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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.

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Betting On The Price Of Carbon

A VC: Musings of a VC in NYC

My partner Albert shared this article yesterday which suggests that the price of carbon will have to reach $150/ton by 2030 in order to create the conditions for the world to get to zero carbon by 2050.

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Singapore’s InterContinental Energy Attracts $115M Funding from GIC and Hy24

AsiaTechDaily

Green hydrogen is a burgeoning sector with immense potential, anticipated to reach a market size between 450 and 600 million tons per annum (MTPA) by 2050. . “We launched Hy24 to catalyze the development of the hydrogen industry at scale by investing in hydrogen leaders and entrepreneurs,” stated Hy24 CEO Pierre-Etienne Franc.

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Pangyo Techno Valley: Leading the Charge in ESG Management and Building a Sustainable Industry Ecosystem

AsiaTechDaily

Aimed at supporting SMEs grappling with burgeoning ESG demands, this initiative also strengthens carbon reduction regulations, paving the path for 2050 carbon neutrality. For instance, South Korea’s Ministry of Economy and Finance, in collaboration with related agencies, introduced the K-ESG guidelines in 2021.

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TRIREC, INNOPOWER team up for $100m green energy fund

AsiaTechDaily

This strategic partnership will help catalyze the investment in companies that are making substantial contributions towards the global target of achieving a net-zero economy by 2050, according to the announcement.

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ZEBOX, an incubator for supply chain startups, launches its Asia hub in Singapore

TechCrunch

This is an especially critical area for CMA CGM Group, since its goal is to reach net zero carbon by 2050. Another is decarbonization and ZEBOX is looking at alternative fuels, net zero energy, asset recovery, green infrastructure, emissions tracking and reporting and sustainable warehousing and distribution.

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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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