In its Five Year Progress Report, the Climate Technology Centre and Network (CTCN) has announced that 137 technology solutions have been delivered or are under way in 79 countries. Two thousand five hundred people have been trained and over 10 million tonnes of CO₂eq are expected to be reduced per year with the completion of mitigation-related projects.
The CTCN promotes the accelerated development and transfer of climate technologies for energy-efficient, low-carbon and climate-resilient development. It is the implementation arm of the UN Framework Convention on Climate Change (UNFCCC) Technology Mechanism and is hosted and managed by UN Environment and the United Nations Industrial Development Organization (UNIDO).
With an original investment of US$40m, the CTCN’s technical assistance has leveraged US$670m in anticipated funding for developing countries’ technology implementation.
“Accelerating the deployment of clean and green technologies is crucial for realizing the aims of the Paris Agreement and the Sustainable Development Goals. Over the past five years, the CTCN has served as a powerful example of a UNFCCC mechanism connecting developing countries to the innovative and relevant technologies they seek,” said Patricia Espinosa, Executive Secretary of the UNFCCC.
“Over the last five years, the CTCN has provided targeted interventions to help countries meet their national climate change commitments – through its technology assistance, capacity building programmes and knowledge sharing initiatives. UNIDO is proud to support the Centre in its climate technology transfer mission,” said LI Yong, Director General of UNIDO.
The country-driven nature of the CTCN, with 160 National Designated Entities identifying climate technology needs based on goals set forth in Nationally Determined Contributions and National Adaptation Plans, is closely aligned with the Paris Agreement.
“Our interventions identify the best possible technology options for climate action, and support policy development and resource mobilization to enhance their uptake. Experience from the last five years has taught us that pairing technology expertise with local knowledge is essential, scalability is important and that relationships matter,” emphasized Jukka Uosukainen, Director of the CTCN.
The Climate Technology Centre and Network (CTCN) utilizes the expertise of a global network of over 460 civil society, finance, private sector, and research institutions, to deliver technical assistance and capacity building at the request of developing countries.
Report: Deloitte named a global leader in Internet of Things
Deloitte has been named a global leader in Internet of Things (IoT) services in Forrester’s recent report The Forrester Wave™: Global IoT Services For Connected Business Operations, Q4 2018. Deloitte received the highest scores in the Current Offering and Strategy categories.
According to Forrester, businesses are turning to IoT solutions and linking IoT to their broader digital transformation efforts with a focus on business operations and IoT-enabled connected products.
The report’s vendor profile on Deloitte states, “Deloitte offers a breadth of IoT assessment, implementation, and operations services. Its global IoT practice includes engineers, data scientists, cybersecurity analysts, and consultants dedicated to helping clients address their IoT service requirements.”
Forrester identified the 14 most significant providers of global IoT services for connected business operations and researched, analyzed, and scored them based on a 27-criterion evaluation. This report shows how each provider measures up and helps infrastructure and operations professionals make the right choice.
The report also notes, “leading services firms are moving aggressively to fulfill IoT’s potential. In doing so, they’re helping expand IoT’s potential contribution to business value.”
“Clients recognize the opportunity to use IoT to enable digital supply networks and fundamentally change how businesses operate. Deloitte is pleased to work alongside them to imagine, deliver, and run their future and help create insights-driven organizations,” said Andy Daecher, principal, Deloitte Consulting LLP and Deloitte Digital IoT practice leader. “Deloitte is honored to be named a leader by Forrester in global IoT services. We believe it’s a testament to the breadth of services we can offer clients as they bridge the gap between the physical and digital worlds.”
Additional findings in the Forrester report about Deloitte:
- “Its insights-driven organization method focuses on IoT-enabled equipment maintenance, asset visibility, fleet optimization, and process automation issues.”
- “Deloitte offers predesigned IoT solutions for predictive maintenance, asset tracking, and asset performance management as well as a dedicated IoT DevOps practice that supports solutions to monitor network connectivity between connected edge devices and machinery programmable logic controllers (PLCs).”
- “[Deloitte] sees great opportunity for growth in its Smart Factory solutions, which combine multiple use cases, including security, fleet management, asset management, predictive maintenance, inventory and warehouse management, supply chain, and track-and-trace capabilities.”
EU steps up WTO action against China’s forced technology transfers
The European Union challenged today in the World Trade Organisation (WTO) the systemic practices that force European companies to give up sensitive technology and know-how as a precondition for doing business in China. This legal action builds up on a case launched by the EU in June 2018.
With this move, the EU significantly broadens and deepens the scope of its WTO action against Chinese measures on forced technology transfers. This step is taken in the light of additional findings concerning the incompatibility of the Chinese measures on the approval of investments and the protection of foreign companies’ intellectual property rights with the agreed multilateral rules.
Commissioner for Trade Cecilia Malmström said: “We cannot tolerate that EU companies have to give away valuable technology as a price to pay for investing in China. This clearly goes against the rules that China committed itself to when it joined the WTO. Today, we launch a broader and more systemic legal challenge against this illegal practice, as we believe that it is a major issue affecting European companies doing business in China. This is a matter that can and should be solved within the international, multilateral framework.”
In its revised request to the WTO, the EU is challenging Chinese laws that regulate:
– the approval of investments in the areas of electric vehicles (New Energy Vehicles) and biotechnology (crop seeds), part of the strategic sectors of Made in China 2025 plan,
– the approval of joint ventures across sectors,
as they impose performance requirements on foreign companies operating in China, and restrict the economic and contractual freedom of foreign companies on investments and technology transfers.
