Technology, climate change, and sustainability: everything, everywhere, all at the same time, globally.
The world needs 250 billion metric tons of carbon between now and 2030 to achieve the goal of limiting global temperature rise to 1.5°C, set out in the Paris Agreement.
This means an average of 42 billion tons per year, i.e., the carbon dioxide produced by countries such as Norway or Ecuador.
Technology is undoubtedly a crucial enabler to achieve this goal, and the Paris Agreement recognizes this, highlighting the need to develop and transfer climate technologies to improve resilience and reduce emissions.
Climate technologies, such as wind, solar, and hydropower, are helping to reduce greenhouse gas emissions, and the promise of hydrogen gives us even more hope. In addition, technologies such as drought-resistant crops and early warning systems help us adapt to the adverse effects of climate change.
The range of tools offered by technology to address climate change is very wide, from weather stations to drones and sensors to the integration of artificial intelligence.
These tools allow us to collect accurate data, monitor the weather in real-time, and take action to mitigate and adapt to the impacts of climate change. In addition, digital technology, such as artificial intelligence and big data analytics, helps us anticipate risks, identify efficient solutions, and make informed, data-driven decisions.
In the field of carbon markets, technology is revolutionizing the transparency and integrity of these operations. The incorporation of blockchain and smart contracts ensures reliable transactions and facilitates the verification and authentication of carbon credits.
In addition, technology should allow even small projects to participate in this market, and buyers should be confident in the transparency, quality, and integrity of the carbon projects and credits that are issued.
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Technology allows us to do "everything, everywhere, all at the same time, globally," and that is what we urgently need to make up for the delay we have had in meeting carbon emission reduction targets.
However, much of the technological innovation in the field of climate adaptation is happening in the global north, while the majority of people affected by the impacts of climate change are in the global south.
So it is very urgent that technology transfer be carried out in an efficient way, because the rich countries and large industries of the world are involved in the fight against climate change, but also the countries of the South, inhabited by millions of peasants who are striving to protect the forests and biodiversity that we still have left.
Beyond technology transfer, technological development in the global south must be financed. As technological solutions are developed in these regions, they will undoubtedly better meet the adaptation needs of their territories.
In conclusion, technology is an indispensable ally in our fight against climate change. Its ability to facilitate global collaboration, develop efficient solutions, predict risks, inform data-driven decision-making, and improve transparency and integrity in carbon markets makes it a critical pillar in our quest for a sustainable future.
It is through the synergy between digital innovation and concrete action on the ground that we can truly meet this global challenge and ensure a livable world for generations to come.