IBM Commits Up To $45M to Climate Adaptation, Starting With New RFP for Resilient Cities

ARMONK, N.Y.March 6, 2024 /PRNewswire/ — Aligned with United Nations SDG 11, IBM (NYSE: IBM) announced today a new request for proposals from government and non-profit organizations for the IBM Sustainability Accelerator, focused on technology-driven projects to advance city resiliency. IBM also announced that it would increase investment in the pro-bono social impact program by 50%, committing to make up to $45 million in cash and in-kind donations of technology and services available over the next five years. The IBM Sustainability Accelerator applies IBM technology, including IBM watsonx, an AI and data platform and AI assistants, to support populations vulnerable to environmental threats around the world, with a new RFP and sustainability topic announced each year.

UN Habitat1 forecasts that the world will continue to urbanize over the next three decades, with the share of people living in urban areas increasing from 56 percent in 2021 to 68 percent by 2050. The disproportionate impacts of climate change can challenge capacity for sustainable urban development and planning, as cities around the world work to address priorities like emissions levels, intensifying climate risks, environmental justice and more.

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Published On: March 9, 2024
About the Author: IBM
IBM is a leading cloud platform and cognitive solutions company. Restlessly reinventing since 1911, IBM is the largest technology and consulting employer in the world, with more than 350,000 employees serving clients in 170 countries. With Watson, the AI platform for business, powered by data, IBM is building industry-based solutions to real-world problems.