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Sustainability trends: 5 issues to watch in 2024

IBM Services

Many countries have committed to reaching net zero by 2050, aligning with the Paris Agreement’s goal to limit global warming to well below 2 degrees Celsius. trillion to the global economy by 2050. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

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Renewable energy trends and developments powering a cleaner future

IBM Services

The agency predicts that by 2025, renewable energy will surpass coal to become the world’s top source of electricity. And by 2028, 68 countries will boast renewables as their main source of power. In addition, solar PV is expected to be the dominant source of energy in the production of low-emissions or green hydrogen.

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Energy Systems of the Future

Infosys Consulting

Setting the stage for the conversation is the fact that: Energy Information Administration (EIA) projects there will be a demand for 50% more energy by 2050 based on today’s forecast. Transition to more efficient hydrocarbon sources and nuclear energy sources will also have a role.

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10 Countries Developing Green Industry for a More Profitable Tomorrow

Velocity Global

Eco-friendly governmental policies include promoting renewable energy sources, investing in low-emission transportation infrastructure, aligning tax structures with environmental goals, and more. Denmark’s plan aims for a 70% reduction in emissions by 2030 and full carbon-neutrality in 2050.

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AI roundtable on sustainability

Capgemini

AI is improving the efficiency of water and energy use in buildings, helping to reduce energy costs and greenhouse gas emissions. In transportation, AI is supporting efficient freight transport, optimized routes, and real-time traffic management. AI can also be used to fight climate change.

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The EU’s Corporate Sustainability Reporting Directive explained

IBM Services

CSRD will be mandatory for all large European companies and companies listed on the EU regulated markets, including EU subsidiaries of non-EU parent companies. CSRD is mandatory for all large European companies and those listed on the EU-regulated markets, including EU subsidiaries of non-EU parent companies.