The economic development causes zero or low greenhouse gas emission around the world affirms the low carbon economy. Any eco-friendly investment is part of a low carbon economy. At present the large number of high-tech industrial technologies emit high carbon in the air that causes global warming. Therefore, the present financial market is a high-carbon economy. The high-risk CO2 emission has been gradually destroying the climate harmony that needs to be reduced as soon as possible through taking effective measures. In this mechanism, the new industrial or business developments must follow eco-friendly measures. So, the forthcoming economic development will reduce the CO2 emission at zero or low level that is called the low-carbon economy.
Published in Chapter:
Sustainable Approaches of Blockchain Tech, Artificial Intelligence, and Climate Finance in the 4&5IR: Low Emission Technologies and Economy
Copyright: © 2023
|Pages: 32
DOI: 10.4018/978-1-6684-8361-9.ch004
Abstract
Save the green and live in the green should be the mottos of the modern high-tech world. Industry 4.0 introduces the most advanced automated technologies, but many of them cause high CO2 emissions around the globe that need strong compelling force because any catastrophic changes in the climate causes dreadful vandalization in the economy and society. This chapter discusses the climate-friendly economic and low-emission technological developments in the 4IR and 5IR by using the practical-sense mechanism. Reading this chapter will therefore increase the knowledge of blockchain technology (BT), artificial intelligence (AI), and climate finance in the low carbon economic sustainability. Furthermore, the proposed green development themes (i.e., hybrid green city and industrial layout, hybrid low emission agriculture farm) affirms the sustainable low carbon economic developments in the forthcoming Industry 5.0. Finally, the strategic recommendations will assist in developing the low carbon economy with the perfection of BT, AI, and global climate finance in the world.