Richard Branson’s plan to help rebuild the Caribbean with clean energy

November 3, 2017 by  
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Renewable energy could help islands in the Caribbean be more resilient in the face of future hurricanes – and billionaire Richard Branson wants to make that happen. He’s spearheading a plan for recovery centering on renewable energy. Replacing fossil fuel power grids with clean energy sources like solar and wind could also promote economic development. Hurricanes Irma and Maria devastated Caribbean islands. Now, Branson aims to help them rebuild. He has spoken with lenders and foundations about a fund to pay for a Disaster Recovery Marshall Plan, a name that nods to the Marshall Plan to rebuild Western Europe following World War 2. His efforts, which focus on renewable energy, could also include debt relief negotiations in which the International Monetary Fund (IMF) might be involved – Branson met with IMF managing director Christine Lagarde and said she was willing to facilitate meetings between creditors and Caribbean nations. He also said in a blog post he met recently with over 50 representatives from Caribbean governments and utility companies. Related: Puerto Rico electricity crisis sparks interest in renewable energy He told the Thomson Reuters Foundation, “We want to move the Caribbean countries into clean energy and make them more sustainable, which will make dealing with hurricanes much easier. The Caribbean heads of state agree with one voice that this is a good idea.” Branson rode out Hurricane Irma in a cellar on Necker, his private island in the British Virgin Islands. The island’s solar-powered microgrid weathered the storm well, he said, with the solar panels running again just 24 hours after the hurricane. In a blog post, Branson said people interested in helping could donate to the BVI Community Support Appeal , which aims “to raise money for the long term reconstruction” of the British Virgin Islands. Via the Thomson Reuters Foundation and Richard Branson Images via Caribbean Buzz Helicopters/Virgin and Ricardo Rossello on Twitter

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Richard Branson’s plan to help rebuild the Caribbean with clean energy

Richard Branson’s Virgin Galactic is almost ready to launch into outer space

October 11, 2017 by  
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After over a decade in development, Virgin Galactic, a private space travel service founded by billionaire Richard Branson , is almost ready to enter orbit. “We are hopefully about three months before we are in space , maybe six months before I’m in space,” said Branson at the Nordic Business Forum in Helsinki, Finland. If accurate, this moment for Virgin Galactic represents a culmination of years of hard work and setbacks, which included a fatal crash, delays, and technical problems. Branson’s Virgin Galactic is one of several companies, including Elon Musk’s SpaceX, in a high-stakes race to establish a private space travel service in the near future. Although Branson is reaching for the stars, he’s declined to reach as far as Mars. That’s Tesla territory. “I’m not as passionate about Mars as Elon [Musk] is,” said Branson. “My love for space is about how much it can do for people back here on earth, and that’s what Virgin Galactic is pushing towards.” As part of his SpaceX program, Musk plans to land rockets on Mars by 2022, in preparation for manned missions to the red planet . “[Getting to Mars] is an incredible challenge, and I suspect Elon [Musk] will get there first,” said Branson. “He’s more interested in big rockets going big distances. We’ve been more interested in taking people to space, and satellites, slightly closer to Earth.” Related: Richard Branson’s new supersonic jet will fly 2X faster than the speed of sound Earlier in 2017, Branson promised that Virgin Galactic would be bringing passengers into outer space by the end of 2018. Tickets to boldly go where few have gone before will not be cheap; each ride is expected to cost $250,000 per traveler. In addition to providing access to the wonder of space travel, the Virgin Galactic service will provide city to city travel across the world. “To get to space we’re going to be flying a craft that’s going 3000 miles per hour,” said Branson. “We are going to be the only people in the world, in a few months, to be flying a craft that’s going 3000 [mph]. Taking that craft and looking at point to point travel is something we are going to be in the best position in the world to do.” Via Business Insider Images via  Roderick Eime (1) and Land Rover

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Richard Branson’s Virgin Galactic is almost ready to launch into outer space

Richard Branson, Puma’s Zeitz kicks off ‘Plan B’ for business

June 14, 2013 by  
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Famous billionaires and social leaders join forces in a call to advance sustainability in business.

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Richard Branson, Puma’s Zeitz kicks off ‘Plan B’ for business

Sustainable finance: 7 steps to manage reputational risk

June 14, 2013 by  
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Here's how to develop a framework to assess projects and organizations for funding.

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Sustainable finance: 7 steps to manage reputational risk

Richard Branson’s Island Plans, Robert Redford Returns to the Gulf, and More

April 22, 2011 by  
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Photo: Wikimedia Sir Richard Branson owns two islands in the Caribbean, but what exactly he planned to do with them has inspired plenty of rumors, from selling them off to turning one into an eco-friendly resort. But CNN reports he’s made a plan for Moskito Island: Branson applied for permits to bring 30 ring-tailed lemurs to the island to he..

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Richard Branson’s Island Plans, Robert Redford Returns to the Gulf, and More

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