Environmental impact
Carbon emissions are rapidly rising and need to be cut by at least 45% if the world is to avoid heating by 1.5℃, resulting in flooding of all major coastal cities1.
Governments have signed the Paris Agreement to reduce carbon emissions by 2050, however the rate of growth is making this difficult. AI applications can help companies reduce its environmental impact and get back on track in reaching the agreed objectives.
A report by PwC and Microsoft suggests that using AI could reduce the worldwide gas emissions of greenhouse gases by 4% by 2030, equivalent to the predicted annual emissions of Australia, Canada and Japan combined for the same year2. There are many use cases for AI and IoT to help organisations reduce their carbon footprint. New technologies can help monitor the emissions, predict future emissions, and with the right knowledge and data, make adjustments leading to reduction of the amount of carbon being generated.