Congratulations to our colleagues at WWF India for their newly launched Climate Solver initiative! Together with an impressive team of partners, WWF will forge the path of success for Indian climate innovations – both domestically and globally. The Confederation of Indian Industry (CII), New Ventures India, Centre for Innovation Incubation and Entrepreneurship (IIM Ahmedabad), Skyquest Technology Consulting Pvt. Ltd., and Technology Development Board (Department of Science and Technology, Government of India) have all offered their support and expertise to this promising effort.
The Climate Solver platform will provide an interface between low carbon technology innovators and industry associations, investors, government, incubation centres, and the media. After careful screening and selection of innovative clean technologies, developed by small and medium enterprises, Climate Solver India aims to showcase their potential, expand their outreach and generate awareness about them along with the overall value of innovation, as an immediate and practical solution to climate change. WWF India’s objective is to promote the use of innovative clean technologies and thereby contribute to reducing emissions and enhancing energy access.
WWF India is now accepting nominations for the first selection of Indian Climate Solvers. Further details regarding the application process, open from 28th May till 31stJuly, are provided on the WWF India – Climate Solver webpage.
Denmark, followed by Israel, Sweden, Finland and the US provide the best conditions today for clean technology start-up creation, with companies in the Asia Pacific region following closely behind when it comes to commercial success, the first Global Cleantech Innovation Index shows.
In Coming Clean: The Global Cleantech Innovation Index 2012, Cleantech Group and WWF looks at where entrepreneurial cleantech companies are growing today, reasons as to where they will spring-up over the coming years, and which countries are falling above and below the curve for fostering cleantech innovation.
Thirty-eight countries were evaluated on 15 indicators related to the creation and commercialisation of cleantech start-ups, generating an index measuring each one’s potential, relative to their economic size, to produce entrepreneurial cleantech start-up companies and commercialise clean technology innovations over the next 10 years.
“The global macro-economic landscape is shifting; fostering entrepreneurial start-ups and growth companies with clean technology solutions will be an increasingly important part of countries’ competitiveness on the world stage” said Richard Youngman, Managing Director Europe & Asia, Cleantech Group.
The four top scoring countries were Denmark, Israel, Sweden and Finland. These countries all have small economies and while they are the source of much innovation, they have less ability to scale-up companies. These small countries need innovative approaches and collaboration to compensate for the lack of large domestic markets and inconsistent availability of finance throughout a company’s life-cycle.
“This index shows that several countries are on the right track, but clearly much more needs to be done if we are to properly address climate change and achieve a transition towards a global 100 percent renewable future,” said Samantha Smith, leader of WWF’s Global Climate and Energy Initiative.
“The overwhelming majority of capital required for making the transition to a low-carbon future will come from a variety of private sources. Developing a working recipe for strengthening the flow of public-private finance towards early as well as later stage cleantech is key for countries that want to taste the economic success of cleantech,” she added.
North America and northern Europe emerged as the primary contributors to the development of innovative cleantech companies.
The US placed fifth in the Index. However in absolute terms, without factoring in economic size, the United States leads in many measures of cleantech innovation: the country has the greatest public cleantech R&D budget, the greatest number of cleantech start-ups and investors, as well as the most venture capital, private equity, and M&A deals in cleantech.
However, the Asia Pacific region performs well when it comes to scaling up entrepreneurial cleantech companies to wider commercial success and revenue creation.
While currently seeing fewer emerging cleantech start-ups and placing 13th, China leads in cleantech manufacturing, is strong in early-stage growth, and shows potential to produce more early stage innovation in the future.
The country is rapidly gaining access to funding due to success in raising money for cleantech-focused funds. Additionally, China has been home to the majority of cleantech IPOs since 2009, many of which listed on the recently established ChiNext board of the Shenzhen stock exchange.
Similarly, India scores 12th but is performing well in fund raising towards Cleantech focused funds and has much activity in later stage Cleantech companies.
