# embeddings_queue

created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 25f39805-1ec2-4845-984a-fe29c9331f45
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 61, "chroma:document": "Last year, we conducted a massive sustainability upskilling program \nfor 300 top executives, where we took them through our strategies and \ngoals. I have also started a monthly Q&A session with all employees. And \nwe just launched our new Sustainability Academy capability platform that \nis open to all employees globally. It includes a curated list of topics with on-\ndemand training videos and resources; fundamental and advanced trainings \nare available to everyone in the company. What suggestion would you give to young talent who want \nto follow in your footsteps?"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 0f23a99e-a83e-479f-838f-59980dfbea1b
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 61, "chroma:document": "Work toward sustainability in your current role; make it part of your job, not \na separate topic. There are very few dedicated positions for sustainability \nexperts \u2013 we can spark large-scale change when we all use our individual \nroles to drive sustainability. Champion sustainability where you are. We \nneed the best marketers, best finance experts, and the best lawyers to make \nsustainability an integral part of the organization. When the best people in \nevery discipline drive sustainability, this is how society will thrive."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6deca0c9-5042-4f28-a329-725deeb789cf
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 61, "chroma:document": "water-consumption levels dropped immediately when people had meters \ninstalled. They could see their consumption in real time, it made the invisible \nvisible for them. I am amazed by the power of digital data to change \nconsumer habits. I AM AMAZED \nBY THE POWER OF \nDIGITAL DATA TO \nCHANGE CONSUMER \nHABITS."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ae5a3a9a-25d8-4792-858e-3cab8a65eabc
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 62, "chroma:document": "\"When the best people in \nevery discipline drive \nsustainability, this is how \nsociety will thrive.\"\nVirginie Helias,\nChief Sustainability Officer, \nProcter & Gamble\nExecutive Conversations\n63\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 63, "chroma:document": "64\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nExecutive Conversations\nKARIN SVENSSON \nChief Sustainability Officer \nVolvo Group"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7a684e60-c994-430d-a27b-1b0d98acdf5d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 64, "chroma:document": "Executive Conversations\n65\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nKarin Svensson has been a part of Volvo Group for \nover 27 years. Prior to her current role, she was \nVice President Public Affairs and Group Strategy, \nroles in which she focused on public policy, the \nimpact of industry, competitive trends on the \ncurrent market and on the future of business. The Capgemini Research Institute spoke to Karin \nto hear her views on sustainability through \ncollaboration. WINNING THE \nSUSTAINABILITY RACE \nTOGETHER\nThe Volvo Group is one of the world\u2019s \nleading manufacturers of trucks, buses, \nconstruction equipment and marine \nand industrial engines. The Group also \nprovides complete solutions for financing \nand service."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 010445ff-8dea-4718-bfb6-e4f0d1b4ef29
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 64, "chroma:document": "The Volvo Group, with its \nheadquarters in Gothenburg, employs \nabout 100,000 people, has production \nfacilities in 18 countries, and sells its \nproducts in more than 190 markets. The \ncompany was founded in 1915."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 8fbafce4-8920-4230-a265-73e671ced0de
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 65, "chroma:document": "Executive Conversations\n66\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nAs a veteran of transport, how do \nyou think the industry has evolved \nfrom a sustainability perspective? We know how important it is from an \nenvironmental perspective, but over the \npast few years, sustainability has now \nbecome business critical."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 54b3fa10-5fe0-4750-bf07-9ff546ed675a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 65, "chroma:document": "We feel increasing \npressure from stakeholders, investors, \ncustomers, employees, and society in \ngeneral. Sustainability is no longer just a \ngovernment-driven agenda; now, businesses \nare leading the way and setting ambitious \ngoals. We are talking about sustainability as \na business opportunity, rather than just a \ncompliance requirement. Karin Svensson, \nChief Sustainability Officer \nVolvo Group\nHOW SUSTAINABILITY HAS BECOME BUSINESS CRITICAL  \n\"We are talking \nabout sustainability \nas a business \nopportunity, rather \nthan just a compliance \nrequirement.\""}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 4bdfcc87-7f6e-4b6c-bc8f-6fc0e04945ec
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 66, "chroma:document": "Executive Conversations\n67\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nHow much progress has Volvo made towards achieving its \nown climate-related goals? For the business industry in general, there is an intense focus on the \nenvironment, but our sustainability agenda is broader and includes climate, \nresources, and people."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e2763003-7e0d-45fe-a39d-d05e1162a0e0
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 66, "chroma:document": "Climate change is one of the biggest challenges today \nand road transport is a significant emitter of CO2 and greenhouse gases. We are addressing this challenge by transitioning our range to electric."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 96822a07-566d-4614-9521-653617b95924
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 66, "chroma:document": "We have set ambitions for 2040, including achieving net zero, validated \nby the Science Based Targets initiative. We are focusing on reducing our \nuse-phase emissions, as well as our Scope 3-upstream emissions alongwith \nScope 1 and 2. We are rolling out our electric vehicles (EVs) across different \nregions; further developing our charging infrastructure; and ensuring that \nrenewables make up a greater proportion of our energy mix. We are looking \nto governments to support such initiatives; if they put in place relevant \nlegislation, then we can adjust our policies to make these changes happen \nmore quickly. WE ARE LOOKING TO \nGOVERNMENTS TO \nSUPPORT SUSTAINABILITY \nINITIATIVES; IF THEY \nPUT IN PLACE RELEVANT \nFAVORABLE LEGISLATION, \nTHEN WE CAN ADJUST OUR \nPOLICIES TO MAKE \nTHESE CHANGES HAPPEN \nMORE QUICKLY."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2b56a0aa-40e7-4520-917f-49d6689f6a01
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 67, "chroma:document": "Executive Conversations\n68\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nWINNING TOGETHER RATHER THAN RISK LOSING ALONE\nHow do partnerships help you to \nachieve your sustainability goals? Partnerships are key."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e71effe3-2556-48f3-a568-cf4cc9c3afbb
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 67, "chroma:document": "We all need to think \nabout working together \u2013 with competitors \nand suppliers. We have been doing this for \na while."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7d52c245-249c-4701-a677-031d8243a50e
