article thumbnail

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

AsiaTechDaily

. “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. 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.

energy 84
article thumbnail

Impact Hub and Goodwings Partner to Remove Carbon from the Atmosphere

Impact Hub

Together, we aim to mitigate the negative impact of climate change and help to meet the Paris Agreement goal of limiting global warming below 2°C by 2050. Impact Hub supports 24.000+ impact-driven entrepreneurs and innovators by connecting them with 100s of organizations, investors and the public sector. About Impact Hub.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IFC launches new platform to bolster digital economy in Africa, Middle East, Central Asia, and Pakistan

AsiaTechDaily

He said IFC’s Venture Capital Platform will help tech companies and entrepreneurs expand during a time of capital shortage, thus creating scalable investment opportunities and backing countries’ efforts to build transformative tech ecosystems. But despite all these, growth potentials remained enormous across these regions.

article thumbnail

Impact Hub Scaling Green Ventures: Meet The Innovators Accelerating Climate Action

Impact Hub

According to a recent McKinsey report , reaching net zero by 2050 could require a 60% increase in capital spending on physical assets compared to current levels. trillion per year until 2050, with $6.5 The total investment needed amounts to $9.2 trillion annually allocated to low-emissions assets and enabling infrastructure.

article thumbnail

Scaling green ventures: meet the innovators accelerating climate action

Impact Hub

Impact Hub Network Global team Facebook Twitter LinkedIn WhatsApp According to a recent McKinsey report , reaching net zero by 2050 could require a 60% increase in capital spending on physical assets compared to current levels. trillion per year until 2050, with $6.5 The total investment needed amounts to $9.2

article thumbnail

Subak, which incubates data-for-climate not-for-profits, announces six startups in 2022 cohort

TechCrunch

The Subak incubator launched last summer — with a goal of making a tangible difference to not-for-profit climate action by linking eco-minded entrepreneurs and projects with an ecosystem of tech innovators who know how to scale projects and create global impact. We’ve seen the work Subak’s first cohort has already achieved.

article thumbnail

Circularity tales: From organic waste to alternative proteins

Impact Hub

billion tonnes of waste projected by 2050, as highlighted by the World Bank, a paradigm shift is imperative. As part of their commitment, they have initiated the Circularity Tales series, shedding light on entrepreneurs within their network leading the circular charge. To combat the looming 3.40