Carbon finance cuts project risk

Climate change is a reality. For businesses, greenhouse gas (GHG) reductions have become an opportunity/challenge to reduce financial risks. GHG reductions offer important information and insights for guiding new strategic business models.

Carbon finance is a new instrument which can make a project more attractive. In the transport sector, which contributes to one-third of the world’s carbon emissions, this potential has not been explored sufficiently. The Switzerland-based Grütter Consulting is one of the pioneers in this area and has so far realized 3 out of 4 approved CDM (Clean Development Mechanisms) methodologies and has registered large-scale CDM transport projects.

Carbon finance can be an important, albeit not the only primary contributor, to investment and can contribute towards making the project financially more attractive, less risky and more sustainable not only in environmental but also in economic terms.

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You are the leader!

Leadership? You? Isn’t that just for the top of the ‘food chain’? You just want an entry-level job, a promotion to the next rung, or to simply keep your job in tight times, right? In today’s corporate world, you think to yourself, you’ll be lucky to get to a leadership position in the next five years. Wrong! If leadership is not the most overused and misunderstood word, then it certainly ranks in the top ten in today’s corporate corridors. It’s time to set the record straight.

In my book, The Offsite: A Leadership Challenge Fable, Gwen, a key character, learns leadership is not about title or position or being the decider - that’s positional authority. It’s not about knowing it all, creating a fearful atmosphere, or getting obedience from others. Real leadership is about collaboration, asking questions that promote learning, and creating an atmosphere of innovation. And, she also learns, real leadership is for everyone. Moreover, it can be honed with practice, but it starts internally and grows from there.

Gwen comes to understand real leadership is a way of life. It is a choice about creating open, honest, authentic relationships that urge others to want to discover their power and focus on what matters to them and their community. It is about knowing what matters to you and what you want from your life, not just your job. Gwen learns real leaders ask, “what do I want my life to look like today” not, “what do I have to do today”. Big difference.

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Go Kiss The World

The resurgent India has given Indian professionals optimism and a tad of arrogance as well. Nothing wrong with that! While the new-found wealth is always welcome, the challenge before the professionals – young and not-so-young is to find a sense of direction, purpose and some guiding principles to lead them as they head into the chaotic, unforgiving and demanding world.

Subroto Bagchi, who now calls himself a ‘Gardener’ at IT services company, MindTree, is shaping himself as a master coach and mentor. In his second book Go Kiss the World: Life Lessons for the Young Professional l (Penguin Portfolio June 08) through personal anecdotes, he brings lessons on working and living, energizing ordinary people to lead extraordinary lives. Bagchi urges Indian professionals to recognize and develop their inner strengths, thereby helping them realize their own, unique potential.

For those who constantly worry about building careers and successful businesses, Bagchi has this to say: “Our lives are like rivers – the source seldom reveals the confluence. Does a river fret over the long journey and about its end just as it is about to spurt? It simply does not do that, caring instead to fl ow, to begin its journey, and on its way builds a beneficial relationship with anyone who comes in contact with her.”

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