And how about the fact that World Bank has sounded an alarm that climate change will leave 100 million people below the poverty level by 2030? Climate change is also one of the most serious risks to the economy besides its drastic effects on both the environment and people. Such a view manifests itself and deepens following the Covid-19 passing. Due to the pandemic, the world economy has been in a deep slump, raising questions about the post-Covid-19 future. A key solution may be the Green Energy Tech Economic Driver, which could lead recovery through sustainable innovation.
During that dialogue, 30 ministers of various nations in the world have reached a unanimous conclusion, which states that the economic recovery after the crisis that is caused by the Covid-19 needs to be of a type that is described as carbon-neutral, more resilient, and of a fairer and more inclusive nature.
What is green energy?
Moreover, along with other nations, Spain has joined the letter to Brussels aimed at making the European Green Deal, with the issues of digitalization, decarbonization, and resilience, the primary lever to recovery following the crisis that appeared due to the pandemic. The ministers of 13 European countries state that further investments are necessary as they do not only have to be made in this or that particular field but mainly in sustainable mobility, renewable energies, building rehabilitation, research and innovation, biodiversity recovery and the circular economy.
In this roadmap, technology is a key in catalyzing all the changes required in the fight against climate change, realization of Sustainable Development Goals (SDGs) established by UN and in building the green economy. Through that vision, Indra is working to develop solutions and services capable of carrying out that transition in 4 fronts with high climate change impact, in which it also has solutions that are world leaders: smart cities and sustainable building.
What is green energy’s impact on the economy?
Smart mobility and sustainable transport; green energy, smart grids, and renewables; Earth monitoring and natural resource protection. This software of intelligent cities called Minsait, which is a subsidiary of Indra Information Technologies, already achieved to cut irrigation water use by more than 35 percent and 45 percent in building and streetlights consumptions of energy.
Concerning the Earth surveillance and defense of resources, Indra in partnership with European Space Agency (ESA) has given solutions of Earth observation to the Indonesian city of Palu which has enhanced its ability to sustain the occurrences of Tsunamis. Countries save seven euros in economic loss per each euro.
What is the current and projected global market for energy?
Invested in the Indra technology which helps them decrease the vulnerability of the population to the effects of various disasters done by the utilization of the satellite technology. These are only some of the practical things that technology can accomplish so long as it aims to make this world more sustainable. Indra seeks to improve on this view and to incorporate sustainability at every single level of its organization, and within this framework, it formed a Sustainability Committee in its Board of Directors at the end of 2019, which chair is Silvia Iranzo.
What we intend to do is to make our governance system stronger and to enable sustainability criteria in decisions of the company. Moreover, we are bearing sustainability in mind which we would like it to be an asset that makes difference,” as Manuel Ausaverri, Director of Strategy, Innovation and Sustainability at Indra, explains. Besides re-reading and reaffirming its sustainability policy, Indra also possesses corporate policies that foster environmental respect and appreciation and similarly as part of its cultural change contemplates the idea of instilling a culture of environmental responsibility.
Conclusion
Amongst its professionals and stakeholders, by way of multiple awareness raising activities and including even the idea of environmental volunteering as one of its three lines of action in the same. These lines of action are something that we want to keep doing to stay a proactive participant in trying to change climate change and remain a top company in terms of sustainability worldwide as well as one of the participants of the economic recovery that is much more sustainable after the pandemic-created crisis. However, we also plan to create products and services that make our clients.
More sustainable in what they do or act upon in life, says Ausaverri. It is engaged in supporting the global sustainable development initiatives by the United Nations Sustainable Development Goals (SDGs), similarly to its subsidiary Minsait, which, in addition, is also acknowledged as one of the most sustainable and eco-friendly solutions by the analysts of Gartner or IDC.
