Today we are celebrating a huge leap forward for our mission and company: a partnership with Frontier Climate buyers for $40M in offtake agreements for our DAC carbon credits. With the support of Frontier buyers including Stripe, Alphabet Inc., Shopify, Autodesk, Workday, H&M, JPMorganChase, Meta, McKinsey & Company and many others, we are advancing our technology, focusing on driving down the cost curve for DAC with an approach that minimizes both capital and operating costs. We are thrilled to be working with this amazing group of climate leaders. And to our friends and colleagues at X, the moonshot factory, (founded by Google), many thanks for being the best launch pad a climate moonshot could ask for. https://lnkd.in/gMmpkuJP
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The climate-focused Frontier coalition, which includes tech and retail giants like Google, H&M, and Stripe, has announced a commitment to purchase $80 million worth of carbon credits from two innovative developers utilising cutting-edge technologies to capture and store carbon emissions. The deals reflect growing private-sector investment in carbon removal solutions, even as political uncertainty clouds broader climate commitments. Read more: https://lnkd.in/gFEDDp4N Hannah Bebbington #CarbonCredits #GreenTechnology #CarbonRemoval #Decarbonization
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📍 🌎 Day 4 of #ClimateWeekNYC is here (literally, at Nasdaq). Among the most dynamic innovation ecosystems, the climate technology industry has experienced tremendous growth in recent years. Today, we are gathering over 2,000 professionals across both the corporate and investor communities at Nasdaq's New York Climate Week Conference 2024 for discussions on building a sustainable and secure energy future, by tackling the industry's biggest challenges and addressing them with innovation breakthroughs across: ✅ Climate Capital ✅ Climate Innovation ✅ Market Infrastructure ✅ Reporting & Disclosure 🔗 Register for the event live broadcast here: http://spr.ly/6045oqjKH 👋 Welcoming Puro.earth, United Nations Global Compact, Climate Impact X, FCLTGlobal, Amazon, Starbucks, Dolby Laboratories, MFS Investment Management, standard chartered bank, Principles for Responsible Investment, Amazon Web Services (AWS), and more.
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What an honor to be part of the judging panel for the Twilio.org Climate Tech Prize. These 5 companies are exceptional - and each well deserving of the $200K prize. Even more impressively, this process showed that there are 500+ early stage companies and non-profits working on climate adaptation. A sector to watch! #climate #climateadaptation
🌍 Announcing the Winners of the Twilio.org Climate Prize! 🎉 At the core of the Twilio.org Climate Prize, in collaboration with Trellis Group, lies a resolute commitment to build a future where frontline communities not only survive but thrive in a climate-resilient world. ✨ Congratulations to our winners: • ClimaSens • One Acre Fund • BLUE MARBLE MICRO LIMITED • NAXA (DASTAA _) • Gravity Water 💡 By the Numbers: • 500+ prospective applications submitted • Applications from over 50 countries • 10 virtual interviews and 20+ professional reference checks ensured a robust evaluation process 🌟 A special thank you to our esteemed judging panel: • Sabin Ray, Investor, Ecosystem Integrity Fund • Stefanie N. Tye, Research Associate, Climate Resilience Practice • Claire FitzGerald, Director of Environmental Sustainability & ESG, Twilio • Erin Reilly, Chief Social Impact Officer, Twilio • Natasha M. Cavanaugh, Vice President of Social & Environmental Impact, Twilio • Jake Mitchell, Senior Startup Programs Manager, Trellis Group More about the Twilio.org Climate Prize 👉 https://buff.ly/4h48Dor
