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How Digital Transformation is Greening the Power Sector

David Thomason Digital solutions are delivering environmental benefits across the power and utility sector in different ways, whether by improving asset efficiency, increasing overall business value, or strengthening ESG reporting says David Thomason, Industry Principal – Power Generation at AVEVA. The power sector is increasingly under pressure to find newer, cleaner ways of producing, storing, and distributing power as environmental, social and governance (ESG) regulations begin to take effect. In recognition of this fundamental imperative, utility leaders are already adjusting their business models to maintain their social license to operate while simultaneously protecting their financial outcomes.  As in other industries, digital tools offer the opportunity to reconcile these ambi...

The Future for Sustainable Mining in Africa Lies in Circular Thinking

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Dovu leads HBAR Foundation’s $100M charge into climate conservation efforts

The HBAR Foundation was created last year by distributed ledger firm Hedera Hashgraph Dovu will be the first entity to receive capital from the Fund The HBAR Foundation, a charitable and independent affiliate of distributed ledger network Hedera Hashgraph has received a $100 million boost aimed at climate-focused initiatives as the firm aims to achieve sustainability. The Foundation explained that the Fund launched as there is a massive “need for greater transparency, auditability, and efficiency of industry impact on the global environment.” A climate-focused fund The Sustainable Impact Fund (SIF) will promote environmental consciousness by developing initiatives to work around carbon removal and offsets, carbon emissions, and other environment conservative activities. “We are excited to ...

Ai Technology To Contribute Up To 70% Of Carbon Emissions Reductions By 2060

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Pope commits Vatican to net zero carbon emissions by 2050

Pope Francis urged countries on Saturday to work towards net zero carbon emissions and committed Vatican City – the world’s smallest state – to reaching the target by 2050. Francis, who has championed environmental causes since his election in 2013, told a U.N. climate summit the 108-acre (44-hectare) city-state surrounded by Rome would be doing its bit to fight climate change. “The current pandemic and climate change, which are not only environmentally relevant, but also ethically, socially, economically and politically, affect, above all, the lives of the poorest and most fragile,” he said in a video message to the summit. “In addition to adopting some measures that cannot be postponed any longer, a strategy is needed to reduce net emissions to zero,” Francis said. He committed the Vatic...

Four finalists compete for Time’s Person of the Year for 2020

Time Magazine names its Person of the Year for 2020 on Thursday, choosing the winner from nominees that include healthcare workers battling the COVID-19 pandemic, the racial justice movement and two U.S. presidential election winners. The news magazine will reveal at 10 p.m. Eastern its selection for the title that signifies “who affected the news or our lives the most, for better or worse,” Time said on its website. Teenage climate activist Greta Thunberg last year became the youngest individual winner of the accolade. The 16-year-old Swede inspired young people to take action in 2019 against climate change, grabbing headlines when she regularly skipped school to demonstrate outside Swedish parliament in a push for her government to curb carbon emissions. The Person of the Year is usually...