SustainabilityWorks Ireland’s Post

SustainabilityWorks Ireland has just released our second Climate Tech in Ireland 2024 report, created in partnership with PwC Ireland.   The spotlight is rightly on net-zero targets, SBTi, and net-zero transition plans. Still, I firmly believe that climate technology is one of the missing pieces of the decarbonisation jigsaw.   Approximately 88% of global emissions are now covered by a net-zero carbon target. The deadline to reach many of these carbon targets—whether in 2030 or 2050—is fast approaching. As Ireland approaches the five-year mark of halving global climate emissions, the urgency of the situation cannot be overstated.   Decarbonisation is a problem that can be solved, and it is, in fact, a business opportunity. It can lead to cost savings, new revenue streams, and even market leadership. And let's not forget the bonus of attracting top talent and winning over eco-conscious consumers.   And for those pioneering Climate Tech solutions, the horizon is bright with opportunities. Our report highlights 22 remarkable companies from across the island of Ireland, and our research has identified over 300 pure-play Climate Tech companies. The energy sector continues to dominate, but we're seeing a growing number of Climate Tech companies addressing decarbonisation in the Mobility & Transport and Industry, Manufacturing and Resource Management (IMRM) sectors. We believe that Ireland has a strong ‘right to win’ in Climate Tech, and there are a number of immediate opportunities we could focus on: • Decarbonisation in commercial buildings  • Smart farming, nature restoration and food system innovation - Ireland’s largest domestic sector has an opportunity to lead the way globally  • Ireland can play a leading role in EV battery technology and the advancement of Sustainable Aviation Fuels (SAF) • Empowering women-led businesses and ensuring equitable access to finance • Grid technologies and energy management services  • Innovation in climate adaptation technologies. Our report calls for three specific actions: • Creating a Climate Tech Roadmap for Ireland to align decarbonisation targets with emerging Climate Tech solutions  • Focusing funding and support on developing climate technologies in sectors where Ireland has a competitive advantage  • Officially recognising Climate Tech as a unique and vital sector in its own right A huge thank you to David McGee and the Dublin team, Orlaith McGoldrick, Trish Dineen, Katie Cotter and their colleagues in Northern Ireland, Caitroina McCusker, and Majella Mason. And from the SustainabilityWorks Ireland team, Laura Heuston, Paddy Molony, and Conor Morrow, formerly of this parish. https://lnkd.in/eyENfgnj

In PwC Ireland’s latest Irish Climate Tech Opportunity report, produced in partnership with SustainabilityWorks Ireland, we delve into the dynamic and diverse landscape of Ireland’s Climate Tech ecosystem. With over 300 companies innovating beyond energy, Irish entrepreneurs are addressing local challenges and scaling solutions internationally. Learn more about how Ireland’s Climate Tech sector is making a significant global impact. Dive into our report to discover the key actions businesses can take to leverage this momentum: www.pwc.ie/climatetech

A successful energy transition relies on the development of new climate technologies and insurers have a key role to play in getting them to market. At this recent Responsible Investment Association event, Maryam Golnaraghi, Ph.D. outlined how involving insurers from the very early phases of projects is critical to unlocking capital and boosting the insurability of climate tech. Find out more about our research on climate tech and insurance: https://lnkd.in/dXzvX9VZ

State of nature metrics are critical to anyone who is serious about driving credible impact towards nature-positive outcomes. Watch the video to learn why.👇🎬 We're inviting businesses, financial institutions, regulators, policymakers, scientists, assurance providers, NGOs, land owners, local groups and academics to provide input on the proposed State of Nature Metrics to drive action for a truly nature-positive future. Only 6 DAYS left to take part in the consultation ahead of the deadline on 13 November: https://lnkd.in/eycKGxAw Malcolm Starkey, The Biodiversity Consultancy Ltd, Frank Hawkins, IUCN, Diane Holdorf, WBCSD – World Business Council for Sustainable Development, Tony Goldner, Taskforce on Nature-related Financial Disclosures (TNFD), Gregory Watson, Inter-American Development Bank, Emily McKenzie, Rennie Meyers, Ørsted Alexandra Banks, EY, Marco Lambertini, Gavin Edwards

Deadline extended! If, like me, you're finally feeling human again after the whirlwind that was COP16, please can I encourage you to put your rediscovered brainpower into checking out the Nature Positive Initiative's state of nature metrics consultation - now open until 13 November. These metrics are designed to be embedded in frameworks including Taskforce on Nature-related Financial Disclosures (TNFD), Science Based Targets Network (SBTN) and Global Reporting Initiative (GRI), meaning they could be crossing many of our desks in future. Click here to help shape them: https://lnkd.in/ekwfhni5

Should public bodies intervene to back innovative companies, or are these businesses best left to develop themselves in the private sector? Our work shows that there are a series of policy levers across the innovation lifecycle that can accelerate the path of new technologies to the scale required for climate impact and economic growth. Get some real-world examples of successful public intervention mechanisms that governments can implement in the following stages and show how they should be prioritized in Noah Ross’ latest perspective:  https://hubs.li/Q02q7lFT0

📢 State of Nature Metrics - Deadline to provide feedback State of nature metrics are essential for advancing credible impact towards nature-positive outcomes. We encourage businesses, financial institutions, regulators, policymakers, scientists, assurance providers, NGOs, landowners, local groups, academics and other interested stakeholders to contribute to the consultation and share your feedback on the State of nature metrics developed by the Nature Positive Initiative. 📅 Deadline, 13 November - https://lnkd.in/eycKGxAw The consultation will conclude next week, and your feedback will help in developing a single set of science-based and practical metrics to help organisations assess and report on their impact on nature. #NaturePositive #TNFD #Metrics #SustainableFinance

Global Green Growth Week 2024 as a panelist. climate tech ecosystem, revenue scalability, not enough funding, real climate tech, hurdles/drivers, innovative funding schemes, companies at different stages, investors with diffrent strategies in my mind. thanks Juhern.

Curious about the latest trends in Climate Tech? We’re excited to share Guy & Niranjan panel discussion from our recent UK parliament forum! Dive in as Guy Cherni, Co Founder and Managing Partner at Climate First and Niranjan Sirdeshpande, Global Head of Investments at M&G Investments discuss breakthrough trends, innovation cycles, and the hidden power of policy in shaping our climate future.

🗓️ On April 3 and 4, the Institute for Climate and Society is organizing, alongside Capacity-building Alliance of Sustainable Investment (CASI) of Institute of Finance and Sustainability (IFS) and JGP another important event about climate finance: “Financing green and transition: towards a low-GHG and climate-resilient future.” 📍Organized in São Paulo, the event will bring together multisectoral actors from Latin America to discuss and promote training sessions on strategic topics of sustainable finance and the climate change agenda, including themes such as global markets for sustainable finance, policies for building a favorable regulatory environment for sustainable finance, sustainable financial instruments, sustainability reporting, expanding financing for transition and biodiversity conservation. At the event, it will be possible to reflect on the achievements and challenges in the mobilization of resources for a low carbon future and climate resilience, in addition to understanding the next steps and the sharing of the best international practices on the topic. 🌍 💻Register to follow the event online, when it is broadcast live: https://lnkd.in/g-zs4jF2