EDP Business Summit 2024: A Sustainable Future in the Face of Climate Change

During the EDP Business Summit 2024, held in Lisbon, important topics related to sustainability and the fight against climate change were addressed. The event brought together business leaders, experts, and authorities with the aim of seeking concrete solutions to tackle the climate crisis and promote a more sustainable production model. The starting point was the need to abandon fossil fuels and embrace renewable energies as a crucial measure to combat climate disruptions. The fundamental role that companies play in this transition towards a more sustainable system was emphasized, highlighting the importance of adopting collaborative and concrete actions to address this global challenge. Andrew Winston posed the key question during the event: "Is the world better off because your business is in it?" This reflection pointed to the responsibility that companies have in contributing to a more sustainable and fair world for present and future generations. The urgency of adopting real change through renewable energies was highlighted, emphasizing that the transition to these energy sources will determine the quality of life for people in the future. It is imperative that companies take an active role in this transition, betting on sustainability as a fundamental part of their business strategies. Various challenges and opportunities regarding energy transition were discussed during the event, such as the need to democratize access to renewable energy sources, decentralize energy generation, and the importance of collaboration between the public and private sectors to accelerate this process. Spain and Portugal, with their potential in renewable energies such as solar power, are presented as key regions in this energy transition. The need to diversify energy sources and decentralize their generation was emphasized as fundamental strategies to advance towards a more sustainable energy model. EDP, as a leading company in the sector, has announced a significant investment to install more renewable energy for households and businesses, reaffirming its commitment to sustainability and the fight against climate change. The innovative technologies that are reshaping the energy landscape, such as hybridization and agrivoltaics, were highlighted, in which EDP is strongly investing. At a time when the world faces unprecedented environmental challenges, the EDP Business Summit 2024 has made it clear that action is urgent and necessary. Spain, Europe, and the rest of the world have the opportunity to accelerate the energy transition and adopt business models that bet on a sustainable future. Collaboration between companies, governments, and society as a whole is key to addressing the effects of climate change and building a better world for all.