Large corporations had implemented clean and renewables technologies to reduce their carbon and pollution footprints. A few tech firms are trying to become more sustainable internally and through their consumer-facing goods to offset the vast amount of waste.
The effect of these initiatives will significantly reduce the amount of electronic waste in dumpsites and the tech industry’s overall footprint. China, Australia, and India are among the countries that lead the renewable energy market in the Asia-Pacific region. The growing investments in the production of renewable energy contributed to this market dominance.
Australia concentrated on solar and wind energy production, while China invested heavily in renewable energy facilities. In the APAC area, India, on the other hand, had the highest renewable energy attractiveness score in 2018.
On the other hand, Cambodia and Taiwan saw substantial increases in renewable energy capacity investments in 2019.
Amazon’s Fifth Renewables Project in APAC Region
Amazon officially unveiled its fifth renewables project in the Asia-Pacific region, this one in Singapore. It’s part of the company’s pledge to invest in solar and wind projects worldwide.
In a long-term deal, the giant e-commerce firm will collaborate with Sunseap Group to export 62 megawatts of renewable energy to Singapore’s electricity grids.
The solar project will be one of the largest aggregated portable solar systems planned and constructed in Singapore when completed in 2022. It will provide renewable energy to Amazon’s headquarters, fulfilment centres, and AWS data centres, which serve millions of customers worldwide.
Using Blockchain Tech to The Climate Initiative
Ant Group has committed to being carbon neutral by 2030 thanks to technical advancements and the urgent global initiative to combat climate change.
It will also establish a carbon neutrality fund to support renewable energy and other green technology research and development. It will also cooperate with business partners to foster green finance. Ant Group will also look at ways to apply blockchain technology to the climate initiative, such as tracking the carbon reduction process.
Putting in place sustainable practices and enhancing their ability to calculate and report their environmental impact will help these businesses understand ecological risks and improve their ability to handle them.