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 67, "chroma:document": "We partnered with Swedish steel \ncompany SSAB to produce steel materials \nwithout the use of fossil fuels. With [Danish \nwind-turbine manufacturer] Vestas, we \nhave established a partnership to develop \nrenewable-energy sources. Our partnership \nwith [German auto manufacturer] Daimler \nTruck and Traton on charging infrastructure \nis an interesting example of how we \npartner with competitors to address the \ncomplexities of climate change. In essence, \nwe are forming partnerships across the \nvalue chain. Rather than risk losing alone, we \nwant to win together. We all need to \nthink about working \ntogether \u2013 with \ncompetitors and \nsuppliers.\"\n\"Our partnership \nwith Daimler \nTruck and Traton \non charging \ninfrastructure \nis an interesting \nexample of how \nwe partner with \ncompetitors \nto address the \ncomplexities of \nclimate change.\""}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: fdc9348e-8472-4942-81bd-63cdfbb2438e
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 68, "chroma:document": "Executive Conversations\n69\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nDEVELOPING SUSTAINABILITY SKILLS \nWhat investments have been made in sustainability \ninitiatives at Volvo? We are investing a lot in sustainability initiatives through our R&D, both in \nbattery-operated EVs and in fuel-cell electric vehicles [FCEVs]."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d6bbe5c6-595a-4d84-ae1d-c5f5f4811b8b
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 68, "chroma:document": "But for some \napplications, the existing internal combustion engine will still be required, \nso we need to ensure they run efficiently at the same time as investing in \nthe transition to fossil-free alternatives. Sustainability is at the core of our \nbusiness and scaling our EV offering is a major part of our strategy. We \nare also investing significantly in reducing our future industrial footprint; \nfor instance, we have invested heavily in the development of sustainable \nmanufacturing techniques at our Sk\u00f6vde plant, with reduced consumption \nof non-renewable materials. Some investments are also being directed \ntowards the development of technology platforms and re- and upskilling the \nworkforce to ensure a successful transition to sustainability."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9c2446a7-5b78-4f19-b9c3-1c1b7b8b5a6e
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 68, "chroma:document": "This is what we \nare doing to tackle sustainability from the perspective of climate, people, \nand resources. How are you overcoming talent shortages related to \nsustainability? Sustainability is a growing field of expertise and ensuring the right talent \nis in place to tackle our societal issues is a challenge for all manufacturers. It starts in school, and this is why we are pushing for more sustainability \ncompetency development in the educational system in Sweden, France, \nand the US, among other countries, to secure the talent pipeline for the \nfuture. Attracting and retaining employees with sustainability-focused \nexpertise is crucial \u2013 not only for us, but across many industries \u2013 meaning \nthere is significant competition for these skills. We are a business that is \ndriven by our passion to deliver a net-zero society, so even with our existing \nemployees we are all playing our part to drive change from the inside out. We are also developing specific competencies in areas such as human rights, \nwhere finding qualified individuals can be challenging. Furthermore, as the scope of sustainability widens to include areas such as \nbiodiversity, we will require access to a wider range of skillsets."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7c2e185c-27d7-4496-8c30-3830d8d4f8be
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 69, "chroma:document": "Executive Conversations\n70\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nA THREE-PATH APPROACH TO TECHNOLOGIES\nOur research found that 80% of the environmental impact \nof a product is linked to decisions made at the design stage. What are your views on product design and sustainability?"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 515dea15-4b20-48db-878e-001109850a13
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 69, "chroma:document": "I agree, it's very important to influence the early design phase. We work \nclosely with all departments \u2013 including purchasing, technology, and R&D \nteams, as well as our suppliers \u2013 to ensure this happens. Our decision to \nbecome a founding member of the First Movers Coalition, a public-private \npartnership seeking to commercialize clean technologies through advance-\npurchase commitments, is testament to this. Another example of this is our \npartnership with SSAB on fossil-free steel. We need to think about different \ntypes of materials we use within our products and find clever ways to \nmitigate their impact. Volvo Group is a \nfounding member \nof the First Movers \nCoalition, a public-\nprivate partnership \nseeking to \ncommercialize clean \ntechnologies through \nadvance-purchase \ncommitments.\""}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f1a9fdfe-2875-438a-a323-ba15e25fb6d7
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 70, "chroma:document": "Executive Conversations\n71\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nWhat are some of the key technologies accelerating your \nsustainability journey? We believe three technologies are needed to reduce transport emissions."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: a86dfd52-0015-4ebe-837c-5b5e9ccb71c1
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 70, "chroma:document": "The first path is related to the technology around battery EVs. The second \nis around FCEVs, which includes technologies allowing longer driving ranges \nthat circumvent issues around inadequate charging infrastructure. The third path relates to our ICE range. We're looking into new types of \nbiofuels and other fossil-free fuels, including hydrogen. This wide-ranging \nthree-path approach is unique.Efficient data collection and effective analysis \nof that data are essential to making the right technology choices for the \nmany varied applications we have in our industry. Which challenges do you face in taking suppliers/partners \nalong on your sustainability journey?"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 20a49d26-901e-491d-ace0-5d2ddb8686fe
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 70, "chroma:document": "We are working both with members of our own supply chain and across \nsectors to address sustainability challenges. One challenge is that our \nnetwork consists not only of large companies, but also several small and \nmedium-sized companies. Another challenge is that we need to go very deep \ninto our supply chain, not only by looking at our tier-one suppliers, but also \nat tiers two/three/four. So, when we talk about partnerships and making \nsure that we're all on this journey together, a lot of people need to be in \nalignment. WE NEED TO GO \nVERY DEEP INTO OUR \nSUPPLY CHAIN, NOT ONLY \nBY LOOKING AT OUR \nTIER-ONE SUPPLIERS, \nBUT ALSO AT TIERS TWO/\nTHREE/FOUR."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 8084c263-6c01-4dfc-bd9d-ff487dd38356
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 71, "chroma:document": "Executive Conversations\n72\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nIf you had a magic wand, what would you change to \naccelerate progress towards sustainability? We need access to greater quantities of renewable energy for sustainability \nreasons, but also as a prerequisite for achieving our net zero targets. Currently, that\u2019s not something we can fix, so that\u2019s what I would do, given a \nmagic wand."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 71, "chroma:document": ""}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c7ed44b9-8e11-4fcb-a4dd-053a3b092e3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 72, "chroma:document": "Executive Conversations\n73\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\n\"We need access to greater \nquantities of renewable \nenergy for sustainability \nreasons, but also as a \nprerequisite for achieving our \nnet zero targets.\"\nKarin Svensson,\nChief Sustainability Officer, \nVolvo Group"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 73, "chroma:document": "ELIANO RUSSO\nHead of 3SUN Gigafactory\nEnel Green Power\n74\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nExecutive Conversations"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7e78fece-f6f6-4c40-9ad7-705bd75a2ece
