Our Scans · (LF.9) Industry, Innovation and Infrastructure · Weekly Summary

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In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

• [New] Innovation optimists argue that, with the world's population expected to reach nearly 10 billion people by 2050, technologies like AI are humanity's best hope for surviving without destroying the planet. phys.org
• [New] Global heating will inflict economic losses on the global economy of $38 trillion a year by 2049 as extreme weather ravages agricultural yields, harms labour productivity, and destroys infrastructure. CleanTechnica
• [New] By addressing potential pitfalls, leveraging the power of collaboration, and prioritizing responsible AI development, Google has the potential to unlock transformative innovations that shape the future of technology, user experiences, and the global landscape. GizChina Media
• [New] The world and industry that Calgary is positioned to be a leader in managing climate change and is a city where industry can invest, confidently set up shop and transition to net-zero by 2050. https://www.calgary.ca
• [New] Global Gateway will aim at supporting the realization of strategic, sustainable and secure transport corridors and support value chains, services and jobs that can benefit industries in both Africa and Europe. Mobility and Transport
• [New] With quantum technologies poised to disrupt industries, transform economies, and address global challenges, the EU stands ready to lead the way in harnessing its transformative potential. Quantum Flagship
• [New] Influential industry groups are urging governments to push adoption of the legal entity identifier (LEI) system, arguing wider uptake could cut trade costs by US$100bn and widen access to financing for smaller companies. Global Trade Review (GTR)
• [New] The focus on infrastructure and technology is expected to propel India to stay on the curve of technological innovation, consolidate and solidify its position in the global supply chain. Economic Times
• [New] A new class of entrepreneurs could stimulate job creation, expand India's startup ecosystem, spur innovation, and promote youth participation. Times of Oman
• [New] The digital modernization of South African mines is a significant shift towards the Fourth Industrial Revolution with mining companies creating value and envisioning the future of work as they mature digitally. IT News Africa | Business Technology, Telecoms and Star
• [New] In order to create a sustainable energy mix, MUFG will provide strong support not only for renewable energy but also for the implementation of innovative technologies such as hydrogen / next-generation energy and carbon recycling. The Asian Banker
• [New] The Climate Ready Plan is part of Network Rail Scotland's Control Period 7 and says it will invest over £100M in earthworks, £100M in lineside infrastructure including drainage and over £40M in structures like bridges and tunnels. New Civil Engineer
• [New] Global industry leaders from North America, Asia and Europe have announced the formation of the North Pacific Green Corridor Consortium whose members and partners will work together to decarbonize the value chain for commodities between North America and Asia. SAFETY4SEA
• [New] Decarbonization is an opportunity to install the type of infrastructure that supports the vast majority of fast passenger train services around the world. MIT Technology Review
• [New] California is one of seven hydrogen hubs in the US, public-private partnerships that will receive billions of dollars in subsidies from the Infrastructure Investment and Jobs Act for developing hydrogen technologies. MIT Technology Review
• [New] America remains a global leader in life sciences investment and innovation, but access to healthcare in the US is uneven, regulations are uncertain, and the presidential election poses risks to Pharma. Pharmaphorum
• [New] By prioritising infrastructure investment and fostering collaboration between governments, private sector stakeholders, and development partners, Africa can unlock its full potential and achieve sustainable and inclusive development. Engineering News
• [New] With the potential for significant growth, the best new cryptocurrencies of 2024 hold the promise of reshaping industries, empowering users, and unlocking new possibilities in the digital asset space. Coinpedia Blockchain Fintech News
• [New] Green finance has the potential to reduce costs and increase efficiency, and the global community is gradually shifting from an industrial economy to a new era of digital economy. MDPI
• [New] Europe must seize the opportunity to become a global leader in the industrial internet, capitalizing on the potential of emerging technologies like AI, quantum computing, and 5G Standalone connectivity. IBM Newsroom
• [New] The statement from the technology leaders asserts that Europe has the potential to lead the industrial internet globally by harnessing emerging technologies such as artificial intelligence, quantum computing, and 5G Standalone connectivity. investing.com
• As Zimbabwe looks towards a future of economic growth and infrastructure development, initiatives like the ZBCA's Youth Desk will play a vital role in shaping the trajectory of the construction industry. The Standard
• Some industry groups and local officials are dissatisfied with EPA's new rules, questioning the economic burden placed on water systems and manufacturers and predicting that certain manufacturing industries will seek residence in countries with less stringent environmental protections. JD Supra

Last updated: 22 April 2024