Notes to Editors
A free webinar, The Global State of Cleantech, discussing the findings is scheduled for February 28, 2012 at 9am GMT as well as 6pm GMT. Register at http://info.cleantech.com/CleantechIndexWebinar.html
For more information, please contact
Stefan Henningsson, Senior Adviser Climate Innovation, WWF International, +46 70 57 99 291, firstname.lastname@example.org, Twitter: shenningsson
Barbara Evaeus, Manager Climate Communications, WWF Sweden, Barbara.email@example.com, +46 70 393 90 30
Our friends at Biorecro have every reason to be really excited at the moment. They’ve recently recieved confirmation that they’ve been short-listed in the Virgin Earth Challenge, which attracted over 2500 entrants.
Launched by Sir Richard Branson in February 2007, the Virgin Earth Challenge will award of $25 million to the candidate that can demonstrate a design for net removal of greenhouse gases from the atmosphere as a means of stabilizing anthropogenic climate change. The jury is comprised of very knowledgeable and distinguished members including Branson, Al Gore, Dr. James Hansen and Tim Flannery.
As of October 2011, the leading organisations in the Earth Challenge are: Biochar Solutions, from the US; Biorecro, from Sweden; Black Carbon, from Denmark; Carbon Engineering, from Canada; Climeworks, from Switzerland; Coaway, from the US; Full Circle Biochar, from the US; Global Thermostat, from the US; Kilimanjaro Energy, from the US, the Savory Institute, from the US and Smart Stones from the Netherlands. Certainly a number of interesting solutions that we’re looking forward to hearing more about!
Read more on the Virgin Earth Challenge here.
From their most recent newsletter -
Solvatten has been short-listed for two prestigious awards, one in the USA and one in the UK. The themes of the awards – food sustainability and green innovation – illustrate the broad range of benefits offered by the technology.
The SAACC Deloitte Award recognizes innovative and groundbreaking small Swedish business focused on viable energy alternatives and energy conservation. Solvatten is one of the short-listed companies and will be presented at a Royal Gala Award Dinner in New York on the 1st of November. The organisers are the Swedish Chamber of Commerce and the jury is made up of academics and CEOs from leading Swedish companies.
The winners of the UK-based International Green Awards will be announced three weeks later in London at a dinner in the world-famous Natural History Museum. The awards are made annually in several categories and Solvatten is short-listed for the Best Green Product Innovation.
Yes indeed – today’s the day for presenting the 4th annual selection of Climate Sovlers in Sweden. After meeting the crew last night over dinner I was once again struck by the amazing entrepreneurs behind these technologies. They’re smart, creative, passionate and fun. In other words they’re just as awesome as the innovations they develop.
Our Climate Solvers will be presented at a conference in central Stockholm later this morning. In addition to the presentation of these Climate Solvers we have a number of very interesting speakers lined up who will support the theme Global Challenges – Global Opportunities.
The following is the list of the technologies chosen this year. Climate Solvers 2011:
Super-efficient insulation material – Svenska Aerogel
Intelligent charging stations for electric vehicles – ChargeStorm
ClimaCheck perfomance Analyser – ClimaCheck
Energy storage systems – SEEC
You will find more detailed information on these new additions at the top of the list under the Innovations section of this website. Enjoy!
- Innovating the future: 100 sustainable solutions
- Why we need innovative co-operation to tackle climate change
- WWF South Africa announces 2015 Climate Solver award winners
- Five outstanding Chinese technologies appointed as 2014 WWF Climate Solver winners
- Comfort, without the environmental cost
- Zero emissions buildings in sight
- Top Indian entrepreneurs harness renewable energy
- Cleantech's Coming of Age
- 100 Sustainable Innovations to Rock this World!
- Bending the curve toward a sustainable future
- June 2012
- February 2012
- November 2011
- October 2011
- June 2011
- May 2011
- March 2011
- February 2011
- December 2010
- November 2010
- September 2010
- October 2010
- August 2010
- July 2010
- June 2010
- May 2010
- March 2010
- February 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- April 2009
- March 2009
- October 2008
- September 2008
- July 2008
- April 2008
- March 2008
- November 2012
- December 2012
- January 2013
- February 2013
- March 2013
- April 2013
- June 2013
- July 2013
- September 2013
- October 2013
- November 2013
- January 2014
- March 2014
- June 2014
- August 2014
- January 2015
- February 2015
- April 2015
- May 2015
- June 2015
- September 2015
- May 2016
- June 2016
- September 2016