Back to Industry News
General
Climate Tech Atlas Launched to Guide Net-Zero Innovation & Investment
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Forbes
Photo by Markus Winkler on Unsplash
Stay updated on stories like this
Key takeaways
- Forbes reports the launch of the Climate Tech Atlas, a new online platform designed to assist inventors and investors in identifying technologies vital for global decarbonization and the development of new markets
- This initiative aims to accelerate the transition to net-zero emissions by 2050 by spotlighting key areas requiring technological advancement
- The platform draws a parallel to Exxon's early investments in solar energy, which fostered breakthroughs that led to solar power becoming today's most affordable energy source
Forbes reports the launch of the Climate Tech Atlas, a new online platform designed to assist inventors and investors in identifying technologies vital for global decarbonization and the development of new markets. This initiative aims to accelerate the transition to net-zero emissions by 2050 by spotlighting key areas requiring technological advancement. The platform draws a parallel to Exxon's early investments in solar energy, which fostered breakthroughs that led to solar power becoming today's most affordable energy source. This historical example illustrates how strategic investment, innovation, and supportive policies can unlock clean energy solutions. Projections indicate that affordable clean energy will supply half of global electricity demand by 2030, a development expected to generate trillions in investment and millions of jobs.
The Climate Tech Atlas is the product of a coalition including Breakthrough Energy, Elemental Impact, Energy Innovation, McKinsey Sustainability, Speed & Scale, and the Stanford Doerr School of Sustainability. Energy Innovation contributed to the platform by modeling the potential emissions reductions for the featured technologies. The Atlas identifies nearly 70 "innovation imperatives" and approximately 40 "moonshots" across six critical sectors: buildings, manufacturing, transportation, electricity, greenhouse gas removal, and food, agriculture, and nature. An "innovation imperative" is defined as a crucial need that can expedite near-term decarbonization pathways; eliminating livestock emissions is provided as an example. Ryan Panchadsaram, co-author of *Speed & Scale*, characterized the platform as "a compass pointing to the frontiers of tomorrow."
Related Topics
Climate Tech AtlasNet-ZeroDecarbonizationInnovationInvestmentClean EnergyEnergy Transition
Never miss stories like this