IBM Commits Up To $45M To Climate Adaptation, Starting With New RFP For Resilient Cities
IBM News, Wednesday, March 6th, 2024
IBM will increase investment in the IBM Sustainability Accelerator by 50%, committing up to $45 million in cash and in-kind donations over the next five years.
Aligned with United Nations SDG 11, IBM (NYSE: IBM) announced 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.