Report on “Smart 2020: Enabling the low carbon economy in the information age”
Posted in Research by Ferne Edwards on February 24th, 2009
Transformation in the way people and businesses use technology could reduce annual man-made global emissions by 15 per cent by 2020 and deliver energy efficiency savings to global businesses of over EUR 500 billion (AUD 980 billion), according to a new report published by independent non-profit The °Climate Group and the Global e-Sustainability Initiative (GeSI).
The report â€“ SMART 2020: enabling the low carbon economy in the information age â€“ is the worlds first comprehensive global study of the Information and Communication Technology (ICT) sectors growing significance for the worlds climate. The reports supporting analysis, conducted independently by international management consultants McKinsey & Company, shows that while ICTs own sector footprint – currently two per cent of global emissions – will almost double by 2020, ICTs unique ability to monitor and maximise energy efficiency both within and outside of its own sector could cut CO2 emissions by up to five times this amount. This represents a saving of 7.8 Giga-tonnes of carbon dioxide equivalent (GtCO2e) by 2020 â€“ greater than the current annual emissions of either the US or China.
To read the full report click here.