Leaders and companies have been striving to be environmentally friendly to help climate change in more recent years. In 2021 G7 made climate risk disclosure mandatory. The most influential economies made it a point to have carbon reporting and disclosure play a role in their everyday business. Let’s take a look at how technology can help fight climate change in our world today.
With countless databases and systems connected to carbon-producing assets, the work needed to organize the data from various sources is very high. AIoT integration allowed real-time sources to show activity and data from various sources at the same time. This helps businesses and organizations to collect and transform data effectively. Whether for a report or emissions monitoring, AIoT can help enhance data quality within climate change.
Carbon offsetting and Integration
The carbon offset market is a vital part of reaching net-zero emissions for organizations all over the world. It’s estimated that by 2050 there will be a market around $200 billion. With that being said, carbon offsetting can be difficult in trading. Technology can support RECs in real-time and gives a marketplace for more affordable carbon offsetting. On the other hand, Offset integration can help provide global offets, easier trading of emissions, and reduce organization errors.
Carbon management solutions are necessary to meet the G7’s climate risk disclosures that are mandatory. They also provide this technology to reduce and manage carbon emissions in order to achieve the net-zero carbon pledges that came into play by corporations and governments all over. Since this is driven by strong economic and political agendas, real-time measurement and offset integration can help companies take action when it comes to meeting net-zero targets.
Abatement planning occurs when there is not enough accurate information for figuring out emissions that are obtained from various processes. AIoT technology plays a role in this by crafting insights and real-time data to help predict the emissions processes. Digging through data and analyzing various processes can be done with the help of AIoT to evaluate and optimize emissions predictions. Above all, abatement intelligence plays a vital role in lowering marginal costs.