UN's COP26 Fighting Climate Change

-

 New Initiatives at UN Climate Change Conference in Glasgow











                                Source:  COP26 & Stock Images

VC Money Pouring into Climate-Tech Startups

At the United Nation's Climate Conference COP 26 in Glasgow, world leaders have renewed their vow to accelerate the fight against Climate Change in a concerted and united fashion.  The remedies include cutting greenhouse gas emissions to zero by 2050, implementing a $19 billion plan to end deforestation by 2030 and investing in innovative, new technologies to fight Climate Change.  Fortunately, VC money has already started pouring into the climate-tech innovation sector.

Climate Cash

Investments in climate-tech startups during the first 3 quarters of 2021 are already 30% higher than in all of 2020.  It amounts to $32 billion.  While that $32 billion is only 6% of all VC money invested this year, it is rapidly growing.  The types of climate-tech include electric vehicles, new battery technology, electric mobility, charging infrastructure, fleet electrification and a lot more.  

Rivian

A great example of investment recipients is the EV manufacturer Rivian which raised nearly $3 billion in this quarter as the largest climate-tech deal.  Lithium ion battery maker SVOLT raised $1.6 billion.  In all, 61 climate-tech companies have gone public or been purchased so far this year.  That is double the number of deals in 2020.

Climate Pressure and Big Climate-Tech Potential

Global pressure is intensifying on nations to do something hugely impactful to reduce climate change.  In the United States alone in 2020, there were a record 22 severe weather, massive wildfire and other climate change events that have wiped out $billions in value.  On the other hand, some experts believe the new climate-tech startups will produce more than 1,000 companies worth $1 billion or more.  From 2013-2019 returns on investments in climate-tech companies averaged 5-times higher than other VC funded companies.  Experts say investors could reap up to $150 trillion in returns by investing in climate-tech companies over the next 30 years.  To take a look at many innovations with investment potential go to  https://read.amazon.com/kp/embed?asin=B09K6TJ8YX&preview=newtab&linkCode=kpe&ref_=cm_sw_r_kb_dp_KHHG1R60Z7VD1RFMQS08


ASIN: B09K6TJ8YX

Comments

Post a Comment

Popular posts from this blog

New Electric Surfboard from Sweden

-
Image
  Surfing With No Waves Needed, Anytime of Year                                                                                Source:  Awake Surfboard Can Hit 36 MPH Sweden-based Awake has developed a powerful electric surfboard that can hit speeds of 36 mph.  It can accelerate from 0 to 30 mph in just 4 seconds.  The Ravik S 22 electric surfboard is able to surf on any body of water any time of year including on snowy winter days.  And, it doesn't need waves to surf! It provides an extreme surfing ride, developed by an award-winning surfboard company. Tech Specs The e-board is powered by a 12-kW brushless motor.  The motor has three speed settings and three throttle sensitivity modes.  It has a wireless speed control system that cuts throttle response time down to .02 seconds.  The quick response time makes it much easier for the surfer to time turns and jumps.  A 1.9-kW battery provides a ride time of 15 to 20 minutes. That version of the board is priced at $15,000. An extended
Read more

Extreme Electric Surfboard

-
Image
  Surfing With No Waves Needed, Anytime of Year                                                                                Source:  Awake Surfboard Can Hit 36 MPH Sweden-based Awake has developed a powerful electric surfboard that can hit speeds of 36 mph.  It can accelerate from 0 to 30 mph in just 4 seconds.  The Ravik S 22 electric surfboard is able to surf on any body of water any time of year including on snowy winter days.  And, it doesn't need waves to surf! It provides an extreme surfing ride, developed by an award-winning surfboard company. Tech Specs The e-board is powered by a 12-kW brushless motor.  The motor has three speed settings and three throttle sensitivity modes.  It has a wireless speed control system that cuts throttle response time down to .02 seconds.  The quick response time makes it much easier for the surfer to time turns and jumps.  A 1.9-kW battery provides a ride time of 15 to 20 minutes. That version of the board is priced at $15,000. An extended
Read more

Electric, New MG Cyberster Sports Car

-
Image
  China's SAIC Revolutionizes the Historic British MG Brand                                              Source:  MG Cyberster Electric MG Sport Car Concept Becomes a Reality The legendary sports car company MG was founded in the 1920's in Oxford, England. It enjoyed a long history of creating iconic MG, 2 seat sports cars. It is now China owned and China based, acquired a few years ago by SAIC Motors.  The new MG has a fabulous concept car the Cyberster.  It's an all electric sports car that was recently introduced at the Shanghai 2021 Motor Show.  MG just announced the vehicle is going from concept and into production.  MG calls it the "world's first purely electric e-sports cockpit".  The design of this electric vehicle is sleek, futuristic and highly styled with a wide grill that is a throwback to the original MGB as are the round headlights that open like eyes when the car is turned on.  It is truly an iconic, all electric sports car. EV Capabilities The
Read more