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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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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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The EU’s Corporate Sustainability Reporting Directive explained

IBM Services

Longer term, the intended outcomes of CSRD will contribute to Europe’s 2050 climate-neutrality target, and European Green Deal objectives, such as providing a “globally competitive and resilient industry, renovated energy efficient buildings and cleaner energy and cutting-edge clean technological innovation.”

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Reducing financial risks of climate change with advanced data and modeling 

Capgemini

trillion by 2050. We aggregate and harmonize data from multiple sources, applying climate data science and machine learning on Google Cloud to deliver insights in Google Looker. A 2023 study calculated that climate change costs the world $16 million per hour, with the global annual cost estimated between $1.7 trillion and $3.1