative health impacts, including an increase in heat-related illnesses, respiratory diseases, and the spread of vector-borne diseases.

These are just a few of the many effects of global warming. It is crucial that we take action to reduce greenhouse gas emissions and promote sustainable practices to mitigate the impacts of global warming and protect the planet for future generations.

C. Air Pollution

Air pollution refers to the presence of harmful substances in the Earth’s atmosphere, primarily caused by human activities such as burning fossil fuels, industrial processes, and transportation. Here is a short informative report with data on air pollution and its effects:

Health Impacts: Air pollution can have significant health impacts, including respiratory diseases, heart disease, stroke, and lung cancer. According to the World Health Organization, air pollution is responsible for 7 million premature deaths each year.
Economic Costs: Air pollution can also have significant economic costs, including increased healthcare costs, lost productivity, and damage to infrastructure and crops. The economic cost of air pollution is estimated to be around $5 trillion per year globally.
Environmental Damage: Air pollution can harm the environment, including plants and wildlife. It can lead to acid rain, which can damage forests and bodies of water, and it can contribute to climate change by increasing greenhouse gas emissions.
Particulate Matter: Particulate matter is a type of air pollution made up of tiny particles that can be inhaled into the lungs. It is a significant health risk, particularly for vulnerable populations such as children and the elderly.
Ozone: Ozone is a gas that forms when pollutants react with sunlight. It can cause respiratory problems, particularly for people with asthma and other respiratory illnesses.
Regional Differences: Air pollution levels vary significantly around the world, with some regions such as Asia experiencing higher levels of pollution than others. However, even in regions with relatively low pollution levels, it can still have significant health impacts.

These are just a few of the many impacts of air pollution. It is crucial that we take action to reduce air pollution levels, promote sustainable practices, and protect the health of both people and the planet.

D. Water Pollution

Water pollution refers to the presence of harmful substances in bodies of water such as rivers, lakes, and oceans. It can be caused by a variety of human activities such as industrial processes, agriculture, and improper disposal of waste. Here is a short informative report with data on water pollution and its effects:

Health Impacts: Water pollution can have significant health impacts, including waterborne diseases such as cholera, typhoid, and hepatitis. According to the World Health Organization, contaminated water is responsible for 3.4 million deaths each year.
Economic Costs: Water pollution can also have significant economic costs, including increased healthcare costs, lost productivity, and damage to infrastructure and crops. The economic cost of water pollution is estimated to be around $9 billion per year globally.
Environmental Damage: Water pollution can harm the environment, including plants and wildlife. It can lead to the loss of biodiversity, damage to coral reefs, and the destruction of habitats for fish and other aquatic animals.
Nutrient Pollution: Nutrient pollution occurs when excess nutrients such as nitrogen and phosphorus enter bodies of water. It can lead to harmful algal blooms, which can deplete oxygen levels in the water and lead to fish kills.
Plastics Pollution: Plastics pollution is a significant issue in bodies of water, particularly oceans. It can harm marine life, including entanglement and ingestion of plastics, and it can also have economic impacts such as damage to fishing and tourism industries.
Regional Differences: Water pollution levels vary significantly around the world, with some regions such as Africa and Asia experiencing higher levels of pollution than others. However, even in regions with relatively low pollution levels, it can still have significant health and environmental impacts.

These are just a few of the many impacts of water pollution. It is crucial that we take action to reduce water pollution levels, promote sustainable practices, and protect the health of both people and the planet.

