Sustainability challenge and related SDGs:
Carbon dioxide emissions in the global atmosphere mainly due to burning fossil fuels have increased dramatically since the beginning of the industrial revolution. As a result, global temperatures have risen by 1.2° C, causing the climate crisis we face today. To counteract this, countries around the world joined forces in Paris in 2015 with the goal of reducing global greenhouse gas emissions and creating a carbon-neutral world.
An important factor to achieve this goal is the decarbonisation of global transport, which is responsible for about one fifth of global greenhouse gas emissions. In some countries where the population is highly mobile, transport can account for the largest part of a person's carbon footprint. Meanwhile, passenger cars were the largest source of emissions in 2022, accounting for 41% of global transport emissions.
In order to meet global climate targets and become climate neutral by 2050, emissions from the transport sector must already be reduced by 20% to 5.7 Gt by 2030.
Possible solutions and their contribution to achieving the SDGs
One way to efficiently reduce transport emissions is to swap the car for the #Bicycle:
If you consistently use the bicycle instead of the car for short distances, you could reduce the emissions of your personal mobility by about 75 %. This shows that cycling is an important and highly effective mode of transport - especially for achieving net-zero cities.
Companies with the raditag #Bicycle produce entire (electric) bicycles or their key components, while others offer practical solutions based on the principle sharing (economy of sharing by using instead of owning). With their products and services, #Bicycle companies contribute to the goals of SDG 7 "Affordable and clean energy" and SDG 13 "Climate action" as they help reduce energy consumption and lowers the release of CO2 emissions into the atmosphere.
Primarily related SDG Targets: 7.1.2, 7.2, 7.3.1, 13.2.2
Investment Rationale and Growth Potential
A real #Bicycle boom erupted in 2020 during the COVID19 pandemic and continues to this day: The #Bicycle industry continues to boast full order books while demand is gradually shifting towards more expensive models, with electric-powered #Bicycles (e-bikes) in particularly in demand. In view of politically mandated investments in cycle path networks and the upcoming bans on combustion engines in various cities and countries, profitable investment opportunities are opening up in this area – not only for bikers.
