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An overview of
ClimateTech
How techies can make a
difference
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ecolytiq
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Introduction
Introduction
Who am I?
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Moritz Walther
Product Owner @ ecolytiq
linkedin.com/in/moritz-walther/
ecoyltiq
In a nutshell
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ecolytiq provides digital infrastructure for banks to drive
climate action and act on their role in fighting climate
change
We calculate a consumer carbon footprint by analysing
payment data
Enable consumers to understand CO2 impact and reduce
their footprint by living more sustainably or offsetting
7 live banks
~1m end users
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Climate Change
Climate Change
Why is it the most important issue facing us today?
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Reduced crop yields of 11,1%
20% more of the world exposed to tropic illnesses
17% of landmass faces annual extreme rainfalls
250,000 deaths attributable to effects of climate change per year
1,5°
2°
3°+
Between 800 million and 3 billion people globally exposed to chronic water scarcity
Reduced crop yields of 14,8%
30% more of the world exposed to tropic illnesses
36% of landmass faces annual extreme rainfalls
Between 1 and 4 billion face chronic water scarcity
Global economic contraction of 18% with up to 50% in the worst hit areas
12% of population displaced (or threatened) by rising sea levels
Reduced crop yields of 22,2%
29% of species face extinction
500% increased risk of exposure to extreme weather events
Sources: IPCC; New York Times; Scientific American; World Health Organization
The Climate Emergency
And why recycling isn’t going to cut it
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• Already between 1,1 and 1,3° warming has
occured
• Current policies put us on track for 2,7 degrees
warming
• Substantial gap on what governments have
promised and what they have actually done, the
action path puts us on track for 3,6°
• For 1,5 degree scenarios emissions must peak by
2025 and we must achieve net-zero by 2050
• To reach 2025 goals emissions growth needs to
be reduced 33% every year, instead emissions
grew 6% over last year
Sources: Carbon Action Tracker; Nature Journal
Where is it coming from
Who is causing what problems?
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Making things
• cement
• steel
• plastic
• etc.
Electricity
Feeding
ourselves
agriculture
plants
animals
Transportation
planes
trucks
cargo ships
cars
Temperature regulation
heating
cooling
refrigeration
31%
27%
19%
16%
7%
51 Bn
tonnes of GHGs added to
the atmosphere each year
Sources: How to Avoid a Climate Disaster Bill Gates
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Technology &
Climate Change
Drawdown
How to avoid a climate catastophe
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The drawdown is the point in which greenhouse gases in the atmosphere stop rising and start to steadily
decline, thereby stopping catastrophic climate change.
Sources: Harvard Business Review; Project Drawdown
Malthusian View Solovian View
vs.
• Advocates de-growth i.e. the view that
we need to shrink consumption and
production in order to save the planet
• Advocates self restraint
• In favor of strong regulation
• Originates with economist Thomas
Malthus over 200 years ago who
predicted exponential population
growth would mean we can’t feed
ourselves in the future
• Advocates innovation i.e. the view that
environmental crisis should be
addressed through zero-emission or
emission extracting technologies
• Believes that acute need spurs
innovation
• Originates with economist Robert Solow
ClimateTech
The startups out to save the world
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800+ ClimateTech companies in Europe
Energy
Food
Mobility
Circularity
Data
Agriculture
Finance
Offsetting
Industry
Carbon Capture
Carbon Capture and Storage
Promising technologies and companies removing carbon from our atmosphere
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Development
R&D PoC Scale
Direct air
capture
Technology: Air is pumped through large filters. A
chemical reaction separated CO2. The CO2 is
injected underground into rock and stored until it is
mineralized
Funding: 6th round - 650m CHF
Green Premium: 5-12x. DAC costs 250-600 USD/
ton CO2 vs. ~50 USD/ton CO2 for reforestation
Challenges:
• Where can enough green power be sourced?
• Where can large facilities be built?
• Can enough CO2 be filtered?
