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Information communication technology ( sip ) has become one of the main focal points at the global Economic Forum ( WEF ) as a tool to achieve climate goals and energy savings , through better collaboration , creativity and connectivity between businesses and people . ICT was discussed as being able to unlock the potential in the sharing economy , boost the renewable energy sector through smart ##phones , and help start - ups collaborate with multinationals and government through the cloud . A report released last by BT , with the help of Accenture , argues that ICT - driven solutions could help the UK economy meet its carbon reduction targets by 24 % and also create £ 122bn in economic value by 2030 . Additionally a report by the Global e - Sustainability Initiative ( GeSI ) looks at innovative use of ICT , concluding that it can contribute to reducing carbon , increase economic efficiency and benefit society .