2022-11-10 | NYSE: IBM | Press release
- The initiative will support organizations such as the United Nations Development Programme, Sustainable Energy for All, Net Zero Atlantic, Miyakojima City Government and the Environment Without Borders Foundation for this IBM Sustainability Accelerator environmental cohort.
- IBM will donate $30 million of services by 2023 through the IBM Sustainability Accelerator program
ARMONK, NY and SHARM EL SHEIKH, Egypt, November 10, 2022 /PRNewswire/ –IBM (NYSE: IBM) announced today at COP27 new members of its global pro bono social impact program,IBM Sustainability Accelerator. This program applies IBM technologies, such as hybrid cloud and artificial intelligence, and an ecosystem of experts to improve and scale projects focused on populations vulnerable to environmental threats, including climate change. All new members will focus on accelerating clean energy projects. IBM previously announced its intention to select five organizations for this program each year and plans to provide $30 million value of services by the end of 2023.
According to the International Energy Agency, the impacts of the COVID-19 pandemic, disruptions to global supply chains and the diversion of fiscal resources to keep food and fuel prices affordable, have affected the pace of progress towards the United Nations Sustainable Development Goal (SDG 7) to ensure access to affordable, reliable, sustainable and modern energy by 2030.
“With IBM Sustainability Accelerator, we are bringing together experts and using innovative technologies to help address the toughest environmental challenges facing our planet; and the clean energy transition is a critical step right now,” said Justina Nixon Saintil, Vice President of Corporate Social Responsibility and ESG at IBM. “With this new cohort, helping marginalized communities gain fair and equitable access to sustainable energy resources not only helps the world achieve the UN’s SDG7 target, but can also contribute to the broader global energy transition. .”
After evaluating more than 100 submissions from around the world, IBM selected these organizations to become the program’s clean energy cohort:
- United Nations Development Program: UNDP works with IBM to increase access to sustainable, affordable and reliable energy in African countries, focusing on those furthest behind. The aim is to predict electricity access and develop the “Clean Electricity Equity Index” to better guide policy and investment decisions, using UNDP technical knowledge and expertise. Artificial Intelligence and Geospatial Analytics from IBM..
- Sustainable energy for all: IBM is working with Sustainable Energy for All to create an intelligent model to project energy needs based on current and future human activity. This model will be designed to help address key development challenges (e.g. lack of access to energy and poor health care) and support the development of sound infrastructure planning, such as electrification plans. IBM machine learning and IBM Cloud technology and expertise will be used to create and scale open access datasets and an energy needs model using temporal and spatial data. Kenya and India are explored as the first regions to pilot the model.
- Net Zero Atlantic: Net Zero Atlantic is collaborating with IBM to create an interactive digital tool that will geospatially display the environmental and socio-economic impacts of possible future energy systems for New Scotland. Ultimately, the goal is for Indigenous communities New Scotland to leverage advanced modeling capabilities to inform their contribution to energy and development planning. The tool aims to be easy to use, locally relevant and fast. It will be designed to produce easy-to-understand visual results using IBM technologies such as IBM Environmental Intelligence Suite and IBM Cloud.
- Miyakojima City Government: Miyakojima City Government is working with IBM to support the development of a renewable energy strategy including a microgrid on Miyakojima Island, a remote community facing severe climate challenges due to typhoons in Japan, with the aim of helping their inhabitants, who depend on a clean local environment for the tourism industry and agriculture. Miyakojima City Government and IBM will collaborate to leverage technologies such as weather data from IBM Environmental Intelligence Suite and IBM Cloud to model electricity demand and advise energy infrastructure development.
- Environment Without Borders Foundation: The collaboration of the Fondation Environnement Sans Frontières with IBM will aim to develop a platform to predict, monitor and communicate options for the use of clean energy in Egypt. The goal is to enable resilient and sustainable infrastructure and operations for clean energy in Egypt, helping people in isolated villages for whom energy is currently both expensive and unreliable. The clean energy management platform will be based on IBM Environmental Intelligence Suite and IBM Cloud.
The selection process considered the applicant’s commitment to supporting communities particularly vulnerable to environmental threats, its ability to increase access to affordable clean energy services, its strategic focus and transparency in measurement and report, among others.
About IBM Sustainability Accelerator
Launched in February 2022, the IBM Sustainability Accelerator is a social impact program that tackles multiple environmental threats around the world each year. The accelerator selects 5 projects to scale solutions that benefit communities facing challenges such as climate change, pollution, extreme weather, etc. The program currently has two active cohorts; the first focuses on sustainable agriculture and the second on clean energy.
For more information, visit https://www.ibm.com/impact/initiatives/ibm-sustainability-accelerator
Carmen San Segundo
Director of Global Communications, CSR and Sustainable Development
Goodtech Media Relations Manager
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