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Amplifying the Global Value of Earth Observation
May 22 , 2024
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- The report released by the World Economic Forum delves into the economic potential of Earth Observation (EO) technologies across various sectors.
- Greater adoption of Earth Observation data and technology can boost global growth by adding up to $3.8 trillion to global GDP.
- The global value of Earth observation data is projected to increase from $266 billion to over $700 billion by 2030.
- Earth Observation Data has the potential to reduce greenhouse gas emissions by up to 2.2 gigatonnes annually, which is equal to the emissions of 476 million cars.
- The Asia Pacific region will be the leader in capturing the value of EO, potentially reaching $315 billion by 2030.
- Earth Observation is the process of collecting information about activities and characteristics on Earth which includes physical, chemical, biological and anthropogenic (human) systems.
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