As COP29 convenes in Baku, Azerbaijan, the role of AI in environmental sustainability takes center stage. Deloitte's report underscores AI's potential to facilitate a climate-neutral economy by emphasizing 'Green AI.' The discussion at the panel hosted by Deloitte during COP29 brought together industry leaders from Crusoe Energy Systems, EON, IEA, and NVIDIA to explore strategies for reducing AI's environmental footprint. The report predicts a significant rise in data center power demand driven by AI adoption, urging the need for clean energy sources to support global climate goals. NVIDIA's initiatives in energy-efficient data center operations, like liquid-cooled GPUs, highlight the industry's shift towards sustainability. Accelerated computing is identified as a key driver of energy efficiency, with Parker from NVIDIA emphasizing the substantial reduction in energy consumption. AI's impact extends to various sectors, with examples from financial services and manufacturing showcasing significant energy efficiency gains. AI's role in energy management systems and climate pattern prediction emerges as a crucial tool to reduce carbon emissions. The COP29 discussions stress the importance of powering AI infrastructure with renewables and ethical considerations, showcasing how AI can lead to a more sustainable world.