E. Soil Pollution

Soil pollution refers to the presence of harmful substances in the soil, primarily caused by human activities such as industrial processes, agriculture, and improper disposal of waste. Here is a short informative report with data on soil pollution and its effects:

Health Impacts: Soil pollution can have significant health impacts, including exposure to toxic chemicals that can cause cancer, birth defects, and other health problems. According to the World Health Organization, contaminated soil is responsible for more than 1 million deaths each year.
Economic Costs: Soil pollution can also have significant economic costs, including increased healthcare costs, lost productivity, and damage to infrastructure and crops. The economic cost of soil pollution is estimated to be around $10 billion per year globally.
Environmental Damage: Soil pollution can harm the environment, including plants and wildlife. It can lead to the loss of biodiversity, damage to ecosystems, and soil erosion.
Heavy Metals: Heavy metals such as lead, mercury, and cadmium can accumulate in the soil, leading to significant health risks for both people and animals.
Chemical Contamination: Chemical contamination from pesticides and other chemicals used in agriculture can have long-term impacts on soil health and fertility, leading to reduced crop yields and increased environmental damage.
Regional Differences: Soil pollution levels vary significantly around the world, with some regions such as Asia and Africa experiencing higher levels of pollution than others. However, even in regions with relatively low pollution levels, it can still have significant health and environmental impacts.

These are just a few of the many impacts of soil pollution. It is crucial that we take action to reduce soil pollution levels, promote sustainable practices, and protect the health of both people and the planet.

F. Sound Pollution

Noise pollution refers to unwanted or excessive sounds that can have harmful effects on human health and the environment. Here is a short informative report with data on noise pollution and its effects:

Health Impacts: Exposure to high levels of noise can have significant health impacts, including hearing loss, stress, sleep disturbance, and high blood pressure. According to the World Health Organization, noise pollution is responsible for 1.6% of the global burden of disease.
Economic Costs: Noise pollution can also have significant economic costs, including lost productivity, healthcare costs, and damage to property values. The economic cost of noise pollution is estimated to be around $97 billion per year globally.
Environmental Damage: Noise pollution can harm the environment, including disrupting animal behavior and migration patterns, interfering with communication, and contributing to habitat loss.
Urban Areas: Noise pollution is particularly prevalent in urban areas, with traffic noise being a significant contributor. In some cities, noise levels can exceed 85 decibels, which is considered harmful to human health.
Industrial Noise: Industrial noise from factories and construction sites can also contribute to noise pollution, leading to hearing loss and other health impacts for workers.
Regulatory Measures: Many countries have implemented regulatory measures to reduce noise pollution, such as setting noise limits for vehicles and machinery, establishing noise barriers, and enforcing quiet hours in residential areas.

These are just a few of the many impacts of noise pollution. It is crucial that we take action to reduce noise pollution levels, promote sustainable practices, and protect the health of both people and the planet.

Economic Impact of Environmental Degradation

Environmental degradation can have a significant economic impact on the world economy. Here are some of the ways in which environmental degradation affects the economy:

Loss of Natural Resources: Environmental degradation can lead to the loss of natural resources such as timber, water, and minerals, which can negatively affect the economies of countries that rely on these resources.
Decline in Agriculture: Environmental degradation can negatively impact agriculture, leading to reduced yields, food shortages, and increased food prices. This can have a significant impact on the global economy, particularly in countries that rely on agriculture for their economic growth.
Increased Healthcare Costs: Environmental degradation can lead to increased healthcare costs due to the negative health impacts of pollution and exposure to toxic substances.
Loss of Biodiversity: The loss of biodiversity due to environmental degradation can lead to a decline in ecosystem services such as pollination and soil fertility, which can impact agriculture and other industries that rely on these services.
Increased Natural Disasters: Environmental degradation can increase the frequency and severity of natural disasters such as hurricanes, floods, and droughts, which can cause significant damage to infrastructure and result in economic losses.

It is difficult to estimate the exact cost of losses due to the effects of environmental degradation over the years, as it is a complex issue with many variables. However, here are some estimates of the economic costs of specific environmental disasters and events in the last three years before COVID-19 pandemic :

Australian Bushfires (2019-2020): The Australian bushfires, which burned from 2019-2020, were estimated to have caused economic losses of over $100 billion AUD (approximately $73.8 billion USD).
Hurricane Harvey (2017): Hurricane Harvey, which hit the United States in 2017, caused economic losses of around $125 billion USD, according to estimates.
California Wildfires (2017-2018): The California wildfires in 2017 and 2018 were estimated to have caused economic losses of around $180 billion USD.
Cyclone Idai (2019): Cyclone Idai, which hit Mozambique, Zimbabwe, and Malawi in 2019, caused economic losses of around $2 billion USD, according to estimates.