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📊 Unveiling the reality of Emissions Reporting: Gross vs. Net Emissions The debate over how emissions are reported is heating up, and the chart below from Bloomberg Green highlights a critical issue: unbundled renewable energy certificates (RECs) are masking the true emissions footprints of major tech companies like Amazon, Microsoft, and Meta . At Trace, we believe in transparency and accuracy in carbon accounting. That's why we’re moving towards Gross Emissions Reporting on our platform. While net emissions offer insight into how companies are acting on climate, they don't tell the full story. Gross emissions provide a clearer picture of a company's current impact—no hiding behind RECs. This shift is crucial as businesses aim to meet Net Zero goals without falling into the trap of inflated progress. It's about facing the reality of our carbon footprints and making meaningful, measurable changes. We invite you to explore this conversation further—let's discuss how gross emissions reporting can drive genuine climate action. #Emissions #Carbon #NetZero #ClimateAction #Sustainability #Transparency #Trace #GrossEmissionsReporting Joanna Auburn Catherine (Cat) Long
👿 The devil is in the detail 👿 🤔 Gross Vs Net emissions reporting 🤔 If we take a look at some of the big dogs; Meta, Apple, Microsoft, Google they are all reporting emission increases even though they have committed to Net Zero and are investing considerably into it. Microsoft's emissions are 30% higher today than in 2022! Could AI be to blame? That's another conversation. Bloomberg Green raised a great point on the debate of measuring emissions recently which is exactly in line with some changes we have recently made in the Trace platform. Carbon Accounting and how we account for this carbon is incredibly important. Currently large companies can buy RECs to compensate for emissions in energy usage. Corporations are purchasing these and using them to demonstrate reductions in their footprint. Currently this is allowed under the CDP rules. But these aren't actually reductions in that company's footprint. This calls for a separation of gross and net emissions reporting; even in scope 2. It might seem like a detail that shouldn't be of great concern but if you look at the chart below you can see the huge impact this has on reporting. For example Amazon's footpirnt would be 8.5 million tonnes higher than reported if they were not allowed to include RECs to 'reduce' their footprint. Google seems to be the only one not using unbundled RECs in its emissions reporting. At Trace we are moving to Gross emissions reporting, you will be able to see your net emissions but these will be a separate number and should not be used for reporting on the emissions of your organisation today. I can see the other side of the coin - we need to be motivated by progress and see that reflected in the numbers. Net emissions reporting does allow for that. But it is somewhat a false sense of achievement. Net emissions are a great way for a business to demonstrate where and how they are acting on climate but it is not the whole picture. I'd love to hear more thoughts on this- comment below! #emissions #carbon #netzero Google Meta for Business, Microsoft Amazon Trace
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Tao Climate has been selected by Google as a proud member of its Google Startups for Sustainable Development program! 🌱✈️ But that's not all. We're taking sustainability to new heights—literally. At Tao Climate, we see carbon as an opportunity for the aviation industry! We're revolutionising aviation by effectively transforming emissions into sustainable housing for millions of people worldwide. 🏠🌱 That’s scalable, science-based & data-driven carbon removal with multiple co-benefits! Learn more: https://lnkd.in/eqtGfdwk And guess what? We've soared to new heights by making it to the TOP 100 Carbon Removal companies worldwide, as selected by none other than Elon Musk's XPRIZE! 🌟 Follow us & stay tuned as we continue to revolutionise sustainability and make a real impact on our planet! 🌐💚 #Sustainability #Innovation #ClimateAction #Aviation #GoogleStartups #XPRIZE #CarbonRemoval #TaoClimate The Earthshot Prize illuminem
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Co-Founder and Director at HyFlux, and myMaskFit | MBA | BEng | 2024 Uplink World Economic Forum Top Innovator