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 74, "chroma:document": "Eliano Russo is Head of Enel Green Power\u2019s 3Sun \nGigafactory, in Catania, Sicily, which will become \nEurope\u2019s largest solar panel factory by 2024. 3Sun\u2019s \nmission is to produce new-generation photovoltaic \n(PV) panels and modules, combining research, \ninnovation, and sustainability, thereby supporting a \ntransition to clean energy."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ec58c6be-065d-414f-898b-63a24e736993
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 74, "chroma:document": "The Capgemini Research \nInstitute spoke to Eliano about his work and the \nfuture of solar energy. POWERING AHEAD \nWITH EUROPE\u2019S \nLARGEST SOLAR PANEL \nGIGAFACTORY \nFounded in 1962, Enel has grown to \nbecome one of the largest electricity \nand gas operators in Europe, with a \nfocus on sustainability and clean energy \nsolutions. The company is headquartered \nin Rome, Italy, and operates in more than \n30 countries. Enel\u2019s Green Power\u2019s 3Sun \nGigafactory, in Catania, Sicily will \nbecome Europe\u2019s largest solar panel \nfactory by 2024\nExecutive Conversations\n75\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6b6432e5-05af-4a6e-a6f7-ff8903d4e62f
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 75, "chroma:document": "Executive Conversations\n76\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nYou are Head of the 3SUN \ngigafactory. Can you help us \nunderstand the factory and your \nown role?"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 75, "chroma:document": "The gigafactory started in 2010 when the \ntechnology deployed was thin film. In 2015, \nwe started deploying bifacial technology \ninternally and, around the same time, Enel \nGreen Power incorporated 3Sun as an extra \ndivision. Last year, we committed to invest \nmore than 600 million euros to increase \nproduction capacity fifteen-fold. As CEO, I'm responsible for running \nthe business, and for ensuring that the \n3-GW production capacity will be fully \noperational by July 2024. We will start with \nthe first 400 MW as early as September \nthis year, with the intention of reaching full \ncapacity in July 2024."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1b1534af-4d54-4577-ad6c-7984d6f73d73
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 75, "chroma:document": "My responsibility is to \nensure that everything will happen on time \nand within budget. Eliano Russo,\nHead of 3SUN Gigafactory, \nEnel Green Power\nCURRENTLY, WE ARE \nAT 1 TW OF INSTALLED \nSOLAR CAPACITY \nGLOBALLY, BUT THIS \nIS EXPECTED TO \nINCREASE SEVENFOLD \nBY 2040."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9c3ee7e8-d945-4359-b0a7-4fe876174894
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 76, "chroma:document": "Executive Conversations\n77\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nWhat do you think is the role of solar energy in our \noverall transition? Solar energy will play a key role in meeting the growing demand for \nsustainable energy. Currently, we are at 1 TW of installed solar capacity \nglobally, but this is expected to increase sevenfold by 2040. We expect \nmost of the additional demand to be satisfied by solar energy because \nit's easy to install and it's increasingly competitive with conventional and \nother renewable sources. It will certainly play a key role in ensuring that \nthis transition is sustainable and will eventually allow us to stabilize CO2 \nemissions in the atmosphere."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 77, "chroma:document": "Executive Conversations\n78\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nTHE LARGEST SOLAR PANEL GIGAFACTORY IN EUROPE\nIn terms of scaling, how does a gigafactory differ from a \ntraditional factory? We stopped production of our existing lines in July last year, having reached \nthe production capacity of 200 MW."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6c49c4aa-0b30-4451-95b2-14cdc02d8737
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 77, "chroma:document": "We are now increasing capacity \nfifteenfold, to 3 GW annually. This will make 3Sun the largest European \nsolar-cell and solar-module manufacturer. Our proposition is not based \nexclusively on efficiency and economies of scale."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b275e951-63f4-4ce3-b383-90af20d43472
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 77, "chroma:document": "It's more closely related to \nthe promotion of robust, unique technologies that we have developed since \n2015; we\u2019ve achieved a certified level of efficiency with a clear roadmap to \ncontinue developing this technology. How are you making sure that the gigafactory is itself \nsustainable? Sustainability is a key to everything we have been doing to date, from \nsourcing materials such as cement and iron, to grinding, excavating, and \nrecovering materials. We are also embedding circularity principles; we \nuse materials that are already recycled in the construction phase. We \nreused excavated ground as the foundation of this factory. We minimize \nconsumption of water and electricity. Everything is finalized to create a real \nconnection with the local environment and minimize the impact of what we \nare building here. We plan to achieve 100% recyclability soon. We would \nlike to upcycle and make sure that most of our components can be recycled \ndirectly in our sector and reused to produce new modules. WE PLAN TO \nACHIEVE 100% \nRECYCLABILITY SOON."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ce8334c3-6c37-472b-9d1b-667c0a7eac6a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 78, "chroma:document": "Executive Conversations\n79\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nENTERING MANUFACTURING TO ACCELERATE DECARBONIZATION\nWhat were some of the broader \nchallenges you faced in setting \nup the gigafactory? At Enel, we are not just talking about \ncircularity and sustainability."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 78, "chroma:document": "We are \nasking ourselves what needs to be \ndone differently."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2f17d3b8-0d0b-479c-8c97-43aa3e93167c
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 78, "chroma:document": "The challenges are \nenormous. We started before the \npandemic reached its peak, but it was \nalready a big issue, impacting logistics \nand availability of staff; then, the war in \nUkraine started just as we made these \ninvestment decisions. But, thanks to the \ncommitment of all the people working \nwith us on time and in budget, we have \nreached our targets. Nevertheless, \nwe are aware, of course, that there \nwill be other unexpected events that \nwill influence the way we execute and \noperate the factory. What other roadblocks have \nyou faced? One of our biggest challenges was \nthe decision to enter manufacturing. Although it\u2019s not Enel's core business, \nthe move makes sense strategically, \nas it will accelerate decarbonization; \nremove bottlenecks in the supply chain; \nand promote energy independence. The \nchallenge now is to ramp up operations, \noptimize throughput, minimize \noperational expenses, and hit our \ntechnology-development targets. \"One of \nour biggest \nchallenges was \nthe decision \nto enter \nmanufacturing. Although it\u2019s \nnot Enel's core \nbusiness, the \nmove makes sense \nstrategically, as \nit will accelerate \ndecarbonization.\""}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 690915a3-afaf-46f9-9d5b-6d98909ce7ef
