With the world requiring 250 billion tons of carbon reduction by 2030 to limit global temperature rise to 1.5°C, technological innovation emerges as a pivotal enabler. The Paris Agreement acknowledges this imperative, emphasizing the importance of developing and transferring climate technology to bolster resilience and curb emissions.

Technology offers a myriad of tools, from renewable energy sources like wind and solar power to advancements in agriculture and early warning systems. The integration of artificial intelligence, big data analytics, and blockchain technology not only enhances efficiency but also fosters transparency and integrity in carbon markets.

However, while much innovation originates in the global north, it’s imperative to ensure efficient technology transfer and financing to empower regions disproportionately affected by climate change.

In his last column in NTN24, Alexis Leroy, ALLCOT’s Founder & CEO, highlights the paramount importance of equitable technology transfer and financing in fostering global collaboration and meeting the challenges of climate change.

It’s only through concerted efforts and innovative solutions that we can build a sustainable future for generations to come.