These are just a few examples of the economic costs of specific environmental events in the last three years. However, it is important to note that the full economic cost of environmental degradation is much larger, as it includes ongoing costs such as healthcare expenses, lost productivity, and damage to infrastructure. Let alone the effect of COVID-19 pandemic that crumbled the global economy in a matter of months.

In conclusion, environmental degradation can have a significant economic impact on the world economy. The negative effects of environmental degradation can lead to reduced economic growth, increased healthcare costs, and damage to infrastructure. It is crucial that we take action to address environmental degradation and promote sustainable development to ensure the long-term health of the global economy.

10 global companies that are environmentally friendly

A few generations ago it seemed like the world’s resources were infinite, and people needed only to access them to create businesses and grow humanity.

Today, we know how false that is. We now know that rather than finding ways to exploit new resources, people and companies need to focus on finding sustainable ways to grow, while protecting the planet and the resources we have left.

For every company that spills millions of gallons of oil into the oceans, there are plenty more companies operating under this new ethos. Here are a few standout green companies that deserve accolades:

1. IKEA

IKEA’s invested in sustainability throughout its entire business operations, including things customers can readily see and things they can’t. It starts with their supply chain, where the Swedish furniture-maker has sourced close to 50 per cent of its wood from sustainable foresters and 100 per cent of its cotton from farms that meet the Better Cotton standards, which mandate reduced user of water, energy and chemical fertilisers and pesticides. You can also see their commitment to sustainability at the store. IKEA has more than 700,000 solar panels powering its stores, and plans to start selling them to customers in the UK. In 2012, IKEA announced its goal to be powered by 100 per cent renewables by 2020 – but just four years later, it upped the ante aiming to be a net energy exporter in the same time.

2. Unilever

Unilever has done more than make green investments, it’s made sustainability part of its corporate identity. The company’s Sustainable Living Plan sets targets for sourcing, supply chain and production on everything from energy and water use to treatment of suppliers and communities where they operate. When it was first adopted in 2010, CEO Paul Polman said he wanted to double the company’s business while halving its environmental impact in just 10 years. It’s made amazing strides: three quarters of Unilever’s nonhazardous waste does not go to landfills and the share of its agricultural suppliers that use sustainable practices has tripled. The United Nations awarded the company’s CEO its Champion of the Earth Award in 2015 for his efforts toward reaching this goal.

3. Panasonic

Panasonic doesn’t get as many public accolades as many companies (something that Interbrand, which ranks companies on sustainability, calls the ‘gap’), but it consistently wins high marks from experts. Like many companies on this list, Panasonic has ambitious energy goals, both in terms of efficiency and renewables, and it also focuses on making environmentally friendly products. What sets them apart is the way they’ve incorporated sustainability into their day-to-day life. It moved its North American headquarters from suburban Seacaucus, New Jersey to a LEED-certified building in downtown Newark by Penn Station, an intentional move to eliminate the need for employees to drive to work and reducing their carbon footprint. They’re also partnering with several companies to make a demonstration Sustainable Smart Town in Japan centred around sustainability.

4. Allergan

The Venn diagram between environmentalism and Botox has a pretty small overlap, but smack in the middle of it is Allergan, the Botox producer that has been at or near the top of Newsweek’s green companies rankings for years. The California-based pharmaceutical company began its commitment to sustainability more than two decades ago with a policy on water conservation grounded in reporting and benchmarking. Their strategy has grown from water to energy conservation, waste reduction and emissions reduction in both their direct operations and supply chain. In 2016, it won the Environmental Protection Agency’s EnergySTAR Award for the fifth time, recognizing its achievements in energy efficiency.

