September 22, 2023

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COP21: Green Technology at the Forefront of Discussions, Mission Innovation for International Clean Tech, India and France initiate Global Solar Alliance

COP21: Green Technology at the Forefront of Discussions

The formation of “Mission Innovation”, a public private partnership, was announced at COP21 climate conference being held in France on Monday. This partnership aims to curb climate change through great investment in clean and sustainable technology innovation in the upcoming years.

Mission Innovation is a group of 19 countries and 28 of the world’s richest investors, pledging to contribute billions in investment, in order to support innovative developments in clean technology.

Microsoft co-founder and Philanthropist Bill Gates announced the establishment of this ‘breakthrough energy coalition on the first eve of the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21), where talks are being held on how the world must address this growing impediment.

Mr. Gates believes that clean energy technology is the solution which will save us all, which accounts for his dedication to the cause. The group of private investors will be contributing $7 billion towards clean energy research and development.

Leaders from the world’s biggest carbon emitters, including China, the United States, and India, have pledged to double their government investments in clean energy research over the next few years. Prime Minister Justin Trudeau stepped up to the plate and announced that Canada would commit $300 million a year towards clean tech innovation.

Modi and Hollande launch Global Solar Alliance

Indian Prime Minister Narendra Modi and French President Francois Hollande jointly initiated the International Solar Alliance (ISA) at COP21 on 1 December. ISA would allow for countries to share technology access and best practices amongst each other.

The end goal is to support renewable energy policy-making and provide members with the tools to further curb the growth of climate change. In turn, this will reduce costs and resources for countries that previously could not support these measures.

Over 100 countries have joined into the alliance, including China, France, and the United States.

It was reported that Mr. Tim Buckley, Director of Energy Finance Studies, Australasia at the Institute for Energy Economics and Financial Analysis (IEEFA), stated, ‘’Till now, most of the foreign investments have come into India from private sources. Only around US$0.5 billion has come in through official channels, multi-lateral and bi-lateral financing agencies. Enhancement of flows from this channel will further boost the efforts of private enterprise, and the adoption of green power in India.”

India’s Prime Minister is set to spearhead the ISA, as it is one of his aims to position India as a leader of renewable energy tech development. He has already set a target to create 175GW of renewable capacity by 2022.

“We need research and innovation to make renewable energy much cheaper; more reliable; and, easier to connect to transmission grids,” stated Modi at the Innovation Summit in COP21, “This partnership will combine the responsibility of governments with the innovative capacity of the private sector. We will double our investments in research and innovation; and, deepen collaboration among ourselves.”

It is hoped that the ISA will help improve the capacity of developing countries in adopting renewable technology to combat climate change risk and effects. Through proper resource allocation and global knowledge sharing, the ISA has a lot of potential to curb the effect of global warming for those most vulnerable countries.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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