Republic could become a ‘global leader’ in the decarbonisation of data centres, report states
'There is a unique opportunity for Ireland to lead the way in achieving net zero energy use in data centres and in shaping policy discussions'Ireland and consultants SustainabilityWorks, argues that greater levels of support for climate tech companies in the Republic could help the Coalition achieve itsOne area in which the Republic is uniquely suited to making a difference is around the carbon output from data centres, the report’s authors say.
Two climate tech investment firms quoted in the report, Systemiq Capital and Wake-Up Capital, say the Republic has unique “potential to bring together key stakeholders to address challenges and find solutions transparently”. The Republic has a “strong venture capital” ecosystem that has been able to identify talent in collaboration with universities, a key element in the success of indigenous financial and medical technology companies, the report states.
“Currently, there is not enough focus on climate as an economic opportunity,” said David McGee, environmental, social and governance leader at PwC Ireland.
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