5. Seventh Generation

Seventh Generation not only uses sustainable practices, it’s also created space for green products in a particularly environmentally destructive industry – household cleaners. Cleaning products are mostly washed down the drain, and despite the best efforts of wastewater treatment plants, some of the strong and toxic chemicals still pollute groundwater and waterways. Often, the argument against more environmentally friendly ones is they don’t work as well – but that myth died with the success of Seventh Generation. Now, even brands like Clorox have created greener versions of their products to meet demand for environmentally friendly cleaning options.

6. Patagonia

A 2015 New Yorker profile called Patagonia’s corporate strategy ‘anti-growth’, a tongue-in-cheek nod to the retailer’s crusade against conspicuous and superfluous consumption. They’ve released ads encouraging people to not buy things they don’t need (even their own products) and implemented a program to repair rather than replace their products. Their commitment lies in their products – not just their messaging and marketing. Wetsuits are made of natural rubber and plastic bottles are turned into parkas. Patagonia also recognises the importance of political action on the environment and has made voting for eco-friendly leaders a cornerstone of its sustainability message.

7. IBM

IBM was another early adopter of sustainability and eco-friendly business. Corporate social responsibility and environmental stewardship has been part of the company’s mission since the 1960s. Its first sustainability report was published in 1990 and its data centres have received awards from the European Commission for their long-time energy efficiency successes. Today, IBM’s efforts include smart buildings that reduce resource demand, green procurement, water resource management and more for a truly comprehensive approach.

8. New Belgium Brewing

Colorado-based New Belgium Brewing is an industry leader when it comes to sustainability, an ethos that is shot through every part of the company from its production and marketing to encouraging employees and customers to bike rather than drive. The brewery diverts 99.8 per cent of its waste from landfills. In addition to making energy efficiency integral to their brewing process, they’re also an outspoken advocate for climate change action and signatories to both the BICEP pro-climate business coalition and the Brewery Climate Declaration.

9. Adobe

Adobe systems was the greenest IT company in Newsweek’s 2014 rankings, a well-earned distinction. The company has already made some impressive achievements, including obtaining LEED certification for more than 70 per cent of its workspaces, including retrofitting a historic building in San Francisco. It also has ambitious goals—including getting to net zero energy consumption and reducing its packaging, packaging being a resource drain and big contributor to plastic pollution. Adobe was also a corporate leader in reducing its water use to respond to California’s historic drought, even after it had already reduced its water use by more than 60 per cent since 2000 through means like installing environmentally friendly fixtures and landscaping with native plants.

10. Nike

Nike hasn’t always had a stellar record when it comes to corporate sustainability, but they’ve made a lot of change that’s doing a lot of good. Nike topped Morgan Stanley’s list in 2015 of most sustainable clothing and footwear brands. Key to their success is the company’s robust disclosure about its supply chain and production practices. They’re also making it easier for designers to make green choices with an app that helps you compare the environmental footprint of different fabrics. Like, Patagonia, it also uses post-consumer recycled materials in some of its products, including its 2011 World Cup jerseys. It’s also redesigned its boxes to reduce packaging, committed to eliminating chemical discharges, invested in energy efficiency in its factories and more. Nike is also partnering with NASA and other government agencies to spark innovation in chemistry to green the processing of raw materials into goods.

19 environmental startups with innovative solutions (2023)

Environmental startups are also known as green startups and are stealing the spotlight in the business world more and more in the past few years. With climate change becoming an enormous threat in today’s world, the need for businesses that make environmentally-friendly products and services significantly increased.

What are environmental startups?

Environmental startups are the ones who aim to create a sustainable and financially viable future, by producing or offering environmental-friendly products or services. These startups for example use materials that are environmentally friendly so they can help to reduce global warming.

19 best environmental startups worldwide

Even though there are plenty of businesses that are becoming green businesses because it’s good for their branding, we’ve found 20 environmental startups who are putting the planet before their profits for real.

