Circular Economy 2030 seeks original projects that benefit any aspect of the global economy based on the Sustainable Development Goals established by the UN
Google Cloud and SAP announced during the World Economic Forum in Davos, Switzerland, a global social entrepreneurship contest, with the goal of driving economic growth in a sustainable manner. The competition, called Circular Economy 2030, encourages participants to take full advantage of technologies to create innovative projects to achieve Sustainable Development Goals of the United Nations (UN) by 2030.
The strategic partnership is part of the engagement of Google Cloud and SAP to solve current global challenges, including those related to poverty, inequality, climate, environmental degradation, prosperity, peace and justice.
Social entrepreneurs, NGOs, non-profit or social organizations can participate in the contest, in addition to community associations. Candidates must be over 18 years of age and submit proposals between January 22nd and March 17th to help generate revenue for responsible production and consumption, with the support of Google Cloud and SAP solutions. Registrations must be made through the official site.
After the selection, five semifinalists will be invited to Google Cloud Next, Google's main annual cloud computing event, which takes place between April 9th and 11th, in San Francisco (USA). On the occasion, participants will be able to learn how to use cloud computing solutions in their projects directly from our experts. The semifinalists will also participate in a hackathon to put into practice the knowledge acquired during the event.
The big winner of the Circular Economy 2030 contest will be announced during the SAP Sapphire event, which will take place between the 7th and the 9th of May, in Orlando (USA). He will be awarded US$ 200 thousand, in addition to participation in the Google Cloud for Startups Bootcamp. The other four finalists will receive an award of US$ 50 thousand and individual mentoring with professionals from Google Cloud and SAP.
Artificial intelligence and the circular economy
The Ellen MacArthur Foundation and Google, with support from McKinsey, produced a paper to explain how artificial intelligence can accelerate the transition to a circular economy.
The study is based on more than 40 interviews with experts and presents the first insights into how artificial intelligence can be applied to generate a circular economy at scale. The study assesses two value chains, food and agriculture, in addition to electronics. For the first chain, the estimate is that AI may generate US$ 127 billion per year in 2030; for the second, the opportunity is around US$ 90 billion per year.
What is circular economy?
The circular economy is a type of economy in which growth is gradually separated from the consumption of finite resources. Its principles include designing solutions for waste and pollution, keeping products and materials in use and regenerating natural systems.
What is artificial intelligence?
Artificial intelligence (AI) deals with models and systems that perform functions generally associated with human intelligence, such as reasoning and learning. As one of the main trends, AI is expected to add US$ 13 trillion in economic activity worldwide by 2030.
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