In 2024, Sustainable Finance Live will showcase how AI technology is driving sustainable solutions. IBM and WWF’s collaboration highlights the power of using data analytics to track African elephant movement, aiding in conservation efforts and climate change mitigation. This innovative approach not only helps restore nature for endangered species but also contributes to carbon capture.
The project reveals that one African elephant can enhance the forest’s carbon capture capacity significantly, reducing carbon emissions by up to $1.75 million per elephant. The use of AI in identifying individual elephants from camera trap images has revolutionized monitoring and conservation efforts. Dr. Thomas Breuer, from WWF Germany, emphasizes the potential impact of this technology in obtaining precise population estimates and implementing conservation strategies like wildlife credits.
The upcoming Sustainable Finance Live conference on 8 October 2024 in London will delve into the importance of biodiversity and natural capital. The event’s agenda includes panel discussions, keynotes, workshops, a hackathon, and networking opportunities with industry experts. By focusing on the intersection of natural capital and technology, the conference aims to explore innovative solutions for a sustainable future.
