What an amazing journey and excited to see what CIC is able to support, cultivate and the change agents we create through this added vote of confidence and Alex's leadership COP28! Onward & Upward!! Godspeed!!!
PRESS RELEASE: The COP28 Presidency has facilitated the founding of a climate coalition to drive global climate technology ecosystems. Climate Impact Capital is proud to announce that we are a founding Program Partner and Rollout Partner. The founding of Innovate for Climate Tech will improve innovation and strengthen ecosystems, while creating a welcoming and inclusive environment for climate actors across the innovation value chain. Its aim is to identify and magnify ongoing and future initiatives to accelerate the growth of climate technologies and create ecosystems that support their development. “The widespread adoption of cutting-edge technologies is critical to driving zero carbon growth and reaching global climate goals. We need all stakeholders to collaborate and establish an ecosystem for #innovation and #investment that can generate #sustainable #economicgrowth and #employment. The launch of Innovate for #climatetech, a global coalition of public and private climate tech ecosystem players, aligns with the COP28 Presidency's call for the rapid development of solutions to accelerate global #decarbonization and #adaptation to #climatechange impacts... ,” said Adnan Amin, CEO of #cop28uae. The initiative is anchored by Masdar City, a pioneering sustainable urban community and innovation hub in Abu Dhabi, Tencent, a world-leading internet and technology company, the Catalyst, a startup technology accelerator also based in Masdar City. A diverse group of global climate technology stakeholders joined the coalition to create an inclusive environment for collaboration to advance climate solutions. These also include: AVCA - The African Private Capital Association, C3 - Companies Creating Change, Cool Climate Collective, Crescent Enterprises, The Emirates Family Office Association, Hub71, Impact Hub Shanghai, McKinsey & Company Sustainabilty, Natural Ventures, Nedamco Africa, New Energy Nexus, Plug and Play Tech Center, Princeville Capital, Riffle Ventures, Schneider Electric, Sharjah Entrepreneurship Center (Sheraa), Solar Impulse Foundation, Sustainable Impact Capital & Holding, Venture Climate Alliance and VentureSouq. Ahmed Baghoum, CEO of Masdar City, said, “I am extremely pleased to announce our collaboration with Tencent and Catalyst in forming the Innovate for Climate Tech coalition." The coalition will unveil its first initiative at COP28, which aims to unite climate tech innovators, investors, program and knowledge partners. The coalition will launch a global digital climate technology platform by Tencent which will connect startups, venture capitalists, corporations, governments, family offices, research institutes, philanthropies, innovation entities, universities and multilaterals. It also has a knowledge database for curated content, and a platform board to introduce users to global climate tech programs.