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In the energy and utilities sector, sustainability goals, such as Saudi Arabias Vision 2030 and UAEs Net Zero 2050, will drive investment in smart grids, renewable energy, and AI-driven energy efficiency solutions. Fintech hubs like Dubai and Riyadh will continue attracting global and regional players.
Customer sentiment, evolving corporate values, and government regulation have converged to make sustainability a strategic priority for nearly every business. 1] Preparing for long-term sustainability has become a fundamental part of future-proofing your organization.
For decades, we’ve been investing in innovation, partnerships, and programs that apply our technology, scale, and talented workforce to drive human progress – all intending to have a measurable influence on some of the complex challenges important to our business, customers, the communities we serve and society at large.
American utility and power company AES launched a renewable energy program in mid-2022 that is not only reducing its carbon footprint but adding wealth to its coffer. The project, dubbed Farseer AI Generation Forecasting and Market Automation Program, was developed by a handful of AES data scientists in partnership with Google.
Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. Though some businesses may never be truly sustainable, a venture firm in Seoul argues that emerging climate-tech startups will help big manufacturers do better overall. Getting there will be another story.
Munch-based climate tech startup Tanso , which sells software to help industrial manufacturers carry out sustainability reporting and carbon accounting, has banked €6.5 it took in last month via an EU innovation grant under the bloc’s EIC Accelerator program. million in early stage growth funding. Tanso nabs $1.9M
As part of farmers’ integrated pest program, they often spray fungicide applications 12 times per year in order to yield fruits and vegetables. We don’t want to pollute the Earth, but we have to find a way to feed 9 billion people by 2050,” Obloj said. The company saw 10x sales growth in 2020, Uknes told TechCrunch.
When leaders from 193 countries created a plan labeled the Sustainable Development Goals (SDGs) in 2015, it was the beginning of a new era of hope and possibilities. The ambitious goals promised equitable, sustainable growth for today’s and tomorrow’s generations by 2030. percent a year through 2050. Fast forward to 2018.
Sweep found initial success offering a carbon management platform for large enterprises, helping them build science-based and data-driven climate programs. In addition to Coatue, which led the round, existing investors Balderton Capital, New Wave, La Famiglia and 2050 also participated in the round. Image Credits: Sweep. ”
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ZEBOX CEO Gwen Salley told TechCrunch that along with access to mentoring, experts, business opportunities and funding, its incubator program gives startups opportunities to test their solutions and work with large corporations. This is an especially critical area for CMA CGM Group, since its goal is to reach net zero carbon by 2050.
It’s a relatively low number; we’re talking 2 to 5% range for the cities of 2050. The pilot program will place the farms 15 meters deep, but GreenForges has plans and models for farms up to 30 meters deep. No one was asking the question, ‘Can we grow underground?’”. The grid likes steady supply.”.
A report from non-profit Endeavor predicts that the market size of Africa’s digital economy could reach $712 billion by 2050 , fuelled by the nation’s young population, rising smartphone adoption, and increasing internet penetration. Africa’s digital economy and tech ecosystem is experiencing exponential growth.
European Union (EU), China, and India all have strategic programs in place for a solid digital infrastructure on the African continent. The foreign direct investment (FDI) sector financed $30 billion in sustainability projects, often referred to as global greenfield megaprojects, according to the UNs latest World Investment Report.
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Near-term targets help spur action for significantly reducing emissions in the short-term (5-15 years), while long-term targets convey the overall destination of a businesses’ decarbonization journey and must be achieved no later than 2050. Sustainable businesses need sustainable supply chains. Carbon removals. COP27 and beyond.
In order for these innovations to be sustainable, corporations will need to integrate Social Innovation into their business strategy so that profits are tied to social innovation. billion by 2050. The future is full of social challenges that will drive a need for Social Innovation. billion in 2018 and is expected to grow to 9.8
driving change: inclusion as a key esg agenda Sreeram Yegappan 16 Mar 2023 Facebook Twitter Linkedin ESG transformation is the current buzzword across all industries, and Financial Services (FS) play a bigger role than most in building this sustainable future. However, FS still lags on the ‘S’ of ESG!
Digital engineering can deliver it Capgemini Engineering 16 Feb 2023 Facebook Twitter Linkedin The aviation industry is committed to net zero emissions by 2050. We support our clients in engineering sustainable products, from feasibility studies, to software selection, deployment, customization, and certification. Just ask automotive.
Conector offers a program of up to 6 months for digital tech startups that are at their very initial stages. It was born with the aim of becoming a leading space where people from different backgrounds meet talented peers to create the foundations of our society in 2050. Barcelona Activa. IOT congress. Quality of life.
help achieve sustainability goals. IATA programs: standards and regulations of different air transportation aspects. The Programs section includes a wide range of initiatives that regulate various aspects of the commercial aviation industry. Environment: working towards sustainability goals with Fly Net Zero, SAF, and offsets.
The IRA contains several major programs that aim to accelerate building electrification — the replacing of residential fossil fuel machines with electric equivalents. There are three major programs that incentivize building electrification. The second program (Sec. Projects cannot claim both this program and Sec.
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