How Data Will Help Cities Fight the Climate Crisis

Rhea-AI Summary

Earth Day highlights the important role of data and technology in combating climate change, especially in urban areas. Cities, occupying just 3% of the world's land, consume 60% to 80% of energy and produce 75% of global carbon emissions. With urban populations set to rise, emissions could potentially double by 2050. Mastercard emphasizes the importance of innovative technological solutions to address this growing problem. The company aims to connect and power an inclusive, digital economy that can benefit everyone. For further details, visit their ESG storytelling platform on 3blmedia.com.

Positive

• Cities’ high energy consumption and carbon emissions underscore the urgent need for innovative technological solutions.
• Mastercard's focus on connecting and powering an inclusive digital economy aligns with global sustainability goals.
• Mastercard's involvement in developing sustainable solutions can enhance its brand reputation and attract environmentally conscious investors.

Negative

• Urban emissions could potentially double by 2050, posing a significant challenge.
• The press release lacks specific details on actionable steps or technological solutions Mastercard is implementing.

Earth Day is a good opportunity to see how data and technology can improve sustainability.

NORTHAMPTON, MA / ACCESSWIRE / May 17, 2024 / Mastercard
Originally published by Fast Company

BY KEN MOORE

Even with Earth Day in the rearview mirror, it's still clear that the fight to counter the climate crisis will be won or lost in the world's cities-and the innovative use of emerging technologies is one of our most powerful tools.

Cities occupy 3% of the world's land but use 60% to 80% of energy consumption. Cities also emit 75% of the world's carbon. This problem will intensify as urban populations expand in the coming years: Urban emissions could double by 2050.

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Follow along Mastercard's journey to connect and power an inclusive, digital economy that benefits everyone, everywhere.

Source Images: Andriy Onufriyenko/Getty Images

View additional multimedia and more ESG storytelling from Mastercard on 3blmedia.com.

Contact Info:
Spokesperson: Mastercard
Website: https://www.3blmedia.com/profiles/mastercard
Email: info@3blmedia.com

SOURCE: Mastercard

View the original press release on accesswire.com

FAQ

How will data help cities fight the climate crisis?

Data and technology can enhance sustainability in urban areas by optimizing energy consumption and reducing carbon emissions.

What is the current energy consumption of cities?

Cities consume between 60% to 80% of global energy.

What percentage of global carbon emissions do cities produce?

Cities are responsible for 75% of the world's carbon emissions.

What could happen to urban emissions by 2050?

Urban emissions could potentially double by 2050 if current trends continue.

How is Mastercard contributing to the fight against climate change?

Mastercard is focusing on using data and technology to connect and power an inclusive, digital economy aimed at sustainability.