Time
Mature
Capital
x
Risk
Nature based
solutions
Biochar / Bio-oil
Ocean
fertilization &
upwelling
Soil carbon
sequestration
Enhanced
weathering
Sources: International Energy Agency; Energy Transition Institute; Climeworks
Enhanced oil
recovery
Point capture
Capture
Storage
Energy
Technologies promising to deliver carbon free energy
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Development
R&D PoC Scale
Load shifting
Time
Mature
Capital
x
Risk
Pumped hydro
Sources How to Avoid a Climate Disaster Bill Gates; Breakthrough Energy; Tibber
Nuclear fission
Solar
Wind
Production
Storage
Hydrogen & fuel
cells
Nuclear fusion
Thermal storage
Technology: subscription-based (not consumption
based) energy company which incentivizes
customers to use when renewables are cheapest.
Funding: Series C - 90m EUR
Green Premium: 15%. 1 Kwh all renewables 0,15
USD vs. 0,13 USD normal energy mix.
Challenges:
• How do we use more energy when there is a
high renewables mix in the grid?
• How do we scale solar given the land needed?
• How do we transport and store renewables?
Circular Economy
Promising technologies and companies removing transforming in/out economies
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Development
R&D PoC Scale
Time
Mature
Capital
x
Risk
Product life
extension
Sources: Statista; Greyparrot
Waste as a
resource
Materials
marketplace
Reuse platforms
Optimized usage
Advanced
materials
Advanced material
recovery
Technology: Automated AI powered waste sorting
and recycling
Funding: Series A – 8,9m GBP
Challenges:
• How can we ensure plastics are actually
recycled? How can high quality plastics be
identified?
• How can we make sorting waste cost effective?
• How can the price of recycled materials be
brought down and the quality raised?
Agriculture
Companies and technologies ensuring we can feed ourselves in a net zero world
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Development
R&D PoC Scale
Time
Mature
Capital
x
Risk
Sources: Europa.eu; the Gaurdian; eu-startups.com
Technology: indoor vertical farms
Funding: Series B – 88m EUR
Challenges:
• How can we grow more food with less resources?
• Can cattle be raised methane free?
• Can ammonia (nitrogen) based fertilizers be made
without fossil fuels?
• How can we avoid waste of fertilizer?
• How can we produce food without deforestation?
Vertical farming
Hydroponics
Genetic
engineering
Nitrogen fixing
bacteria
Alternative feed
Selective
breeding
Methane
capture
Mobility
Exciting companies and technologies for getting around in a net zero world
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Development
R&D PoC Scale
Time
Mature
Capital
x
Risk
Sources: Volta Trucls; PwC
Sharing economy
Synthetic
Aviation Fuel
Technology: Electric trucks
Funding: Series C – 230m EUR
Green premium: Cars – close to zero, trucks &
buses 108%, Aviation 296%, Shipping 601%
Funding: Series A – 8,9m GBP
Challenges:
• Can aviation be decarbonized?
• Can batteries power long distance
transportation?
Electric aviation
Electric trucking
Electric shipping
Fuel
cells
Electric cars
E-bikes and
scooters
Biofuels
Food
Companies and technologies transforming food to help us achieve net zero
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Development
R&D PoC Scale
Time
Mature
Capital
x
Risk
Sources: Foodhack; Startup Basecamp; Nova Meat
Technology: 3D printing of plant based meats to
replicate tissue texture
Funding: Seed – 5m EUR
Green Premium: 86% average price of vegan
alternatives to the animal based variety
Challenges:
• Will consumers switch their preferences away
from meat?
• Can meat taste and texture be replicated?
Cultivated meat
Insect protein
Meat substitutes
Waste reduction
Seaweed
Printed meats
Egg analogues
Heavy Industry
Companies and technologies transforming the cement and steel industries
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Development
R&D PoC Scale
Time
Mature
Capital
x
Risk
Sources: Crunchbase; Breakthrough Energy; McKinsey
Alternate injection
materials
Technology: 95% emissions reduction in steal
manufacturing by using green hydrogen and iron
recycling
Funding: Series B – 190m EUR
Green Premium: 140% green cement, 29% green
steel
Challenges:
• Is it possible to decarbonize the chemical
reactions used for steel and cement making?