The so-called performance requirements force or induce European companies to transfer technology to their joint ventures with Chinese partners in exchange for the necessary administrative approvals by the Chinese authorities. Foreign companies are also required to carry out research and development activities in China.
At the time of joining the WTO China committed not to impose performance requirements in exchange for investment approvals, and to preserve the contractual freedom of companies in China, in particular in the context of investments and technology transfers. The EU maintains therefore that the Chinese current policy measures are in violation of the China’s legal commitments.
The measures challenged today come on top of what the EU had covered in its initial legal action triggered in June 2018. The previous request targeted provisions of the Technology Import and Export Regulation (“TIER”) and the Regulation for the Implementation of the Law on Chinese-Foreign Equity Joint Ventures (“JV Regulation”), as they go against the WTO rules of equal treatment for national and foreign companies and unduly restrict the rights of EU companies, among others in relation to patents.
The request for consultations formally initiates the WTO dispute settlement proceedings. If consultations do not reach a satisfactory solution within 60 days, the EU may request the WTO to set up a panel to rule on the compatibility of China’s measures with WTO rules.
New Policies Required to Unlock Full Potential of the Fourth Industrial Revolution in the Arab World
Leaders from business, government, start-ups and venture capitalists are meeting in Manama, Bahrain, to understand and positively shape the Fourth Industrial Revolution in the Arab World so that it serves all parts of society.
Held under the theme “The Arab World in the Fourth Industrial Revolution”, the meeting marks the launch of the next phase of the World Economic Forum’s work on the digital agenda for the Arab world. It is supported by a strong mandate from the Forum’s Regional Business Council on the Middle East and North Africa. The aim is to narrow the gap between the region’s technological potential and the policy agenda required to realize it. Its first phase is focused on exploring innovative approaches that are being tried and tested to harness the benefits of technological advancement in the Arab world.
“In the context of the rapidly spreading Fourth Industrial Revolution, the engagement of key stakeholders has never been more important than today. Reaping the benefits of new technologies while maintaining trust, requires the collaborative efforts of government, businesses and other actors in society,” said Mirek Dušek, Deputy Head of the Centre for Regional and Geopolitical Affairs of the World Economic Forum.
Recent technological advances have the potential to fundamentally redefine Arab economies. Participants will address necessary policy challenges in three key areas: E-commerce, data flows and new technologies for the Arab World.
“Just as with business, governments that fail to keep pace with immense technological change risk falling behind. Those that embrace change, adapt to change, and anticipate change will emerge winners. This is why in Bahrain we are finding new ways of ensuring the public and private sectors collaborate, as failing to harness all our talents to control the Fourth Industrial Revolution will risk us missing out on the undoubted benefits it can enable,” said Kamal Bin Ahmed Mohammed, Minister of Transportation and Telecommunications of Bahrain.
Khalid Al Rumaihi, Chief Executive Officer of the Bahrain Economic Development Board and current Chair of the Regional Business Council for the Middle East and North Africa added: “Our partnership with the World Economic Forum’s Centre for the Fourth Industrial Revolution on Cross Border Data Flow exemplifies Bahrain’s vision and commitment to be at the forefront of technical change, but also to help craft region-wide solutions.”
Trump’s Biggest Lie?
(NOTE: Remarks from U.S. President Donald Trump that will be considered as representing possibly his biggest lie will here be...
The Art of Architecture and Garden Design
Exploring Hangzhou is like walking through a Chinese watercolour painting, enchantingly brought to life. The capital of China during the...
Zimbabwe awaits Russian investors
Like many African countries, Zimbabwe’s economy needs sustainable resuscitation. On his mid-January official working visit to Moscow, President Emmerson Mnangagwa...
Inside the Beltway: Iran hardliners vs Iran hardliners
Alarm bells went off last September in Washington’s corridors of power when John Bolton’s national security council asked the Pentagon...
Colour revolution in Republika Srpska
On 18 March 2018, 21 year old David Dragicevic went out with his friends around 7 p.m., but never returned...
Getting around sanctions with crypto-rial
In April 2018, the Central Bank of Iran banned domestic banks and people from dealing in foreign cryptocurrency because of...
Will Pakistan go to IMF finally?
International Monetary Fund (IMF) was created just after World War II (WWII) in 1945. It was the time of re-organization...
- Centre and Calm Yourself and Spirit on Restorative Yoga Energy Trail
- Queen Rania of Jordan Wears Ralph & Russo Ready-To-Wear
- OMEGA watches land on-screen in Universal Pictures’ new film First Man
- Experience the Prada Parfum’s Way of Travelling at Qatar Duty Free
- ‘Get Carried Away’ With Luxurious Villa Stays and Complimentary Private Jet Flights
Middle East3 days ago
‘Gadkari effect’ on growing Iran-India relations
Europe2 days ago
The Rise of Far Right Populism in Europe Ahead of EU Elections
South Asia2 days ago
Pakistan Securing Its Maritime Interest and CPEC
Newsdesk2 days ago
Is Haiti better prepared for disasters, nine years on from the 2010 earthquake?
Africa2 days ago
The Endless Debate about Russia’s Policy in Africa
Newsdesk3 days ago
UN welcomes progress in former Yugoslav Republic of Macedonia naming dispute
Newsdesk2 days ago
Making Globalization Work: Climate, Inclusiveness and International Governance Top Agenda of the WEF 2019
Science & Technology2 days ago
Science and society: Mind the gap