SPONSORED: How the Digital Circular Economy Can Help Us Get to Carbon Neutrality from AlibabaGroup
The climate crisis requires that economies achieve net zero carbon emission by 2050. However, average annual greenhouse gas emissions during the 2010s have continued to increase, according to the United Nations’Most climate policies have focused on accelerating the supply-side transition of energy away from fossil fuels, reducing carbon emissions from production, and decarbonizing investments and financial markets.
Coupling digitalization and the circular economy is a key strategy for countries to develop their economies while decoupling gross domestic product and the consumption of fossil-based energies, the Luohan Academy report notes. This approach undergirds a more sustainable model that can lead us closer to achieving the net-zero goal.The world needs more studies and research on the critical question of how to reduce GHGs while maintaining GDP growth.
Clouds all deploy leading technologies in power management, cooling, and hardware and computing efficiency; adopt high levels of renewable energies; and keep improving hardware circularity. During the 2010s, while global data centers grew more than sixfold, cloud computing helped limit the annual increase of energy use to a mere 6%.
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