this prediction: the city of the future will be green. nFor more information please visit:www.siemens.com/sustainablecities andwww.siemens.com/environmentABOUT THE AUTHORPeter Löscher has been President of the ManagingBoard and Chief Executive Officer of Siemens AG since2007. In 1985, he became a Senior ManagementConsultant in the Kienbaum Consulting Group. From1988, he held various positions in the Hoechst Group.In 2000, he became Chairman, President and CEO ofAventis Pharma Ltd., Japan. In 2002, he becamePresident of Amersham Health and then ChiefOperating Officer at Amersham plc. In 2004, he joinedGeneral Electric as President and CEO of GEHealthcare Bio-Sciences. In 2006, he becamePresident of Global Human Health at Merck & Co., Inc.ABOUT SIEMENS AGSiemens AG (Berlin and Munich) is a globalpowerhouse in electronics and electrical engineering,operating in the industry, energy and healthcaresectors. For over 160 years, Siemens has stood fortechnological excellence, innovation, quality, reliabilityand internationality. The company is the world'slargest provider of environmental technologies. Infiscal 2010, which ended on September 30, 2010,revenue totalled 76 billion and net income 4.1billion. At the end of September 2010, Siemens hadaround 405,000 employees worldwide. INNOVATION TECHNOLOGY055" "CITIES ARE THEMAIN SOURCES OFEMISSIONS. THEYACCOUNT FOR 75PER CENT OFGLOBAL ENERGYCONSUMPTIONAND FOR 80 PERCENT OF THEGREENHOUSE GAS EMISSIONS GENERATED BYHUMAN ACTIVITY?10 billion, Siemens is clearly set on growth. As aresult, the company is building the world's largest windfarm off the coast of Wales. When it is completed in2014, this plant in the Irish Sea is expected to supplygreen power to around 400,000 British homes. Transporting electricity with low losses to destinationsover thousands of kilometres away is just as importantas climate-friendly power generation. A successfulproject has recently been completed in China. Thehigh-voltage direct current (HVDC) transmissionsystem from Siemens connects hydroelectric powerplants in Yunnan Province with the megalopolises ofGuangzhou and Shenzhen. This system has roughly 50per cent lower losses than a conventional three-phasetransmission system. Solutions of this type will becrucial in the future for transporting "green" electricityfrom solar power plants in the desert or wind turbinesat sea to large cities.One municipality that will combine nearly all existinggreen solutions in one location is Masdar City. Thisplanned green city in the Emirate of Abu Dhabi has afuturistic appearance, and will serve as a model for theurban landscape of tomorrow. Cutting-edge technologieswill produce Masdar's entire energy supply locally andemission-free. In just a few years, 50,000 people areexpected to live in this green desert metropolis. With theinstallation of smart grids and other technologies,Siemens is a strategic partner to Masdar City and onceagain a pioneer in environmental progress.Masdar City is still a model project, yet everyoneinvolved will do whatever they can to begin transferringthis concept to as many other cities as possible. Thanksto projects like Masdar City, today we can already make

hile a global climate deal must remain apriority for world leaders, a clean-techrevolution is already underway throughbottom-up action at sub-national level.Last December the Copenhagen Accord broke newground in stimulating co-operative internationalclimate action. The past 11 months, however, havedemonstrated that sealing a fair and effective globaldeal remains a major political and diplomaticchallenge. Yet global cooperation is vital if we are toachieve the scale and speed of action necessary forcutting emissions. The climate science remains soundand underpins this need for action. It tells us that weneed to act now, not in five or ten year's time. A global deal must therefore remain a priority for worldleaders. But we also need to be pragmatic. While manyof us had hoped that Cancun would complete whatCopenhagen started, it now seems likely that COP16will be a stepping stone to a global deal rather than thefinal destination. Given this disconnect between theurgency of the climate science and the pace of climatepolitics, we need to look beyond global top-downsolutions and kick start the clean revolution now. The good news is that much is already underway. Lastyear,for example, saw a sea change in global energyproduction, with 47 per cent of new energy capacityfrom renewable sources. China led this change, butIndia also has its eyes on the renewable energy prize.By 2020, India's solar energy mission is projected todeliver 20GW in clean power - enough to power 200million Indian homes. Shifts in consumer andinvestment behaviour are also underway. In the US,LED lights went from relative obscurity to a bestsellerat Home Depot. Globally, clean-tech became theleading venture capital investment in 2009. Thesechanges are just the start. By 2020, HSBC estimatesthat the global market for low-carbon energy andefficiency projects will triple to US$2.2 trillion. Much of this change is happening at the regional, stateand city level, and led by smart companies thatrecognise the huge opportunities presented by the low-carbon revolution. In many ways, this is hardlysurprising. While national governments are rightlyconcerned with the big picture issues of internationalnegotiations, it is subnational and city governmentsthat are at the sharp end of climate impacts andaction. Concerns about adequacy of flood defenses, orhow to de-carbonise public transport in the face ofgrowing oil prices, focuses minds far quicker thannegotiations over national emission reductions. This onthe ground action can only be a good thing. Not only does it provide concrete benefits for localcommunities and economies, but it also helps build grass-roots support for broader and more ambitious climateaction at the national and international level. Given thesize of the problem that we face, this is essential. The challenge for government and business leaders isembedding and scaling up this clean revolution. Thismeans making strategic interventions to enableemerging low-carbon technologies to move into themainstream within the decade. These are technologiesthat are technically proven and offer a high mitigationpotential but are not yet commercially deployed. AtThe Climate Group, our focus is on electric vehicles,ICT enabled energy efficiency solutions, carboncapture and storage, LED lighting and concentratedsolar power. We are working with our government andcorporate partners on fast-start deployment, thedevelopment of standards and policy, global trials incommercialising new technologies, the developmentof innovative finance packages, and awareness-raising. KICK-STARTING THE CLEAN REVOLUTIONINNOVATION 056TECHNOLOGYWSTEVE HOWARD, CEO, THE CLIMATE GROUPCredit © European Union, 2010""AT THE HEARTOF THESE CLEAN-TECH INITIATIVESIS THE SIMPLEIDEA THAT CHANGE HAPPENS- AND HAPPENSQUICKLY - WHEN GOVERNMENTS,BUSINESSES ANDCOMMUNITIES CAN SEE AND UNDERSTAND ITSBENEFITS ?