Emitwise

We are starting the list with Emitwise and their AI technology for measuring, reporting, and reducing the carbon footprint of your operations and supply chain. For that purpose, carbon accounting and technology experts designed this platform to help you future-proof your business for a net-zero carbon world.

By using Emitwise you can fully automate your carbon accounting across all business units and supplies. The platform is easy to use, breaks down your data, and generates powerful visualizations. That way it enables sustainability teams to identify opportunities for improvement and effectively engage stakeholders.

Aurora Solar

Founded in 2013, Aurora Solar by this day has designed over 6 million solar projects. Hence, the favorable impact their platform has on the environment it’s obvious.

With Aurora Solar, you can confidently design and quote systems from your desk, generate bankable Shade Reports, streamline your entire solar project lifecycle to move faster and accelerate revenue, and even more.

Moreover, their Lead Capture AI turns visitors into qualified solar leads and shows your customers what solar could look like on their homes and how much they could save. And if your goal is to increase sales, then using their Sales Mode will help your team sell faster, one call close, and powerful 3D Design On-the-Go.

Mosaic

Mosaic is another outstanding environmental startup that connects customers’ desire to benefit from solar, with the financing and services that are most suitable for their needs. They work directly with the leading solar and home improvement companies, therefore they make financing fast and affordable for homeowners.

With their innovations in technology and financial products, Mosaic provides easy access to affordable and sustainable home improvements. Therefore, having a sustainable lifestyle has never been more simplified.

By today, they’ve helped 180k homeowners switch to sustainable solutions, which once again proves that their dedication to using the power of business to significantly impact climate change makes the world a better place.

Laska

With their innovative process, Laska evaluates waste in the most effective way possible, or as they say, their mission is to “convert the life”. They are one of the best environmental startups in 2022 because they have developed a product that is uniting both, the financial gains and measurable environmental impact.

With their upcycling expertise, Laska upcycles end-of-life tires with innovative, sustainable, and eco-friendly approaches, and brings them into the economy as energy and raw materials. Their mission is to eliminate negative impacts on the environment and society, significantly reduce carbon dioxide emissions, while also creating a product that satisfies the need.

Skeleton Technologies

Skeleton Technologies is founded in 2009, today represents the biggest technological advancement in the industry in the last 20 years. Their driving force is the idea of changing the energy storage industry, and by developing and producing the best ultracapacitor cells, modules, and systems, they’ve proven they are able to help companies save energy.

And as more and more people are finally becoming aware of climate change, in 2019 they have 3X revenue growth and more than 100 million euros in order intake. And that has two beneficial sides. On one hand, businesses are willing to invest in such eco-friendly products, and on the other hand, the experts of Skeleton Technologies have the resources and motivation to further develop environmental innovations and fight climate change.

Cirrus Shower Ltd

Studies have shown that a water crisis is threatening the world and that in fact, we might run out of usable water, but it’s good to say that we have strong business warriors in this field as well. Cirrus Shower is one of those environmental startups that are developing water-saving solutions we can use in our everyday life.

Their innovative nozzles use water-atomizing technology to increase water efficiency and reduce water consumption by 75%. Moreover, the Cirrus Shower solution also requires less energy to heat the water, which means the environment benefits not only by saving water but by saving energy as well.

And while saving the planet, pleasure is not excluded as well. There are French aromatherapy pods that infuse your shower with natural essential oil goodness. Hence you will be wrapped around with a cloud of therapeutic aromatherapy bliss.

Algenesis Materials

Did you know that 532 billion pounds of plastic are landfilled or incinerated each year? Algenesis Materials, being aware of that, started producing fully biodegradable plastic made from algae and helps the planet recover from the pollution caused by products that are made from fossil fuels.

This material science and technology company united the knowledge of amazing scientists on a mission to help the planet recover from the pollution caused by products made from fossil fuels. They redesigned plastic materials and their patented technology became the world’s first high-performance, renewable, and fully biodegradable plastic material made from plants.