Point capture
Carbon cured
cement
Electrification Efficient furnaces
Molten oxide
electrolysis
Cement
Steel
Clinker
substitution
Cross laminated
timber
Data & Climate Insights
Companies and technologies helping us measure and manage climate change
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rights
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Development
R&D PoC Scale
Time
Mature
Capital
x
Risk
Sources: Fortune
Technology: Cloud based carbon accounting software and
reduction strategy
Funding: Series A – 8,6m EUR
Carbon footprinting
Climate modelling
Lifecycle assesment
Supply chain
transparency
Demand forecasting
ESG ratings
Carbon accounting
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How to make a
difference
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Geeks for Good
Why the climate crisis needs us
Thinks
scientifically
Adopts new
technologies
early
Excited about
solving complex
problems
Experienced at
scaling
innovation
Works cross
sector
©
by
ecolytiq
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all
rights
reserved
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www.ecolytiq.com
As a techie
As an
individual
Live
sustainably
Offset
your
impact
Work in
ClimateTech
As an
employee
Getting involved
What can tech people do?
Be an early
adopter of
clean tech
Commit
your work
to net zero
Conduct
research
Invest in
clean tech Do your
carbon
accounting
Offset
Donate
money
Start a
company
Join a
hackathon
©
by
ecolytiq
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Thanks!
Any
questions?
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www.ecolytiq.com
Resources for getting involved
What can tech people do?
Career:
• Really great job board: https://www.climateu.earth/
• https://climate.careers/
• The Absolute Beginner's Guide to Getting a Data Job in Climate
https://www.notion.so/The-Absolute-Beginner-s-Guide-to-Getting-a-Data-Job-in-Climate-
e54eaa96e8a64c9ca9627b8fc5994417
Hackathons:
• https://www.climatefounders.com/climate-hack
• https://climathon.climate-kic.org/
Volunteer / Pro Bono opportunities for Comp Sci people
• https://www.notion.so/Looking-to-Get-Involved-with-Climate-Neutral-
1330539994644816bef3fe38f517b167
Slack communities:
• https://www.climateu.earth/community
• https://workonclimate.org/
Bootcamps / learn more:
• https://www.climatebootcamp.com/
• https://terra.do/climate-education/cohort-courses/climate-change-learning-for-action/

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Climate-tech: how techies can make a difference in the fight against climate change

  • 1. An overview of ClimateTech How techies can make a difference
  • 3. Introduction Who am I? © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Moritz Walther Product Owner @ ecolytiq linkedin.com/in/moritz-walther/
  • 4. ecoyltiq In a nutshell © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com ecolytiq provides digital infrastructure for banks to drive climate action and act on their role in fighting climate change We calculate a consumer carbon footprint by analysing payment data Enable consumers to understand CO2 impact and reduce their footprint by living more sustainably or offsetting 7 live banks ~1m end users
  • 6. Climate Change Why is it the most important issue facing us today? © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Reduced crop yields of 11,1% 20% more of the world exposed to tropic illnesses 17% of landmass faces annual extreme rainfalls 250,000 deaths attributable to effects of climate change per year 1,5° 2° 3°+ Between 800 million and 3 billion people globally exposed to chronic water scarcity Reduced crop yields of 14,8% 30% more of the world exposed to tropic illnesses 36% of landmass faces annual extreme rainfalls Between 1 and 4 billion face chronic water scarcity Global economic contraction of 18% with up to 50% in the worst hit areas 12% of population displaced (or threatened) by rising sea levels Reduced crop yields of 22,2% 29% of species face extinction 500% increased risk of exposure to extreme weather events Sources: IPCC; New York Times; Scientific American; World Health Organization