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 79, "chroma:document": "Executive Conversations\n80\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nBUILDING AN ECOSYSTEM OF PARTNERS\nBIFACIAL SOLAR PANELS TO PRODUCE MORE POWER\nHow do you collaborate with partners, other \norganizations, and stakeholders to drive greater \nadoption of solar energy? In Europe, we want to achieve 740 GW of solar capacity by 2030, which \nrequires building and installing an additional 540 GW. This cannot be \nachieved by just one single company or via a typical supplier-customer \nrelationship."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 8fe9c088-e32f-4406-a359-1d22452c6ea4
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 79, "chroma:document": "We are building an ecosystem of partners, in which we \nalign interests to accelerate this process. We need to make sure that \nwe have visibility of the entire value chain, to avoid developing new \ndependencies on other countries for key components. The only way to \ndo it is by joining forces and building partnerships. Can you shed some light on the technological \ninnovations in your own process to drive the efficiency \nof solar panels? The key component of Enel's technology is bifacial solar cells, made of \namorphous silicon and coupled with cells of monocrystalline silicon. We have achieved the highest bifaciality factor [power produced \nby the back side in relation to the energy absorbed by the front \nside] in the world, and the cells have already achieved a certified \nefficiency level of 24.6%. We plan to develop tandem technology by \ncoupling monocrystalline cells with perovskite cells to capture a wider \nspectrum of light and increase efficiency. The heterojunction process, \na process where we combine the two different types of solar cells \nused in our technology, is managed at a relatively low temperature, \nwhich allows for a longer lifetime, lower degradation, and higher \nenergy production. We aim to employ materials that can be reused in \nthe PV value chain for circular and sustainable technology."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 427c7d9a-2698-4bfe-b687-298caad02047
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 80, "chroma:document": "Executive Conversations\n81\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nMAKING THE TRANSITION TO RENEWABLES REAL\nAlso, our factory has a strong level of automation and digitalization, \nwhich allows us to fully exploit digital intelligence and machine learning \nfor quality control, reduce waste, and improve circularity. We plan to \ntrack everything that happens in the factory using a manufacturing \nexecution system and build analytics and KPIs for continuous \nimprovement. Technology will drive higher production efficiency."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 120cd78b-82e3-4a84-98a5-4ac2d76754df
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 80, "chroma:document": "Ultimately, this will differentiate us from other players. Are policymakers doing enough to push renewable \nenergy? We need support, financial and regulatory, to incubate new industries \nsuch as ours. Financial support can help cover the funding gap that arises \nwhen competing against more traditional players, but regulatory support \ndefines standards for compliance with carbon-footprint reduction, \ncircularity, and labor laws. \"We need support, \nfinancial and regulatory, \nto incubate new industries \nsuch as ours.\"\n"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d2888a15-73dc-424b-8329-8669431f5822
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 81, "chroma:document": "Executive Conversations\n82\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nWhat do you see as the future of green energy, and what \nplace does solar occupy in that? Diversification is going to be key."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 70aad3e4-9dab-4946-ab0d-c42c13713209
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 81, "chroma:document": "The technology is getting cheaper, which \nwill allow the renewables journey to accelerate. There are some sectors that \nare very energy-intensive and difficult to fully electrify unless you make \ngreen hydrogen viable. Renewable energy is currently seen as the answer \nand the direction to go, and the focus should be on maximizing efforts to \nreduce CO2 emissions because time is running out to stabilize concentrations \nin the atmosphere. Our CO2 budget is close to zero, though, so we must \nstay open to other options."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1816875a-d4b7-422f-bd9d-7531d9635c27
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 81, "chroma:document": "We need to manage the transition and to make \nsure that those alternatives become viable, technically and economically."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 4d5c527a-5af7-40ce-abb4-9f8523b512d3
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 81, "chroma:document": "However, we cannot wait for new solutions and must continue to accelerate \ncurrent efforts. If you had a magic wand, what would you do to give clean \ntech a massive fillip? We need the courage to make the transition to renewables real; this will \nrequire significant funding. I think we need to have the courage to start \nplanning in one direction and providing support. My desire, my dream is that \nwe really start thinking with some long-term vision, rather than staggering \nfrom crisis to crisis. To paraphrase Seneca, there is no favorable wind for \nthose who don't know in which direction they want to go. If you only look \nat your feet, you will get lost. So, I would use that magic to give people the \ncourage to look far enough ahead and then follow that vision. "}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f920ac0c-219b-4980-9b60-aaf97a449d76
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 82, "chroma:document": "Executive Conversations\n83\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\n\"We need the courage to \nmake the transition to \nrenewables real.\"\nEliano Russo,\nHead of 3SUN Gigafactory, \nEnel Green Power"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 0cb6346e-cdd7-4927-b026-30075629f481
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 83, "chroma:document": "WILLIAM \nMCDONOUGH \nDesigner, Architect, \nInnovator, Author\nCradle to Cradle\n84\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nExecutive Conversations"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d271cc04-f759-4fdd-84bf-d1fc526ffc3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 84, "chroma:document": "Executive Conversations\n85\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nDESIGNING \nA WORLD IN SYMBIOSIS \nWITH NATURE\nWilliam McDonough is a globally recognized leader \nin sustainable design and development. He is a \ngreen architect, designer, and author. He is Chief \nExecutive of McDonough Innovation, the founding \npartner of William McDonough + Partners, co-\nfounder of MBDC, and co-author, with Michael \nBraungart, of Cradle to Cradle: Remaking the Way \nWe Make Things (2002) and The Upcycle: Beyond \nSustainability \u2013 Designing for Abundance (2013). The Capgemini Research Institute spoke to William \nabout his work, the role of design, and how carbon \ncan be beneficial to humankind. The Cradle to Cradle Products Innovation \nInstitute is a non-profit organization \ncreated to bring about a large scale \ntransformation in the way we make \nthings."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: a89c52ab-9aaf-4c5f-9978-9a1654cba5cd