FUERGY

FUERGY is a team of specialists with decades of experience in the energy sector. After realizing the advantages and potential an energy efficiency solution could deliver, they founded FUERGY so they can create a whole new energy ecosystem.

Their goal is to switch from conventional electricity consumers to innovative green power consumers. Hence, with their in-house developed software and hardware, you can turn your regular power grid into a Smart grid. As a part of their innovations, they’ve developed two products: brAIn – a smart energy storage solution, and mAInchart – a dispatch system for energy retailers.

Homeboy Electronics Recycling

Homeboy Electronics Recycling is another one of the most innovative environmental startups, offering a nationwide recycling program. Their list of recyclables electronic devices includes everything with a cord, cable, or battery. Their social mission besides providing customers with the highest quality electronics reuse and recycling solutions also includes employing people who face systemic barriers to work.

Moreover, with the world becoming more tech-hungry than ever before, and only 20% of the electronic waste produced globally being recycled, the impact this startup has on our environment is huge. By fulfilling any e-waste, IT asset disposition, or data destruction needs you may have, they save the world, one device at a time.

Krill Design

Krill Design, through a process of circular economy, enhances the waste of the food chain and transforms the resources of nature into eco-design products. Have you heard of a lamp made out of orange peels? Even though it might sound unbelievable at first, it’s actually possible with Krill Design innovations, and moreover, it looks amazing.

By transforming your company’s organic waste into new biomaterials, Krill Design can create products in line with your business desires and needs.

AMP Robotics

AMP Robotics is a recycling robot company dedicated to reimagining and actively modernizing the world’s recycling infrastructure. They strongly believe that technology unlocks the limitations in the waste industry and they leverage the advantages of artificial intelligence and robotics to pursue their mission.

The mission of this environmental startup is to enable a world without waste. One of their driving forces is their optimism that environmental harm is not a lost battle, and there is still a chance to do something about it. Hence, they are developing new tools, methods, and approaches to solve problems quickly and be a force of change.

Absolar Solutions

Founded in 2020, Absolar Solutions has a mission to decarbonize every property within the UK and beyond. Their unique data and advanced modeling deliver powerful insights across solar radiation, property attributes, and potential energy efficiency measures.

This award-winning environmental startup has a team of experienced energy, sustainability, and real estate professionals. With their help, customers can understand their solar energy potential, prospective return on investment and facilitate installations.

Scindo

Scindo is shaping the future of recycling by recycling the unrecyclable. They are harnessing the power of enzymes and are creating a novel biological platform to turn low-value plastic landfill waste into high-value molecules.

Even though there are a lot of experts working on developing recycling solutions, there are still plastics that can’t be recycled with current methodologies. This is where Scindo comes in to help. This environmental startup creates a more circular economy for plastics by developing an alternative to landfills and incineration.

Carbominer

Carbominer is a Ukrainian hardware environmental startup working on innovative technology that’s able to capture CO₂ from the ambient air locally, thus eliminating at least 35% CO₂ supply costs. Therefore, they’ve set two global goals. One is CO₂ removal, and the other is food production.

Carbon dioxide causes the atmosphere to heat up faster and that’s the greenhouse effect that causes global warming. Hence, Carbominer uses its qualified workforce to slow down the rising CO₂ level and fix climate change.

Molekule

Molekule’s flagship product is an air purifier with acclaimed, award-winning technology. PECO technology that is developed by Molekule over 25 years by research scientists is an innovative technology that uses free radicals (the same radicals used to destroy cancer cells) to break down pollutants at a molecular level, including viruses, mold, bacteria, allergens, and chemicals.

Furthermore, compared to standard filters, the air purifier developed by Molekule can destroy pollutants 1000 times smaller and can destroy over 99% of SARS-CoV-2 in 1 hour. This demonstrates how PECO adds a layer of protection against airborne viruses.

