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Resilient CEOs prioritize AI investments now and decarbonization next

CEOs are feeling more hopeful about their immediate prospects and the actions they need to take now to create capital for investment in future growth. But in a challenging market, there remains a focus on short-term returns. Respondents indicated that longer-term ambitions around decarbonization and the creation of new revenue

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Qatar achieves SDG 6 on clean water and sanitation for all

Qatar achieves SDG 6 on clean water and sanitation for all

By Sanaullah Ataullah | The Peninsula Qatar has achieved the indicators of Sustainable Development Goal (SDG) 6 on water and sanitation by ensuring the access to clean water and sanitation for all in the country, said Kahramaa chief. SDG 6 envisions “clean water and sanitation for all”. It is one of

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Global and regional leaders called for a decisive plan to encourage further ingenuity and to tap into emerging technologies and digital innovation to bolster the huge effort required to achieve the Sustainable Development Goals by 2030 as the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) opened its 80th session in Bangkok today. “Intelligently deployed and properly governed digital solutions, based on a common understanding, shared approaches and collaborative governance, form the foundations for the collective push necessary for the attainment of the 2030 Agenda for Sustainable Development,” said Armida Salsiah Alisjahbana, UN Under-Secretary-General and Executive Secretary of ESCAP. Asia and the Pacific is at the forefront of a global digital transformation. Innovations in cognitive digital technologies, digital finance, government technology and the Internet of Things are reshaping the way we do business, deliver public services and protect people and the planet. In the finance sector alone, the value of digital transactions is projected to reach $6.7 trillion by 2026. “We need transformative change. Digital innovation has become a vital tool for us all to achieve that change. At the same time, we must ensure that digital innovations benefit all and truly contribute toward sustainable development,” said Srettha Thavisin, Prime Minister of Thailand. Dennis Francis, President of the United Nations General Assembly underscored the importance of digital inclusivity and closing the digital divide: “In today's world, access to smartphones and digital connectivity can no longer remain luxuries for a few – but necessities, in fact, tools for all.” Heads of State and Government from Bangladesh, Cambodia, Lao People’s Democratic Republic and the Philippines also made remarks at the session. They underscored several priorities for governments to focus on when it comes to leveraging digital innovation such as inclusive policies to bridge the digital divide and persistent inequalities, more effective resource mobilization and financing, and strengthening regional cooperation and knowledge-sharing. Through illustrative case studies, the theme study of the 80th session further explores how current and emerging digital innovations can address pressing issues like climate change, poverty eradication and gender equality. It also examines how governments can create enabling environments and proposes a framework to understand the interlinkages between digital innovations and sustainable development. “We must be mindful of the challenges that lie ahead. Issues such as the digital divide, data privacy and cybersecurity must be addressed to ensure that the benefits of technology are accessible to all and that our digital infrastructure is resilient and secure. This is why the deliberations of the eightieth session of the Commission are so critical for the region,” said Mongolian Foreign Affairs Minister Battsetseg Batmunkh, who was elected Chair of the session. More than 800 participants from 61 member States, associate members and permanent observers as well as representatives from academia, international organizations, youth, business and civil society are attending the session this week. It is expected to culminate on Friday with the endorsement of four resolutions covering, among others, digital innovation and sustainable development in countries in special situations.

UN policy forum opens with call for region to embrace digital opportunities and innovate for sustainable development

Global and regional leaders called for a decisive plan to encourage further ingenuity and to tap into emerging technologies and digital innovation to bolster the huge effort required to achieve the Sustainable Development Goals by 2030 as the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

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Is Tech the Earth's best Ally

Is Technology the Earth’s best Ally

Earth Day serves as a poignant reminder that stakes from climate change and decarbonization have never been higher—and decarbonization has never been more critical. But decarbonizing the global economy to reach net zero is no simple feat: our research indicates the transition could require an additional $3.5 trillion in annual

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VCs Show Them the Money

VCs Fund Sustainability Software Startups, Carbon Accounting SaaS Platforms for CSRD Compliance

Multiple startups, backed by angel investors and venture capitalists, continue to build and launch SaaS-based software platforms to address carbon accounting, regulations such as CSRD (Corporate Sustainability Reporting Directive), and key vertical market opportunities. The latest business moves involve such startups as BeCause, Coolset, Cozero, and Sumday. Here’s a sampling of their strategies, and early clues

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2024 predictions for Cloud Sustainability

2024 Predictions for Cloud Sustainability & Green Data Centers

How will the cloud services market further evolve to potentially address sustainability, green IT services and circular economy business needs in 2024? We’re glad you asked. Here are 10 sustainability-related predictions describing what may be next for public cloud service providers (Amazon Web Services, Microsoft Azure, Google Cloud, etc), co-location

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Sustainability and AI

Sustainability and AI

The use of generative AI is growing rapidly, being adopted across numerous industries and reaching more users worldwide. As generative AI models become more complex and larger in scale, it is crucial that efforts are made to minimize their environmental impact. This requires continuous work to reduce energy usage and

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2024 Tech Deals in Sustainability

2024 Tech Deals in Sustainability

Mergers and Acquisitions M&A (merger and acquisition) activity in the sustainability market remains steady. Here are regularly updated lists tracking sustainability business buyers, sellers, private equity investors and more. Annual Lists: Sustainability Mergers and Acquisitions Monthly Lists: Sustainability M&A Deals M&A Deals That We Cover We track M&A deals involving:

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“CEOs Prioritize Sustainability in Response to Evolving Economic Landscape”

CEOs Prioritize Sustainability in Response to Evolving Economic Landscape

In the ever-changing landscape of business, CEOs in the United States are navigating a complex web of challenges and opportunities. With a strategic eye on sustainability, they are proactively addressing the demands of the modern economy while staying true to their long-term visions. CEO Outlook Survey Insights According to the

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