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 84, "chroma:document": "The Institute\u2019s mission is to lead, \ninspire and enable all stakeholders across \nthe global economy to create and use \ninnovative products and materials that \npositively impact people and planet. The \nCradle to Cradle Certified\u00ae Products \nProgram is administered by the Institute \nand the product standard is recognized \nby the world\u2019s leading retailers, including \nAmazon, Home Depot, Walgreens and \nWalmart. "}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 043b98ab-a835-4652-bc90-8f07a4be9025
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 85, "chroma:document": "Executive Conversations\n86\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nHOW CAN WE GO BEYOND \u201cSUSTAINABLE\u201d TO SHARED ABUNDANCE BY DESIGN? You hold many unofficial titles: \n\u201cHero of the Planet,\u201d \u201cFather \nof the Circular Economy,\u201d \u201cMr."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 083b90b7-050c-4f9e-b787-0221461feea6
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 85, "chroma:document": "Sustainability,\u201d and so on."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2d2fe56f-7882-4f2b-99dd-9272a2b4bb49
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 85, "chroma:document": "How \ndo you see yourself? I see myself as a designer working \nacross many scales and contexts and \nI believe design is the first signal of \nhuman intention. I celebrate culture \nand commerce as powerful engines \nof both stability and change. For me, \ngrowing up in Japan and Hong Kong \nwith summers in the Puget Sound, I \nalways wanted to share the amazing \nthings I saw with others. I always found \nbeauty in nature \u2013 a smooth round \nrock or pebble on the beach, a leaf, a \nflower, a tree. Nature had a hard time \nbeing ugly, while human artifice had a \nrough time being beautiful \u2013 crushed \nsharp gravel, clear-cut forests, concrete \nand steel. l love working on designing \nthe future we want for our children \nand their children, and trying to work \nin accord with the laws of nature. I\u2019m \nnot alone; there are many who think \nthis way. We seek to design in a way \nthat is true to nature and true to \nourselves. It is difficult to summarize \nmy occupation or characterize my work, \nbut, essentially, I want to turn work \ninto play while playing by nature\u2019s rules \n\u2013 the laws of nature. l love working on \ndesigning the future \nwe want for our \nchildren and their \nchildren, and trying \nto work in accord \nwith the laws of \nnature.\"\nWilliam McDonough,\nDesigner, Architect, Innovator, \nAuthor \nCradle to Cradle"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 067bd470-925a-46f2-959c-8e8e1e47bd88
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 86, "chroma:document": "Executive Conversations\n87\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nYou suggest that the term \u201csustainability\u201d is often \ninsufficient to encapsulate what we should be aiming to \nachieve as a global society. Why is that?"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 5fc3cc34-34cc-455e-93de-1460ef1c64f5
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 86, "chroma:document": "The first globally referenced definition of sustainability (Brundtland \nCommission, 1972) had to do with meeting the current generation\u2019s \nneeds while allowing future generations to meet their own needs. It\u2019s an evocative term derived from ancient wisdom and has inspired \nthousands of current policies and business programs. But sometimes \nthe term loses much of its positive meaning when it is seen as minimal \nmaintenance or even when it leads to \npeople focused only on the economics of \nbeing efficiently less bad, trying to not \ndo something \u2013 for example, looking for \nnet-zero. Sustainability is a nice, accessible \nterm but is often awkwardly defined in so \nmany situations because, like politics, all \nsustainability is best recognized on a local \nlevel, even when it may be responding to \nperturbations caused by global behaviors, \nlike climate change and supply chain \ndisruptions. It can be most vividly described \nin detail by its effects on local ecosystems \nand the stories of people in a place."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e984c9f3-80e5-4081-aa33-82b35b8c069f
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 86, "chroma:document": "That\u2019s \npart of the issue, and that is why I focus \non developing principled design tools that \nwork anywhere at any scale and can be used by everyone to consider \nand execute net-positive activities. These tools include books, Cradle \nto Cradle and The Upcycle, the circular economy and, now the circular \ncarbon economy. We can continue to build on sustainability only if \nwe build with it in mind and deed. I prefer to think of sustainability \ncloser to its original description but with the potential for growth \u2013 \nintergenerational stewardship and growth of a living planet. Even as we \nreduce our fugitive carbon in the atmosphere, we want to be increasing \nour use and reuse of materials and energy."}


created_at: 2025-04-28 00:40:27
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 86, "chroma:document": "We have come to realize \nthat what we thought was an energy problem is a materials problem \nsince we use carbon as both a material and a fuel. We can return much \nof the carbon in the air to the biosphere as living carbon (nature-based \nsolutions) or earth-bound as durable carbon. We need a positively \ndefined system of use and reuse of growth cycles that goes beyond \nsustainability toward abundance that we can share. We have come to \nrealize that what we \nthought was an energy \nproblem is a materials \nproblem since we \nuse carbon as both a \nmaterial and a fuel.\""}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: a95dd91d-fd5b-4b44-9627-a748727c4303
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 87, "chroma:document": "Executive Conversations\n88\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nYou say that nature doesn't have \na design problem \u2013 people do. Can \nyou elaborate?"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b4ff74ca-243e-44c6-bd58-eeef46648dd3
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 87, "chroma:document": "In nature, waste from one system can \nprovide nourishment to another. Nature \ndoes not have resources, rather it has \nsources. One of the fundamental values of \nhuman activity is that we can turn nature\u2019s \nsources into resources that we use over \nand over again, reducing our need for \nour extraction or destruction of natural \nsources. For me, this is not simply taking the \nexisting take-make-waste linear economy \nand twisting it into a circle; it is actually a \ncontinuously resourceful activity within a \nregenerative biosphere (which are natural \nliving systems) and circular technosphere \nwhich are objects of human intention, \npurpose, and use. When it is not unbalanced by human \ninterference, nature finds itself in symbiosis: \neverything is in a mutually beneficial \nrelationship with everything else."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f4e88d35-aaeb-4a45-addb-308c58d238ba
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 87, "chroma:document": "I want \nto quote Thomas Jefferson: \u201cThe earth \nbelongs to the living.\u201d We can see ourselves \nas stewards safeguarding nature from \none generation to the next. Furthermore, \nthe recent language surrounding the \ncircular economy is slightly problematic \nbecause terms reflecting undoing such as \n\u201cdecoupling economic growth from resource \nuse\u201d and \u201cdecarbonizing\u201d do not accurately \nreflect the positive relationship that can \nexist between humans and nature. For \nexample, we can focus on re-carbonizing \nthings like soil and living things while turning \nnatural sources into resources available for \ncontinuous use and reuse. IN NATURE, WASTE = FOOD\n\"For me, this \nis not simply \ntaking the \nexisting take-\nmake-waste linear \neconomy and \ntwisting it into a \ncircle; it is actually \na continuously \nresourceful \nactivity within \na regenerative \nbiosphere (natural \nliving systems) \nand circular \ntechnosphere \n(objects of \nhuman intention, \npurpose, and \nuse).\""}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 000bc6d2-bee7-4ba5-b377-abde9b95fdfa