🌍 The Climate Brick: A Game-Changer for Scaling Climate Tech In the race against climate change, innovation is only half the battle. Scaling that innovation globally is the real challenge. The Climate Brick is here to help. It’s the missing manual for climate tech, offering a framework to navigate the complex scaling journey. 🚀 The opportunity? A potential €270 trillion in global investment by 2050, and a chance to reduce 90% of man-made emissions. But here’s the problem: Scaling processes are inefficient. That’s why we created The Climate Brick—a roadmap for the climate tech sector. 🔍 What’s inside? • Insights from 3,000+ ventures • Guidance from 100 industry leaders • 7 distinct scaling journeys, including: • Gigascaling • New Technology • Companion Software • Product Disruption • Green Deployment • Asset-as-a-Service • Moonshot Technologies Each journey addresses unique challenges, from deploying CAPEX-heavy green infrastructure to cutting-edge innovations like fusion energy. 🌱 Who should pay attention? Founders, investors, and policymakers looking for actionable insights to scale climate tech faster and smarter. Ready to scale? 👉 Explore the framework at climatebrick.com and take your venture to the next level. #ClimateTech #Sustainability #Innovation #GreenBusiness
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2024 has been all about carbon credits so far! In the last one month alone, major companies including Google, Microsoft, Shopify, the LEGO Group, Mitsubishi Corporation, Toyota Motor Corporation etc bought millions of worth of carbon credits from projects all over the world! But what's driving this surge of excitement around carbon removal credits? Here's everything you need to know :) #carboncredits #Climate #CDR #CarbonRemoval #ClimateAction #ClimateSolutions #CarbonCapture #ClimateTech #ClimateResilience
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Google, Meta, Microsoft, Salesforce Pledge for 20M Tons of Nature-Based CDR Credits. Read about their new idea for carbon removal >> https://lnkd.in/g3wViEQ9 These tech giants formed the Symbiosis Coalition. Signed agreements for high-quality projects that use conservative climate impact assumptions, best practices, and fair compensation for Indigenous Peoples. #google #meta #microsoft #salesforce #carbonpricing #carbonscapture #carbonoffsets #carboncredits #carbonmarkets #carbonnews #carbonprices #climatechange #cleanenergy #decarbonization #energytransition #esg #greenhydrogen #netzero
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Google, Meta, Microsoft, Salesforce Pledge for 20M Tons of Nature-Based CDR Credits. Read about their new idea for carbon removal >> https://lnkd.in/g8wGWCPx These tech giants formed the Symbiosis Coalition. Signed agreements for high-quality projects that use conservative climate impact assumptions, best practices, and fair compensation for Indigenous Peoples. #google #meta #microsoft #salesforce #carbonpricing #carbonscapture #carbonoffsets #carboncredits #carbonmarkets #carbonnews #carbonprices #climatechange #cleanenergy #decarbonization #energytransition #esg #greenhydrogen #netzero
Google, Meta, Microsoft, and Salesforce Launch “Symbiosis”, Pledging for 20M Tons of Nature-Based CDR Credits
carboncredits.com
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🌍 It’s TIME for Bold Climate Action! 🌍 At #ClimateWeekNYC, Google’s Chief Sustainability Officer Kate Brandt took the stage to share how Google’s harnessing tech to tackle climate change with urgency and ambition. Here’s what they’re aiming for by 2030: ⚡ AI-Powered Carbon Cuts: From syncing traffic lights to predicting wildfires, Google’s using AI to help cities, businesses, and individuals prevent a gigaton of carbon emissions a year. Imagine the ripple effects! 🌱 24/7 Carbon-Free Energy: The goal? To run all Google data centers and offices on clean energy, around the clock. It’s bold, it’s big, and it’s Google’s commitment to real change. 💡 Game-Changing Partnerships: With allies like BlackRock and NV Energy, Google’s moving the needle on grid decarbonization, focusing on regions like Asia-Pacific where it matters most. Climate solutions need teamwork, and Google’s showing us what’s possible when industries and innovators join forces. 🌍🌱💪 Credits: Climate group via youtube | Speaker: Kate Brandt Follow Maiti Labs for more such updates! #ClimateWeekNYC #GoogleForGood #CarbonFree2030 #AIForClimate #SustainableFuture
El Tecnologico de la Influencia
7moThanks for sharing💡🤠