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Innovators, funders, customers, and policymakers convene to collaborate, challenge, and celebrate across party lines. Founders showed sci-fi-like tech at demo days, while artists premiered climate-focused films at New York City's first climate film festival.
The first few days of COP have ushered in a wave of major announcements and funding pledges. Al Jaber as Chairman of Alterra, and also host of COP28, has already stirred controversy due to his role as President of ADNOC and rumored intention to broker fossil fuel deals during COP. Happy Monday! Execution questions marks.
Meanwhile, Michigan approves a bundle of clean energy bills, the UN irons out details for the "loss and damages" fund ahead of COP, and Flexport launches a book and claim model for SAFs. Innovate UK drops £720M for climate tech in their 2023 Net Zero Review. Can’t get enough deals?
ICYMI, innovators, funders, customers, and policymakers convened in New York last week to collaborate, challenge, and celebrate across party lines. The DOE announced $1.3bn in funding for demo-scale and large-scale carbon capture projects that enable industrial decarbonization.
Fortescue unveiled a green ammonia dual-fuel ship at COP. Of course, beyond ammonia innovation, the world will still need fertilizer. 🌬 Aerones , a Riga, Latvia-based robotics for wind turbine maintenance service provider, raised €4.4m ($4.8m) in Grant funding from the EU’s Innovation Fund.
While NYCW has been around for more than a decade , this year the vibe of ~10x the participants and well-curated mini-conferences alongside official UN programming felt almost like a Davos or a mini-COP (which, depending on your take on the efficacy and impact of COP, could be a good or bad thing).
🏗 Dunia , a Berlin, Germany-based AI-driven materials discovery platform, raised $12m from Elaia, Redalpine, Anglo American, Deep Science Ventures, European Innovation Council (EIC) Accelerator, and other investors. Delegates cross-pollinated conservation ideas at the biodiversity COP last week in Colombia.
Do the next best thing and read our COP reflections. Last COP featured the conference’s first nuclear-themed pavilion, and this year boasted eight. A fusion of world powers Scientists have also been chasing nuclear fusion for decades , but again COP could reflect a global paradigm shift. Happy Monday!
Shift4Good , a Singapore and Paris, France-based investment firm, closed $230m for its first venture capital fund, focusing on driving innovation in sustainable transport. Request a Sightline Climate demo In the News Chinese AI company DeepSeek announced a new, highly efficient model it claims costs a fraction of OpenAI’s.
” - Caroline Golin , Global Head of Market Development & Innovation, Google 💥 So what? Other ⚡ Reverion , an Eresing, Germany-based biogas power plants developer, raised $21m in Grant funding from the EU Innovation Fund (EIF). Can’t get enough deals? Robot solar.
We’ll spare you the obligatory “ good COP, bad COP ” joke, but this week, we’ve got a deep dive into the UN’s biggest move at COP29 so far: the approval of Articles 6.2 This approach could set a precedent for bypassing negotiation processes in future COPs, adding uncertainty to the framework.
Amid all the chaos, we almost forgot it’s COP this week.) In fact, lower regulatory hurdles and a focus on innovation in energy could help projects get built faster. Request a Sightline Climate demo In the News Elon Musk is poised to have significant influence on energy policy under Trump’s presidency.
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