Global Scans · Industry, Innovation and Infrastructure · Weekly Summary

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

• [New] Promoting defence exports and investing in critical infrastructure will ensure that India's defence industry not only meets domestic needs but also becomes a formidable player on the global stage. Outlook Business & Money
• [New] Growing investment in maritime security, offshore exploration, and underwater infrastructure development is creating new opportunities for UUV manufacturers and service providers worldwide. Yahoo Finance
• [New] UAL's ability to leverage technological innovations presents an opportunity to differentiate its services and increase operational efficiency. Yahoo Finance
• [New] Almost 90% of companies are already using gen AI in some capacity, with nearly as many citing it as a top five priority - one with the potential to disrupt their industries and spark new innovation. Bain
• [New] A revenue certainty mechanism will turbocharge private investment in the UK's emerging Sustainable Aviation Fuels (SAF) industry, helping to produce the hundreds of thousands of tonnes of fuel needed each year to meet the UK's ambitious SAF mandate. International Airport Review
• [New] The controversial bill aggressively promotes the narrow, short-term interests of the U.S. nuclear industry in ways that threaten the long-term national environmental, climate and national / international security interests. CounterPunch.org
• [New] By harnessing the power of innovation and leveraging digital technologies, Africa can forge a path toward sustainable development, enabling prosperity and opportunities for its people. AfricaLics
• [New] The semiconductor industry is expected to double in size over the next eight years, driven by demand by data centers and the 70 billion smart connected devices expected to come online over the next 10 years. Extreme Tech Challenge
• [New] The artificial intelligence boom is reshaping the tech landscape, with industry leaders like TSMC, Microsoft, and Anthropic racing to meet soaring demand and capitalize on new opportunities. PYMNTS.com
• [New] Programs like the Green Shipping Corridor Program demonstrate Transport Canada's commitment to working with Indigenous groups, government, industry, and environmental stakeholders to protect the environment and achieve net-zero emissions by 2050. Viswa Group
• [New] GBE, along with plans to focus on energy independence and unlock investment in energy infrastructure announced today, are critical to achieving the Labour Government's ambition to deliver a net zero electricity system by 2030. New Civil Engineer
• [New] South Korean institutes will gain from the EU's leadership in research and innovation, including its emphasis on sustainable development. Shaping Europe's digital future
• [New] As AI research becomes increasingly closed and proprietary, India has a unique opportunity to become a global champion of open innovation in AI research and development. Mint
• [New] Singapore plans to use AI to boost productivity and drive innovation across various sectors, including healthcare, finance, and logistics. Financial Horse
• [New] Great British Railways 'should adopt an approach to investment that directs improvements in infrastructure towards opportunities for economic growth', and the transport network needs to be seen as 'part of a holistic and long-term view of wider infrastructure'. Railway Gazette International
• [New] The UK's solar photovoltaic (PV) panel industry, for example, is expected to grow by nearly 25% in the next five years as more domestic and commercial customers switch to renewable energy, with Government subsidy schemes such as ECO4 also driving demand. Proactive Technical Training
• [New] By 2025, all Vietnamese provinces and cities are expected to enjoy 5G coverage along with high-tech zones, research and innovation centers, industrial parks, airports and seaports. The Star
• [New] With the regulatory approval in place, Meatly plans to start producing commercial samples of its pet food in 2024 as it works on reducing costs and scaling production to reach industrial volumes in the next three years. Energy Connects
• [New] For 2024, fintech industry leaders expect significant budget allocations to enhance cybersecurity, improve digital customer experiences, and drive innovation in financial technologies. Elets BFSI
• [New] GB Energy will work in tandem with the National Wealth Fund, which will also have £7.3bn to direct towards green technologies and infrastructure such as ports to aid domestic production of equipment such as wind turbines. The Telegraph
• [New] There is significant scope for India to become a much bigger part of Australia's energy transition, including as a major investor with opportunities for innovation, manufacturing, skills and jobs. Australia India Institute
• [New] By driving innovation, creating new job opportunities, and stimulating economic growth, the circular economy plays a pivotal role in advancing the global agenda for generations to come. SDG Action

Last updated: 21 July 2024