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Marie Ekeland launches 2050, a new fund with radically ambitious, long-term goals

TechCrunch

Marie Ekeland has unveiled her next act — and it’s a new fund called 2050. With 2050, Ekeland is going back to the drawing board with a different vision when it comes to investment thesis, fund structure and the firm’s own values. As the name suggests, 2050 has a lot of time to think about these issues.

Nonprofit 257
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COP28: How Du and Ericsson’s partnership is supporting UAE Net Zero Strategy

CIO

The partnership supports the objectives of the UAE Net Zero by 2030 Strategic Initiative and Du’s commitment to achieving Net Zero by 2050. The UAE Net Zero Strategy initiative is a national drive to achieve net-zero emissions by 2050, making the Emirates the first MENA country to do so.

.Net 237
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Emirates NBD drives sustainability goals with Microsoft partnership

CIO

Emirates NBD took the lead in the region in offering carbon future contracts trading, fulfilling growing demand from corporations to manage their carbon emissions offsetting and align with the UAE’s Net Zero 2050 action plan.

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Concert Bio lands pre-seed round to fix hydroponic farming’s ‘dirty secret’

TechCrunch

If the world wants to feed 10 billion people in 2050, it’ll need to find a better way to grow food. Today, about half the world’s habitable land is devoted to agriculture, yet even that amount can’t provide everyone with the sort of diet enjoyed by people in developed countries.

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Repurposing wastewater could help stop the planet from circling the drain

The Hustle

Waste not, want not By 2050, an estimated 70% of the world’s population will live in cities. But there are already some cool techniques on the horizon, like pyrolysis — a process in which organic matter is heated and turned into biochar, a form of concentrated carbon that can be buried underground or used for farming.

Chemicals 107
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AI-driven energy startup Octopus hits $2B mark after $200M investment from Tokyo Gas

TechCrunch

Japanese Prime Minister Yoshihide Suga has set a target of reaching net-zero by 2050. Japanese renewables lag the U.K. by 50% (renewables in Japan in 2019 accounted for 18.9% of electricity versus 37.9% in the U.K.), so the potential for growth is significant. In the U.K.,

Energy 297
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Swiss energy services company uses machine learning to see the future

CIO

That changed in 2017 when Swiss voters approved an energy act that would reduce the country’s dependency on fossil fuels by 2050. But because electricity consumption was easy to gauge, there was no urgency for measuring current and low voltage power flows.