We are combining our R&D expertise, capabilities and resources to establish a powerful green ICT project with some of the greatest innovators in Québec. Together, we will bring our creativity, know-how and ingenuity to bear to create a more prosperous green economy.
Québec’s landmark Equation Project is a unique calculation. It brings together the R&D expertise, capabilities and resources of many ICT innovators across the province with critical funding from the Government of Québec. It is a combination that will enable the development and adoption of new green technologies that deliver economic, social and environmental benefits to the citizens of Québec. It will help us unlock the digital economy of the future – a future that is powered by clean, green technologies.
And the opportunities are significant. Equation exploits the rare convergence of economic imperatives and environmental protection. According to a recent report published by the Global e-Sustainability Initiative (GeSI), green ICT has the potential to reduce global carbon emissions by 9.1 gigatons (GtCO2eq) by 2020. This amounts to US$1.9 trillion in gross energy and fuel savings. This is equivalent to the GDP of the Russian economy.
The carbon reductions and energy savings offered by green ICT solutions could be realized in sectors as diverse as agriculture, buildings, manufacturing, energy, transportation and consumer services.