Tech must lead on carbon neutrality

illuminem summarizes for you the essential news of the day. Read the full piece on GreenBiz or enjoy below:

🗞️ Driving the news: Tencent has launched TanLIVE, a digital platform aimed at fostering collaboration in the fight against climate change
• This initiative reflects the growing recognition of the tech industry's critical role in addressing environmental challenges through innovation, efficiency, and productivity

🔭 The context: The urgency of climate change necessitates rapid development of emerging climate technologies
• With the goal of capping global warming at 1.5 to 2 degrees Celsius by 2100, initiatives like TanLIVE are vital in accelerating progress and leveraging technology for environmental sustainability

🌍 Why it matters for the planet: TanLIVE represents a significant step in leveraging technology for climate action. By connecting professionals across various sectors, the platform aims to catalyze and streamline efforts towards achieving global climate objectives, essential for a sustainable future

⏭️ What's next: The tech industry is positioned as a leader in the transition to net-zero emissions, with commitments like Tencent's pledge for carbon neutrality and 100% green power by 2030
• The focus is on overcoming the "valley of death" in technology development and promoting synergy between digital advancements and decarbonization

💬 One quote: "The carbon challenge requires major structural transformations all over the world; achieving carbon neutrality hinges on the adoption of improved business models and more innovative operational approaches” (Hao Xu, Tencent)

📈 One stat: Cities, occupying only 3% of the Earth's land, are responsible for 72% of its greenhouse gas emissions, underscoring the importance of initiatives like the European Commission’s Cities Mission for climate neutrality

Click for more news covering the latest on green tech