AI may lower emission costs by $2tn – World Bank

The World Bank has revealed that Artificial Intelligence could help reduce the capital requirements for transitioning to a net-zero economy by as much as $2tn. In its latest “Net-Zero Industry Tracker 2024 Edition” report, the bank stated that AI, particularly generative AI, could improve capital efficiency by 5-7 per cent, offering substantial savings for hard-to-abate

Read More