CleanEquity®, the forum on sustainable technological innovation, co-founded by H.S.H. Prince Albert II of Monaco and Mungo Park, President of Innovator Capital, took place in Monaco on October 22 and 23.

Among the partners and sponsors of CleanEquity® are the Foundation Prince Albert II of Monaco (FPA2), BP Ventures, Covington & Burling, Cranfield University, Earth Capital, Edufront, Monaco Economic Board (MEB), and Parkview.

The CleanEquity® conference highlights the crucial role that innovation plays in decarbonization and how financial markets will have to “adapt and play their part” to quote Dr Kirsten Dunlop, CEO of EIT Climate-KIC, newly sponsored by ICL.

The CleanEquity® team at Innovator Capital (“ICL”), a London-based specialist investment bank, reviewed more than 600 technologies for the 13th anniversary.

In total, 22 companies selected from 11 different countries, were including 4 from the United States and UK, 3 from the Netherlands, 2 from Canada, Australia, Israel, and a representative from France, Germany, Finland, Sweden, and Costa Rica.

All of them have been identified by the group of experts as being technologically sustainable companies, the most innovative in the world and whose projects are intended to be presented to various investor profiles (sovereign, privates, professionals, or wealthy families).

According to the organization EIT Climate- (KIC) supported by the European Institute of Innovation and Technology, a low-carbon and sustainable economy is both necessary to prevent catastrophic climate change, and to provide a multitude of opportunities for business and society

« The challenges we face through human-made climate change today are unprecedented. We have about a decade left, according to the experts from the IPCC, to decarbonise our ways of living and doing business, and pursue serious climate adaptation and resilience strategies.

Without a shift in the way we innovate and in the ways in which we finance innovation we will not make it. Our obsession with short-term returns in financial markets is one of the most substantial obstacles we face and it must be replaced with patient capital designed to fully value the social and environmental benefits of investment.

Climate change requires much more than technological solutions; it calls for a myriad of innovations in the financial system itself.

A good starting point would be to shift away from banking on the stranded assets of an expiring fossil carbon economy and invest in portfolios of business models and innovations that integrate sustainable solutions in the real economy.

At EIT Climate-KIC, we work to accelerate the transition to a zero-carbon and resilient world by enabling systems transformation. We bring together more than 400 partners from business, academia, the public and non-profit sectors to create networks of expertise, through which innovative products, services and systems are developed, brought to market and scaled-up for impact. »

Dr Kirsten Dunlop, CEO Climate-KIC

Of all the prescribers of advanced technologies present at CleanEquity®, let us name for example:

-the Swedish company listed on Nasdaq First North, OrganoClick AB, which develops, produces and markets functional materials based on environmentally friendly fiber chemistry,

-OXTO Energy global supplier of energy storage technology,

-the company Raycatch, which has an innovative, AI-driven digital asset management system that automates and optimizes solar PV assets, making renewable energy more efficient, accessible and profitable. The system delivers a 360° view of the solar assets and shows exactly where are the performance issues, how to solve them and whether fixing them is a worthwhile investment. This enables asset owners, managers and operators to effectively manage their portfolio and optimize their yield.

-and Taronis Fuels, second company integrated this yer, which technology offers a compelling alternative to harmful legacy carbon-based fuels.

« We produce environmentally responsible, hydrogen-based fuel products at a fraction of the cost of acetylene and propylene. Our products are functionally vastly superior. We are unique in that our solutions do not come with compromise or detrimental trade-offs. We simply deliver a cleaner, safer, smarter, cheaper alternative. We look forward to sharing our corporate vision, our desire to positively impact the environment, and our compelling technology with the attending companies and investors.»

Scott Mahoney, CEO Taronis Fuels

Article: Joana Foglia