  • 7. The Climate Emergency And why recycling isn’t going to cut it © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com • Already between 1,1 and 1,3° warming has occured • Current policies put us on track for 2,7 degrees warming • Substantial gap on what governments have promised and what they have actually done, the action path puts us on track for 3,6° • For 1,5 degree scenarios emissions must peak by 2025 and we must achieve net-zero by 2050 • To reach 2025 goals emissions growth needs to be reduced 33% every year, instead emissions grew 6% over last year Sources: Carbon Action Tracker; Nature Journal
  • 8. Where is it coming from Who is causing what problems? © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Making things • cement • steel • plastic • etc. Electricity Feeding ourselves agriculture plants animals Transportation planes trucks cargo ships cars Temperature regulation heating cooling refrigeration 31% 27% 19% 16% 7% 51 Bn tonnes of GHGs added to the atmosphere each year Sources: How to Avoid a Climate Disaster Bill Gates
  • 10. Drawdown How to avoid a climate catastophe © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com The drawdown is the point in which greenhouse gases in the atmosphere stop rising and start to steadily decline, thereby stopping catastrophic climate change. Sources: Harvard Business Review; Project Drawdown Malthusian View Solovian View vs. • Advocates de-growth i.e. the view that we need to shrink consumption and production in order to save the planet • Advocates self restraint • In favor of strong regulation • Originates with economist Thomas Malthus over 200 years ago who predicted exponential population growth would mean we can’t feed ourselves in the future • Advocates innovation i.e. the view that environmental crisis should be addressed through zero-emission or emission extracting technologies • Believes that acute need spurs innovation • Originates with economist Robert Solow
  • 11. ClimateTech The startups out to save the world © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com 800+ ClimateTech companies in Europe Energy Food Mobility Circularity Data Agriculture Finance Offsetting Industry Carbon Capture
  • 12. Carbon Capture and Storage Promising technologies and companies removing carbon from our atmosphere © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Development R&D PoC Scale Direct air capture Technology: Air is pumped through large filters. A chemical reaction separated CO2. The CO2 is injected underground into rock and stored until it is mineralized Funding: 6th round - 650m CHF Green Premium: 5-12x. DAC costs 250-600 USD/ ton CO2 vs. ~50 USD/ton CO2 for reforestation Challenges: • Where can enough green power be sourced? • Where can large facilities be built? • Can enough CO2 be filtered? Time Mature Capital x Risk Nature based solutions Biochar / Bio-oil Ocean fertilization & upwelling Soil carbon sequestration Enhanced weathering Sources: International Energy Agency; Energy Transition Institute; Climeworks Enhanced oil recovery Point capture Capture Storage
  • 13. Energy Technologies promising to deliver carbon free energy © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Development R&D PoC Scale Load shifting Time Mature Capital x Risk Pumped hydro Sources How to Avoid a Climate Disaster Bill Gates; Breakthrough Energy; Tibber Nuclear fission Solar Wind Production Storage Hydrogen & fuel cells Nuclear fusion Thermal storage Technology: subscription-based (not consumption based) energy company which incentivizes customers to use when renewables are cheapest. Funding: Series C - 90m EUR Green Premium: 15%. 1 Kwh all renewables 0,15 USD vs. 0,13 USD normal energy mix. Challenges: • How do we use more energy when there is a high renewables mix in the grid? • How do we scale solar given the land needed? • How do we transport and store renewables?
  • 14. Circular Economy Promising technologies and companies removing transforming in/out economies © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Development R&D PoC Scale Time Mature Capital x Risk Product life extension Sources: Statista; Greyparrot Waste as a resource Materials marketplace Reuse platforms Optimized usage Advanced materials Advanced material recovery Technology: Automated AI powered waste sorting and recycling Funding: Series A – 8,9m GBP Challenges: • How can we ensure plastics are actually recycled? How can high quality plastics be identified? • How can we make sorting waste cost effective? • How can the price of recycled materials be brought down and the quality raised?