Heliogen

Heliogen is focused on developing solar energy solutions that are powerful enough to eliminate the need for fossil fuel energy. Their professional team is working towards unlocking the power of sunlight to replace fossil fuels.

Heliogen’s unique breakthrough technology precisely aligned an array of mirrors to reflect sunlight to a target on the top of a Sunlight Refinery tower, delivering high-temperature, carbon-free thermal energy. This technology is sustainable, scientifically proven, and cost-effective and makes Heliogen one of the most promising environmental startups in 2022.

Redaptive

Redaptive markets its services as EaaS (Efficiency-as-a-Service), helping shepherd its clients through the processes of planning and installing clean energy solutions. Furthermore, they help companies maximize their savings by only charging for energy usage with a monthly utility bill.

What makes them different from other energy efficiency or sustainability providers is that Redaptive manages the funding, project installation, procurement, and maintenance of LED, HVAC, geothermal, solar, and other sustainable energy and energy efficiency programs.

Encamp

You no longer need spreadsheets, consultants, and outdated EHS software so your company can stay green and manage its environmental compliance. One of the most promising environmental startups, Encamp, developed a centralized platform for managing risk, evaluating regulations, and filing paperwork.

Moreover, this platform automatically submits reports to agencies and empowers your team to collaborate better and improve knowledge sharing by eliminating outdated technology, inconsistent data management, and copy-paste reporting. Companies that are using this award-winning platform are considering it as a wonderful time saver since Encamp ensures that all the State regulatory requirements are met and any fees are paid on time.

LevelTen Energy

With LevelTen Energy, even the smaller companies can invest in cleaner energy since they offer renewable energy in amounts and prices proportional to each company’s needs. LevelTen Energy is the world’s largest marketplace for renewable energy buyers, sellers, advisors, and financiers.

They’ve developed the most sophisticated, real-time project and PPA analytics in the industry, and online RFP and planning tools, standard contracts, and instant data which helps companies easily find the best deals.

What all these environmental startups have in common

These environmental startups are working towards the same goal – shaping our future for the better. For that purpose, the world’s most ambitious experts in the field by leveraging technology have developed solutions that are already proven to make a positive impact. Lastly, all of these promising environmental startups are sharing the same goal when it comes to profits as well, and that is mid-to-long-term sustainability rather than just short-term profits.

How Does Magma Help in Fighting Environmental Degradation

MAGMA, as a crypto token, can play a crucial role in addressing these environmental issues. Here are some ways in which Magma can help:

Decentralized Funding: Magma provides a decentralized platform for funding environmentally responsible projects, eliminating the need for intermediaries and ensuring that funds are used efficiently and effectively.
Transparency and Traceability: The use of blockchain technology in Magma ensures that every transaction is recorded immutably on a public ledger, providing accountability and traceability for environmental initiatives.
Encouraging Sustainable Development: By supporting environmentally responsible initiatives, Magma encourages the adoption of sustainable development practices, which will have a positive impact on the environment and future generations.
Community Engagement: By fostering a community of environmentally conscious individuals, Magma aims to raise awareness and engage more people in the fight against environmental degradation.
Immutable Record of Impact: The use of blockchain technology allows for an immutable record of the impact that Magma-supported initiatives have on the environment, providing a permanent record of progress and achievements.

In conclusion, the need for environmental protection is urgent, and Magma, as a crypto token, offers a comprehensive solution for promoting sustainable development and addressing environmental challenges. By leveraging blockchain technology and engaging a community of environmentally conscious individuals, Magma is well-positioned to make a positive impact on the environment. We encourage everyone to join the Magma community and help us make a positive impact on the environment.

Magma Mission

The mission of the Magma cryptocurrency token is to support environmentally responsible activities and promote sustainable development. This mission is achieved through the use of blockchain technology, which provides a secure, transparent, and immutable platform for funding and tracking environmentally responsible projects. The goal of Magma is to make a positive impact on the environment by enabling individuals, organizations, and governments to take action and support initiatives that promote sustainable development. By fostering a community of environmentally conscious individuals, Magma aims to inspire change and drive positive outcomes for the environment and future generations.

