The technology sector could generate US$800 billion in value by 2030 by focusing on nature, according to a World Economic Forum report.
According to an article by Modern Diplomacy, this is part of a larger potential US$10.1 trillion opportunity for the private sector through nature-positive solutions. Most of the US$800 billion is expected to come from energy and extractive activities, such as renewable energy expansion and circular manufacturing of electronics. Another significant portion is projected from infrastructure and building efficiency, with additional value from nature restoration and sustainable land use.
The tech sector is growing rapidly, driven by advancements in artificial intelligence, cloud computing, and other technologies, but its growth also has a considerable environmental impact, resulting in water use, pollution, waste, and greenhouse gas emissions. With over 1 trillion chips sold each year and a rising demand for data centres, which consume massive amounts of electricity, the environmental footprint of tech is significant. Semiconductor production alone uses over 1 trillion litres of water annually.
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