Transforming Waste into Wealth 📜

Yo EkoChamps,

We've curated an exciting lineup of topics that are sure to ignite your ekopassion. Whether you're interested in unlocking the potential of Climate Tech 2.0 or learning about transforming waste into wealth, there's climate news for everyone.

• Climate Tech 2.0 🌱

• SSS 🌍

• Waste into Wealth 📜

• Harnessing the Sun 🌞

• Venture Building ⚙️

• EkoHero 🇰🇪

Join us as we harness the power of the sun, explore the art of venture building, and celebrate our very own EkoHeroes.

Climate Tech 2.0

As Climate Tech 2.0 picks up speed, what gems can we glean from Clean Tech 1.0? 🚀

In the midst of a bustling climate tech investment landscape, some are reflecting on the ups and downs of Clean Tech 1.0.

What's the deal with Clean Tech 1.0?

Clean Tech 1.0 burst onto the scene in the early 2000s, driven by a mix of enthusiasm and urgency to tackle climate change. While noble in intent, many of these early ventures stumbled due to a lack of expertise and capital for scaling up. But fear not, there are lessons aplenty!

Lessons for Climate Tech 2.0

It takes a village: Building a robust ecosystem with diverse expertise and funding sources is vital for success in Climate Tech 2.0. Let's get creative with our capital stacks! 💡

Business model matters: Gone are the days of relying solely on altruism or government support. In 2.0, it's all about scalable business models with solid unit economics and cost competitiveness. Cha-ching! 💰

Supply chain savvy: Climate companies are only as strong as their supply chains. With global inputs comes greater sensitivity to external shocks. Data-driven redundancy and contingency plans are the name of the game. 📦

Engineering over experiments: Private investment should be backing products that work both technologically and economically. Let's leave the science experiments to the labs and focus on solutions that deliver results. 🛠️

By learning from the past, we can ensure that our precious capital is wisely invested in technologies that pave the way to a decarbonized future.

Let's make Climate Tech 2.0 the best version yet! 🌍🔬

Subscribe to our climate friends

Sustainability Sentiment Score (SSS)

The SSS is down again this week - as the Growth Climate and Mature Climate markets have been closing low over the last week.

Carbon Prices are trending higher, which is encouraging. However, overall, the experts are saying that the market is being extremely cautious right now.

Some interesting news has popped up for the Voluntary Climate market. On April 9th, the Science Based Targets initiative announced that it is setting new rules for using environmental attribute certificates in Scope 3 emissions, crucial for companies involved in voluntary carbon markets.

This development is expected to influence the integrity and effectiveness of these markets by ensuring that the emission reductions are genuine and substantial.

 Transforming Waste into Wealth 📜

Pioneering Carbon Conversion with Pulp and Paper Byproducts

The Breakthrough:

• Researchers at McGill University have unveiled a groundbreaking method to tackle carbon emissions by leveraging waste from pulp and paper production.

• Published in RSC Sustainability, this innovation aims to reduce energy costs associated with carbon conversion processes.

Why This Matters:

• Addresses the issue of waste in the pulp and paper industry, turning it into a potential resource.

• Lowers energy barriers to carbon conversion, opening new pathways for recycling CO2 into valuable products like biofuels and plastics.

The Adventure of Innovation:

• Eko sees this development as a beacon of hope and human ingenuity, reminding us that solutions often lie in unexpected places.

• It's a step towards transforming waste into wealth, resonating deeply with Eko's adventurous spirit.
  

🌞 Harnessing the Sun

How American Giants Are Paving the Way to a Renewable Future 🌱

Summary:

• U.S. corporations, led by Amazon, are championing renewable energy adoption, marking a significant stride towards a greener future.

• Solar energy emerges as a standout in this green revolution, showcasing its efficiency and viability as a sustainable energy source.

• This collective push towards renewable energy isn't just about corporate responsibility; it's a strategic move with vast business opportunities and global impact.

The Vanguard of Renewable Revolution:

• Amazon leads the charge, contracting a quarter of total renewable energy capacity added by U.S. corporations since March 2023, setting an example for sustainability.

Solar: The Bright Spot in Renewable Energy:

• Solar power dominates the new renewable energy capacity, highlighting its pivotal role in the global transition to clean energy.

Venture Building Note of the Week

Dive into the depths of curiosity this week.

Let's treat every question as a key unlocking doors to new possibilities and every challenge as a mystery awaiting its solution.

Encourage your teams to adopt the mindset of explorers, eager to chart unknown territories within your projects and markets.

In the spirit of curiosity, foster an environment where asking "Why?" and "What if?" becomes the norm, pushing beyond the surface to uncover insights that could lead to breakthrough innovations.

Here's to a week of cultivating a culture of curiosity, where the pursuit of knowledge drives us forward, and the thrill of discovery is our greatest reward.

May our ventures thrive on the questions we dare to ask.

EkoHero 🇰🇪

Mohamed Adow's journey from a pastoralist family in northern Kenya to a global climate champion is as inspiring as it is transformative. Fueled by his personal experience of climate change's harsh realities, Adow shifted from delivering aid to advocating for systemic change.

His breakthrough idea? Drive a just transition in Africa towards an equitable, zero-carbon future powered by renewable energy.

With organizations like Power Shift Africa, he's amplifying African voices, mobilizing communities, and shaping policy to create a more just and sustainable world. Through his tireless advocacy, Adow is not just changing Africa's trajectory; he's inspiring a global movement for climate justice.

🔍 Curious about Mohamed Adow's journey? Read more here 🌱🌍

THOUGHTS ON TODAY’S ISSUE?

🌿 And that concludes today's ekoadventure.

Remember, from shrinking your carbon footprint to shining a light on environmental causes: every effort counts!

Until next Thursday… 🌱💚

– Eko