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 88, "chroma:document": "Executive Conversations\n89\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nYou describe climate change as a \u201cdesign failure\u201d; can you \nelaborate on that? Climate change is the result of breakdowns in the carbon cycles, which \nwe have caused; it is a design failure. If design is the first signal of human \nintention, did we intend to do this? Emerson in the 1830s referred to nature \nas unchangeable essence \u2013 the mountains, oceans, leaves, and air. These \nthings are all seen as too big to imagine destroying."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f272669d-1eaa-4f2c-b515-895b08c181b9
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 88, "chroma:document": "As we see modern-day \ndamage to ecosystems at every scale, we find ourselves needing to regulate \nthe human activities that are overwhelming and destructive to the commons. Whenever we see a need for regulation, we see a sign of design failure. Our \nintentions were flawed. I am not against regulation. Society needs to regulate its own behavior in \norder to keep our world habitable. But what we need from regulations is a \nlevel playing field that provides society with a clear set of rules. If people \nare not playing by the rules, it makes it harder for everyone to work and live. Executives can ask the right questions to find innovative solutions."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9e52ab82-264d-417d-9714-f2bc4be138c5
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 88, "chroma:document": "They can \nfocus on the right intentions and build cost-effective solutions around them."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: cdccf8ac-b96c-467a-9610-b7ef85fca408
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 88, "chroma:document": "We did this with Ford Motor Company and their River Rouge facility. In order \nto meet the Clean Water Act requirements, instead of building chemical \ntreatment plants and massive piping systems, we designed and engineered \nthe world's largest green roof and integrated water purifying landscapes \nthat saved Ford as much as $35 million in CAPEX over conventional systems. With cars coming out of factories with a 5% margin, this is equivalent to an \norder of $700 million worth of cars. Regulation can be useful in keeping our \nworld clean and safe, but we need to be mindful of why it is necessary in the \nfirst place. WE CAN SEE OURSELVES \nAS STEWARDS \nSAFEGUARDING NATURE \nFROM ONE GENERATION \nTO THE NEXT. "}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 171d90a2-d90d-42e3-8fe1-0c86882eaa99
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 89, "chroma:document": "Executive Conversations\n90\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nYou have said that \u201ccarbon is an innocent element\u201d and that \n\u201cnot all carbons are equal.\u201d Could you help us understand \nyour perception of carbon? Anthropogenic greenhouse gasses in the atmosphere make airborne \ncarbon a material in the wrong place, at the wrong dose, and for the wrong \nduration."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: bd63f66c-804d-434c-b348-7f1bf5837b4a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 89, "chroma:document": "This is a description of a toxin. Imagine lead and mercury in \ndrinking water \u2013 they are toxic to humans. It is we who have made carbon \nproblematic. In the right place, carbon is both a resource and a tool. It is also \na source of life. Carbon dioxide is the currency of photosynthesis, a source \nof Earth\u2019s capacity for living things and regeneration. Earth-bound carbon \nis one of the guarantors of terrestrial and marine ecosystems and food and \nwater security."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: cd9eec90-c10e-40f4-8659-4055dd845472
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 89, "chroma:document": "Carbon atoms are the building blocks of life. We are carbon \nand it is us who make carbon toxic. The world\u2019s current carbon strategy promotes a goal of reaching net-zero \ncarbon emissions. There are terms such as \u201clow-carbon,\u201d \u201czero-carbon,\u201d \n\u201cnegative carbon,\u201d and even a \u201cwar on carbon.\u201d The design world needs \nto adopt values-based language that reflects the desire to live in a safe, \nhealthy, and just world. In this new paradigm, by building urban food \nsystems and cultivating closed-loop flows of carbon nutrients, carbon can be \nrecognized as a critical asset, rather than a toxin, and the life-giving carbon \ncycle can become a model for human design. WORDS DRIVE ACTION\n\"In the right place, \ncarbon is both a resource \nand a tool.\" \n"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e5d0c4ba-ad11-46d0-a911-c92416f310bb
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 90, "chroma:document": "Executive Conversations\n91\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nThe point I wanted to make here is that we have started to refer to carbon \nas the enemy, but carbon is not our enemy. It is our friend."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c17d4392-7c95-41b8-9c94-96f801613842
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 90, "chroma:document": "We are carbon. Carbon moves through all living things in an endless cycle that makes \nlife possible. It's an innocent element in all of this."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: eef9248c-c87e-42b2-91ff-2a4e6a88d1bd
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 90, "chroma:document": "I think we need a new \nlanguage around carbon. The term \u201cTriple Top Line\u201d was coined in the book Cradle to \nCradle to describe the rich opportunities for revenue and \ngrowth inherent in sustainable design. Can you expand on \nthat? The Triple Bottom Line, referenced often since the Earth Summit in \n1992, has been about balancing traditional economic goals with social \nand environmental concerns and has become a measure of corporate \nperformance. One realizes, however, that a business strategy focused solely \non the bottom line does not expose opportunities to innovate and create \nnew forms of value in the design process. This new design perspective \nactually creates Triple Top Line growth: products and processes that \nprotect nature and society while generating revenue and economic growth. Designing for the Triple Top Line involves giving commerce the tools to \ndevelop systems and products that generate economic prosperity while \ncombining with social benefit and ecological intelligence. "}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d4d25647-ef46-407e-bcd4-a41915a32593
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 91, "chroma:document": "Executive Conversations\n92\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nAre there any new innovations that you are excited about \nwhen it comes to sustainability? Too many to mention here, but I would love to focus on the idea of \nconceptually separating the terms \u201chydro\u201d and \u201ccarbon\u201d in the word \nhydrocarbon because I\u2019m very excited about the idea of a technology that \ncan use hydrogen as a clean fuel and carbon as a durable good that does \nnot go fugitive in the atmosphere or require sequestering in the geosphere."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c39c56e4-b1f8-4dfc-9509-f61f459cc219