  • 15. Agriculture Companies and technologies ensuring we can feed ourselves in a net zero world © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Development R&D PoC Scale Time Mature Capital x Risk Sources: Europa.eu; the Gaurdian; eu-startups.com Technology: indoor vertical farms Funding: Series B – 88m EUR Challenges: • How can we grow more food with less resources? • Can cattle be raised methane free? • Can ammonia (nitrogen) based fertilizers be made without fossil fuels? • How can we avoid waste of fertilizer? • How can we produce food without deforestation? Vertical farming Hydroponics Genetic engineering Nitrogen fixing bacteria Alternative feed Selective breeding Methane capture
  • 16. Mobility Exciting companies and technologies for getting around in a net zero world © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Development R&D PoC Scale Time Mature Capital x Risk Sources: Volta Trucls; PwC Sharing economy Synthetic Aviation Fuel Technology: Electric trucks Funding: Series C – 230m EUR Green premium: Cars – close to zero, trucks & buses 108%, Aviation 296%, Shipping 601% Funding: Series A – 8,9m GBP Challenges: • Can aviation be decarbonized? • Can batteries power long distance transportation? Electric aviation Electric trucking Electric shipping Fuel cells Electric cars E-bikes and scooters Biofuels
  • 17. Food Companies and technologies transforming food to help us achieve net zero © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Development R&D PoC Scale Time Mature Capital x Risk Sources: Foodhack; Startup Basecamp; Nova Meat Technology: 3D printing of plant based meats to replicate tissue texture Funding: Seed – 5m EUR Green Premium: 86% average price of vegan alternatives to the animal based variety Challenges: • Will consumers switch their preferences away from meat? • Can meat taste and texture be replicated? Cultivated meat Insect protein Meat substitutes Waste reduction Seaweed Printed meats Egg analogues
  • 18. Heavy Industry Companies and technologies transforming the cement and steel industries © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Development R&D PoC Scale Time Mature Capital x Risk Sources: Crunchbase; Breakthrough Energy; McKinsey Alternate injection materials Technology: 95% emissions reduction in steal manufacturing by using green hydrogen and iron recycling Funding: Series B – 190m EUR Green Premium: 140% green cement, 29% green steel Challenges: • Is it possible to decarbonize the chemical reactions used for steel and cement making? Point capture Carbon cured cement Electrification Efficient furnaces Molten oxide electrolysis Cement Steel Clinker substitution Cross laminated timber
  • 19. Data & Climate Insights Companies and technologies helping us measure and manage climate change © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Development R&D PoC Scale Time Mature Capital x Risk Sources: Fortune Technology: Cloud based carbon accounting software and reduction strategy Funding: Series A – 8,6m EUR Carbon footprinting Climate modelling Lifecycle assesment Supply chain transparency Demand forecasting ESG ratings Carbon accounting
  • 21. © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Geeks for Good Why the climate crisis needs us Thinks scientifically Adopts new technologies early Excited about solving complex problems Experienced at scaling innovation Works cross sector
  • 22. © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com As a techie As an individual Live sustainably Offset your impact Work in ClimateTech As an employee Getting involved What can tech people do? Be an early adopter of clean tech Commit your work to net zero Conduct research Invest in clean tech Do your carbon accounting Offset Donate money Start a company Join a hackathon
  • 24. © by ecolytiq GmbH, all rights reserved – www.ecolytiq.com Resources for getting involved What can tech people do? Career: • Really great job board: https://www.climateu.earth/ • https://climate.careers/ • The Absolute Beginner's Guide to Getting a Data Job in Climate https://www.notion.so/The-Absolute-Beginner-s-Guide-to-Getting-a-Data-Job-in-Climate- e54eaa96e8a64c9ca9627b8fc5994417 Hackathons: • https://www.climatefounders.com/climate-hack • https://climathon.climate-kic.org/ Volunteer / Pro Bono opportunities for Comp Sci people • https://www.notion.so/Looking-to-Get-Involved-with-Climate-Neutral- 1330539994644816bef3fe38f517b167 Slack communities: • https://www.climateu.earth/community • https://workonclimate.org/ Bootcamps / learn more: • https://www.climatebootcamp.com/ • https://terra.do/climate-education/cohort-courses/climate-change-learning-for-action/