Last week Davos held the World Economic Forum 2010, which ran from January 27 – 31. It was the 40th anniversary of the World Economic Forum and this year’s theme was “Improve the State of the World: Rethink, Redesign, Rebuild” – a fitting theme for time when many of our world institutions and systems are in need of reinvention.
Along the lines of rebuilding old systems, Nike formally launched the GreenXchange Wednesday morning at a CEO breakfast in Davos.
GreenXchange is a project between Nike, Creative Commons and Best Buy, and was dubbed by Steve Guengerich as the “wikinomics for clean tech intellectual property”.
As both GreenXchange andWorldchanging explain, GreenXchange is an innovative platform meant to bring together private companies, the public sector and government institutions in order to share ideas around sustainability. Its goal is to create a commons where companies and groups working on innovation in sustainability can safely share research.
While we’ve already harnessed the power of the network to build software, browsers and an open encyclopedia, we’ve yet to harness the power of the network to achieve sustainability.
With GreenXchange, companies can collaborate on research and issue licenses to share their research with other companies. In the end this saves money, speeds up research and fosters innovation.
In a post in Business Week on Monday, one of the founders, Don Topscott says:
Companies face very similar sets of sustainability challenges — how to reduce resource consumption and achieve greater efficiency — but without the ability to share learning and best practices in response to those challenges, good solutions fail to take hold or make a broader impact. The GX makes it easy to enable sharing and promotion of industry best practices leading to sustainability while making sure that credit is given where it is due.
For more information on the GreenXchange, watch this video (via Worldchanging):
What are the most innovative ideas and companies that you have discovered in the green space?
At Legend Power, we see some breakthrough ideas in the green and clean tech space that are noteworthy, in particular deals in algae, geothermal, biodiesels, PV, wind, tidal and hydro.
Here are 5 Canadian companies providing great power conservation solutions:
Pulse Energy’s software collects, analyzes and communicates real-time energy intelligence for building operators and management, enabling savings of 5-25% with improved operating efficiency.
2. PowerKure™
PowerKure™ is an integrated modular system that is custom engineered for each facility to effectively and economically optimize power quality, providing guaranteed energy savings, through reductions in power demand and power consumption. (KVA/KW and KWH)
3. REGEN Energy
REGEN provides commercial, industrial, institutional, and multi-unit residential facilities with the ability to reduce their electrical demand charges by at least 25-30% using a practical, cost effective approach!
4. Fifth Light
Fifth Light offers advanced Lighting Solutions that conserve energy, improve lighting quality and simplify facility management while generating an attractive return on investment.
5. Legend Power
Legend Power is an electrical energy conservation company that uses a patented device to achieve significant energy conservation results through voltage optimization. Installation results have yielded clearly measurable reductions in electric bills, maintenance costs and greenhouse gases. Legend Power helps utilities and facilities reduce their environmental footprint while increasing their competitiveness through cost effective and sustainable investments in energy efficiency. View “Legend Power Corporate Video.”
Legend Power is an electrical energy conservation company that uses a patented device to achieve significant energy conservation results through voltage optimization. Installation results have yielded clearly measurable reductions in electric bills, maintenance costs and greenhouse gases.
Legend Power helps utilities and facilities reduce their environmental footprint while increasing their competitiveness through cost effective and sustainable investments in energy efficiency. LegendPower.com
Last week Davos held the World Economic Forum 2010, which ran from January 27 – 31. It was the 40th anniversary of the World Economic Forum and this year’s theme was “Improve the State of the World: Rethink, Redesign, Rebuild” – a fitting theme for time when many of our world institutions and systems are in need of reinvention.