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 91, "chroma:document": "On the carbon side, I\u2019m very excited about our ability to use natural gas \nto produce graphene. I'm also very excited about graphene as a material \nbecause of its elegance, strength, and conductivity. In 50 years\u2019 time, I hope \nto see a shift towards hydrogen-powered energy and renewable energy \ncombined with battery and high-temperature thermal storage for industrial \nheating uses. And in the middle of it all, durable and living carbon once \nagain is an integral \u2013 rather than feared or fugitive \u2013 element supporting our \nglobal life support system. "}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2cf5604f-2b85-46ad-b939-c42631d95c2c
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 92, "chroma:document": "Executive Conversations\n93\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\n\"In 50 years\u2019 time, I hope to \nsee a shift towards hydrogen-\npowered energy and \nrenewable energy combined \nwith battery and high-\ntemperature thermal storage \nfor industrial heating uses.\"\nWilliam McDonough,\nDesigner, Architect, Innovator, Author \nCradle to Cradle"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 93, "chroma:document": "JOHAN \nROCKSTR\u00d6M \nDirector \nPotsdam Institute for \nClimate Impact Research\n94\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nExecutive Conversations"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 4b278dee-dcc4-4ce9-8032-f8366d56af24
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 94, "chroma:document": "Executive Conversations\n95\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nPLANETARY BOUNDARIES: \nA SCIENTIFIC GUIDE \nTO OUR SUSTAINABILITY \nJOURNEY\nJohan Rockstr\u00f6m is Director of the Potsdam \nInstitute for Climate Impact Research. In addition, \nhe is also Professor at the Institute of Earth and \nEnvironmental Science at Potsdam University, and \nProfessor in Water Systems and Global Sustainability \nat Stockholm University. Johan gained international \nrecognition for his role in the development of the \nPlanetary Boundaries framework, which has since \nbecome a universal benchmark of sustainability \nscience. His research activities cover a range of topics \nwithin Earth system science and global sustainability \nin the Anthropocene, with the overarching research \nquestion: \u201cWhat is the safe operating space for \nhumanity's future on Earth, and which sustainable \ntransformations can take us there?\u201d\nThe Capgemini Research Institute spoke to Johan \nabout the principles behind Planetary Boundaries \nand how the framework is helping to drive \nconversations \u2013 and action \u2013 on sustainability. The Potsdam Institute for Climate \nImpact Research has a two-fold mission \n\u2014advancing the scientific frontier on \ninter-disciplinary climate impact research \nfor global sustainability and contributing \nknowledge and solutions for a safe and \njust climate future."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 94, "chroma:document": "It was founded in 1992 \nand has over 400 employees of whom \nover 250 are scientists."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 604592ed-6a53-46df-b3d4-cdb31f0e7ae9
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 95, "chroma:document": "Executive Conversations\n96\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nIn 2009, you helped design the \nPlanetary Boundaries framework. Can you help our readers \nunderstand the concept behind it \nand its implications?"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9926cd88-351f-4bfe-ba0d-0867b9e81c49
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 95, "chroma:document": "The Planetary Boundaries framework \nwas the result of the integration of three \nscientific advancements. The first is the \nevidence that humans have entered the \nAnthropocene1 era as the dominant force \nof change on our planet."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 8fff83f7-2155-4ceb-b496-46bdbd5eb581
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 95, "chroma:document": "The second is the \noverwhelming evidence that the Holocene2  \nis a unique state of equilibrium that has \nenabled the development of modern \ncivilizations. The third is the understanding \nof \u201ctipping points,\u201d where irreversible shifts \nin the biophysical processes that regulate \nthe climate on Earth permanently alter our \nliving environment. In essence, the Planetary Boundaries \nframework is a scientific guide to our \njourney through the Anthropocene: what \nwe, humanity, can do to keep the planet \nin a manageable state. The framework \nprovides boundaries that, if observed with \ndiscipline, give us a good chance of keeping \nthe planet in a safe operating space, not \ntoo dissimilar to that provided for us by \nthe Holocene period. Going beyond these \nboundaries, however, risks reaching the \ntipping points that will undermine the \nEarth\u2019s life-support systems. Johan Rockstr\u00f6m,\nDirector,\nPotsdam Institute for \nClimate Impact Research \nImpact Research\nPLANETARY BOUNDARIES\nThe Planetary \nBoundaries \nframework is a \nscientific guide \nto our journey \nthrough the \nAnthropocene.\"\n1 The Anthropocene Epoch is an unofficial unit of geologic time, used to describe the most recent \nperiod in Earth's history when human activity started to have a significant impact on the planet's \nclimate and ecosystems. 2 The Holocene Epoch covers the past 12,000 years of warm and stable interglacial climates."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f33d52dd-fbf2-4b9c-8407-33ceb9117198
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 96, "chroma:document": "Executive Conversations\n97\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nWe invited scientists across all disciplines to help us identify the nine \nboundary systems, a framework we finalized in 2015. To my mind, the \nPlanetary Boundaries framework is an essential guide to our transformation \nto sustainability and to a safe landing for humanity. GOING BEYOND THESE \nBOUNDARIES RISKS \nREACHING \nTHE TIPPING POINTS \nTHAT WILL UNDERMINE \nTHE EARTH\u2019S LIFE-\nSUPPORT SYSTEMS."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 97, "chroma:document": "Executive Conversations\n98\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nFigure 1: Planetary Boundaries framework\nSource: Stockholm Resilience Centre. Estimates of how the different control variables for seven planetary boundaries have changed from 1950 to present."}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 97, "chroma:document": "The green shaded polygon represents the safe operating space. Increasing risk\nBIOSPHERE \nINTEGRITY\nNOVEL ENTITIES\nSTRATOSPHERIC OZONE \nDEPLETION\nATMOSPHERIC AEROSOL\nLOADING\nOCEAN\nACIDIFICATION\nBIOGEOCHEMICAL\nFLOWS\nFRESHWATER USE\nLAND-SYSTEM\nCHANGE\nBII\nE/MSY\n(Not yet \nquanti\ufb01ed)\n(Not yet quanti\ufb01ed)\nP N\nCLIMATE CHANGE"}


created_at: 2025-04-28 00:40:27
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 98, "chroma:document": "Executive Conversations\n99\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nYou have said in the past that \nthere is a risk that net zero \ntargets will be misused. Can you \nexpand on that?"}


created_at: 2025-04-28 00:40:27
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 98, "chroma:document": "To achieve a safe landing on climate, \nwe need to cut emissions by half by \n2030 and continue cutting them by \nhalf every decade to reach a net zero \nworld economy by 2050. However, these \nmodels are based on assumptions that \nglobal agriculture and farming practices \nwill provide a significant carbon sink \nover the next 30 years, and that natural \necosystems on land will continue to \nprovide major carbon sinks. These \nmodels also assume that the oceans will \ncontinue to absorb CO2 until the end \nof this century. These are huge carbon \noffsets that are already factored into \nour assumptions and they therefore \ncan\u2019t be factored in again as mitigating \npossibilities when we calculate time to \nnet zero. So, the only way to make net zero work \nis if we add carbon uptake beyond \nwhat is already factored into the \nassumptions in the models. Can we do \nthat? There is certainly room for true \nnet zero compensation by, for example, \nafforesting completely degraded \nlands; planting forests in completely \nunforested areas; or restoring soil carbon \nin completely degraded regions. However, \nthese measures must be taken without \nslowing down the phasing out of fossil-\nfuel emissions."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 0a023831-f475-4681-9f82-36d60c4df76c
