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Countries leading the way Governments around the world are taking strides to increase production and use of alternative energy to meet energy consumption demands. Additionally, many governments see renewable energy as a way to improve their economies through job creation and investment, and public health by reducing air pollution.
Its aggressive sustainability goals included achieving net zero emissions by 2050, making all packaging reusable or recyclable by 2025 and investing more than USD 3 billion globally over several years to drive momentum.
The market for sustainable technology is experiencing unprecedented growth, driven by several compelling factors: Economic benefits : Sustainable technology delivers cost savings and operational efficiencies. McKinsey reports that companies adopting sustainable practices can reduce operatingcosts by up to 60%.
Digital engineering can deliver it Capgemini Engineering 16 Feb 2023 Facebook Twitter Linkedin The aviation industry is committed to net zero emissions by 2050. It could rapidly experiment, keep operationalcosts low, and launch products faster than competitors. Achieving Net Zero aviation will need rapid innovation.
The circular economy is already being implemented by some businesses and governments worldwide. A circular economy is vital to protect our environment, but requires cooperation from consumers, governments, and businesses alike. Case studies have found that there may be more plastic in the ocean than fish by 2050.
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