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Geneva puts monetary value on eco-assets

One Geneva-based firm is investing in technology to improve mobile phone battery life. This is considered green finance, the kind of clean energy investments the world needs to keep climate change in check. Quadia is the name of the company that financially backs what it calls “significantly impactful” companies, including Cavendish Kinetics that want to extend the battery life of phones through more effective data processing. While mobile users now see the inconvenience of having to charge phones too often, Quadia’s Guillaume Taylor told swissinfo.ch that in future, users will increasingly appreciate technological developments for their environmental value. According to the United Nations climate change chief, Christiana Figueres, $1 trillion in clean energy investments like these will be needed annually to avoid global temperatures rising beyond a threshold of two degrees Celsius. Geneva is well placed to play a leading role in this regard. At the December climate change summit ....

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