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At the heart of the climatechange challenge is the dependence on fossil fuels that is built into every sector, from buildings and vehicles to power plants and farm equipment, steel mills and breweries. With that built-in fossil fuel dependence comes locked-in greenhouse gas emissions. Such an alignment is possible.
Real estate technology-focused venture capital firm Fifth Wall announced today the $500 million close of its inaugural Climate Fund, aimed at investing in solutions to decarbonize the global real estate industry. The post Fifth Wall Raises $500 Million for Real Estate Decarbonization Venture Fund appeared first on ESG Today.
But the short-term crisis doesn’t change the inevitable, underlying logic of a rapid transition off fossil fuels. The European Union spent decades negotiating decarbonization strategies that were aggressive by international standards but still mild and equivocal compared to what the science of climatechange demands.
of Energy is backing 10 energy efficiency pilot p rojects that aim to transform thousands of homes and workplaces into resilient smartbuildings. DOE is providing $61 million for the "Connected Communities" program, which will equip buildings with smart controls, sensors, and analytics to reduce energy use, costs, and emissions.
As we emerge, we are learning how to build the capability to truly understand, qualitatively and quantitatively, our communities’ vulnerabilities against a much broader set of scenarios. In a way, we are seeing this crisis as an illustration of how expensive the failure to build resiliency can ultimately prove.
HVAC and climate control solutions company Trane Technologies announced that it has signed a definitive agreement to acquire BrainBox AI, which has developed an artificial intelligence and cloud-based building systems optimization tool aimed at helping building owners to accelerate decarbonization and reduce energy consumption.
The Intergovernmental Panel on ClimateChange (IPCC) has warned of ‘a rapidly closing window to secure a liveable future.’ The mobile industry can do two things to help address the climate crisis. Firstly, to rapidly decarbonize as a sector – something that Ericsson is supporting via our ambition. The takeaway.
Not only is the quick and efficient transition to decarbonized economies best for our planet, but it provides a once-in-a-lifetime business opportunity. Understanding the interoperability of a building’s systems allows for energy-optimized and sustainable outcomes at scale. View original content here. . .
Fifteen of the Future 50 companies produce sustainable consumer and business products – including seven companies involved in plant-based foods and three building electric vehicles domestically. And according to Victoria-based Audette Analytics, the sector “is far behind on the road to decarbonization.”
Not only is the quick and efficient transition to decarbonized economies best for our planet, but it provides a once-in-a-lifetime business opportunity. Understanding the interoperability of a building’s systems allows for energy-optimized and sustainable outcomes at scale.
And in 2008, Al Gore set a moonshot on climatechange – a challenge to produce every kilowatt of electricity through wind, sun, and other renewable energy sources within 10 years. Increasing the energy efficiency of our products and solutions and decarbonizing the grid are our top priorities – for Cisco and for our customers.
The ClimateChange Agreement, under which businesses receive a discount on their energy bills if efficiency targets are met, has been renewed until 2025. Of the more than 18,500 companies disclosing to CDP in 2022, roughly 7,000 said that they engaged their suppliers on climatechange issues. million homes.
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