Solving It the Magma Way

Magma token offers several solutions for promoting sustainable development and addressing environmental challenges, including:

- Decentralized funding: Magma token provides a decentralized platform for funding environmentally responsible projects, which eliminates the need for intermediaries and ensures that funds are used efficiently and effectively.
- Transparency and traceability: The use of blockchain technology in Magma ensures that every transaction is recorded immutably on a public ledger, providing accountability and traceability for environmental initiatives.
- Cost-effective solution: With low transaction fees and quick transfer of funds, Magma offers a cost-effective solution for supporting environmental initiatives, making it accessible for individuals, organizations, and governments of all sizes.
- Community engagement: By fostering a community of environmentally conscious individuals, Magma aims to raise awareness and engage more people in the fight against environmental degradation.
- Encouragement of sustainable development practices: By supporting environmentally responsible initiatives, Magma encourages the adoption of sustainable development practices, which will have a positive impact on the environment and future generations.
- Immutable record of impact: The use of blockchain technology allows for an immutable record of the impact that Magma-supported initiatives have on the environment, providing a permanent record of progress and achievements.

Overall, Magma token offers a comprehensive solution for promoting sustainable development and addressing environmental challenges. By leveraging blockchain technology and engaging a community of environmentally conscious individuals, Magma is well-positioned to make a positive impact on the environment.

Our Roadmap

Tokenomics

TokenHolder Benefits

Tokenholders of a Magma token can potentially benefit from a number of things, including:

Appreciation of token value: The Magma token is a fast growing token for being the first of its kind. It will soon become more valuable over time, tokenholders may see an increase in the value of their holdings. As because the token is in high demand with a limited supply and our team has developed efficient burning strategy to maintain the good price point throughout.
Token Utility: Tokenholders can use their tokens to access products, services or benefits offered by the underlying platform.
Governance: Tokenholders will be able to participate in the governance of the platform, such as voting on proposals or participating in community decision making. This will give tokenholders a voice in the direction and development of the platform.
Liquidity: Tokens may be traded on various cryptocurrency exchanges, allowing tokenholders to easily buy or sell their holdings. This can provide tokenholders with greater flexibility and the ability to quickly liquidate their holdings if needed.

It’s important to note that the benefits of holding a Magma token can vary greatly depending on the time period you hold the token for. We value your trust ,so we provide 10% of premium for holding a token for six months.

Let us be the part of sustainable living on this planet!

Magma Use Cases

Magma can be used in a variety of environmental initiatives, including but not limited to:

- Renewable Energy Solutions: Magma can be used to fund renewable energy projects such as solar, wind, and hydro power. These projects will help to reduce the world’s dependence on non-renewable sources of energy, thereby reducing greenhouse gas emissions.
- Conservation of Wildlife: Magma can be used to fund conservation efforts for endangered species and their habitats. This will help to protect biodiversity and ensure the survival of these species.
- Reforestation: Magma can be used to support reforestation projects, which will help to mitigate the effects of climate change and provide crucial habitats for wildlife.
- Sustainable Agriculture: Magma can be used to support sustainable agriculture initiatives, which will help to reduce the use of harmful chemicals, promote biodiversity, and ensure food security.
- Environmental Education: Magma can be used to support environmental education initiatives, which will help to raise awareness and educate future generations on the importance of sustainable development practices.

Conclusion

Magma is a crucial tool in the fight against environmental degradation. By providing a secure, transparent, and immutable platform for funding environmental initiatives, Magma has the potential to make a real difference in the world. With its use of blockchain technology, low transaction fees, and quick transfer of funds, Magma is a cost-effective solution for environmental projects. Join us in the effort to promote sustainable development and protect the environment for future generations.