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 98, "chroma:document": "It has to be additional, not \nan offset. \"The only way to \nmake net zero work \nis if we add carbon \nuptake beyond \nwhat is already \nfactored into \nthe assumptions in \nthe models.\""}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c5ef3e60-62f9-4359-86c4-e58837dace95
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 99, "chroma:document": "Executive Conversations\n100\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\n3 CRITICAL FACTORS: PRICE ON CARBON, TECHNOLOGIES AND REGULATION\nWhat are your views on a carbon tax? Putting a price on carbon is an absolute necessity of modern economic \npolicy."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 641d557b-880d-4be2-89c1-43910603e3d7
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 99, "chroma:document": "Burning fossil fuels and damaging the climate without paying for it is \nthe world's largest market failure. Sixty countries in the world have a price \non carbon today but it needs to be a universal standard. Currently there are only small, voluntary green investments in a few \nmarkets. We need a price on carbon to be set by widescale legislation \nacross markets and geographies; that is the only way to secure the scale of \ninvestment required. The challenge here is to ensure that the revenue from \na tax on carbon stores in wetlands or forests is not lost to inefficiencies, but \nrather returned to the communities that manage these systems, which are \noften home to invaluable biodiversity and indigenous communities. Which technologies will drive us to a sustainable future?"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3436c000-771c-410c-a826-2c2bea2cb5cc
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 99, "chroma:document": "We currently emit around 40 billion tons of CO2 per year. With every passing \nday, the need for technology for CO2 removal becomes more urgent. We need to start not only scaling different forms of carbon capture and \nstorage [CCS] technologies, but also supporting R&D into direct air capture. Apart from imposing a price on carbon and investing more heavily in \nR&D, regulation and governance to support the business and technology \ndevelopment are also key. \"With every passing \nday, the need for technology for CO 2  \nremoval becomes more urgent.\""}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 49c0fc49-2b95-4f88-b843-4f076fcf9cc1
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 100, "chroma:document": "Executive Conversations\n101\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nWe need to have a very open discussion on governance, to ensure that \ncarbon-removal technologies are carefully regulated. Too intense a focus \non CO2 removal could impede the transition from fossil fuels, so regulation \nand governance are necessary to strike a viable balance between reducing \nemissions and developing renewable-energy sources."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 0fe9dbfd-9692-4e81-8de7-b0040cdebac4
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 100, "chroma:document": "Hence, we require \na comprehensive approach to supporting the development of carbon-\nremoval technologies, which incorporates both business and technology \ndevelopment and regulation to ensure that these technologies do not create \nnew problems while solving others. ADJUSTING OUR ECONOMIC MODEL\nCan we balance economic growth with a sustainable \ntransition?"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d96ae027-67a4-4aed-a8ba-0c91aa4ace32
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 100, "chroma:document": "Our current economic growth model will not give us the future we need \nand want. Completely abandoning capitalism to pursue a \u201cdegrowth\u201d path \nwould undermine most populations, which rely on conventional economic \ngrowth to provide them with a structured life that offers the basics required \nfor subsistence. We don't have time to redesign the global economic system \nfrom scratch; we must make adjustments to the current economic model \nrapidly by setting planetary boundaries, science boundaries, putting a \nprice on pollution and other damage, health threats, climate damage, and \nbiodiversity loss. We also need to halt the destruction of the Earth's surface; we cannot afford \nto lose any more of the natural world. It is interesting to see how, even \nwithin a conventional economic growth paradigm that is not aligned with \nthe principles of sustainability, there are still potential workarounds to keep \nit within the planetary bounds operating space. That's where we need to \nstart. In the long term, we need to move away from the over-consumption \nparadigm and support economic development within scientifically defined \nboundaries, to ensure social stability and avoid conflict. "}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 41a517e2-6629-4962-aa3e-352b30e2f5e0
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 101, "chroma:document": "Executive Conversations\n102\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nHow do you think the Planetary Boundaries framework can \nhelp large organizations? I'm positively surprised \u2013 almost overwhelmed \u2013 to see how the Planetary \nBoundaries framework has become a mainstream part of organizations\u2019 \nculture around the world. Already, around 4,000 companies have adopted \nscience-based climate targets. This year, we'll be launching the science-based \ntarget network for the remaining planetary boundaries. Many big companies \nare ready to move beyond climate and set their business models along a \nmore science-based pathway, starting with biodiversity, and potentially \nexpanding to include water, nutrients, and other essential aspects of \nplanetary conservation. However, as always, there is much more work that \nneeds to be done."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 101, "chroma:document": ""}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d9dadf50-e061-4da1-89fa-40c7a474698c
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 102, "chroma:document": "Executive Conversations\n103\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\n\"Apart from imposing a \nprice on carbon and investing \nmore heavily in R&D, regulation \nand governance to support the \nbusiness and technology \ndevelopment are also key.\"\nJohan Rockstr\u00f6m,\nDirector\nPotsdam Institute for Climate \nImpact Research "}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 28d506f5-1725-490e-9b4b-b0f7335db963
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 103, "chroma:document": "The \nClimate \nTech \nStartup \nCorner... The Climate Tech Startup Corner\n104\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3e49deb7-4528-4db2-b75d-e31bc079decc
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 104, "chroma:document": "CLIMEWORKS \nDr. Nathalie \nCasas\nHead of R&D, \nClimeworks\nP.114\nCAPGEMINI VENTURES \nLucia Sinapi\nEVP and MD, \nCapgemini Ventures\nP.106\nCLIMATE TECH \nSTART-UPS\nP.126\nThe Climate Tech Startup Corner\n105\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2c6f298b-0fe6-4e39-b902-dc818ebdfbc1
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 105, "chroma:document": "HOW CLIMATE TECH \nSTARTUPS CAN HELP \nUS TRANSITION \nTO A CARBON-FREE \nWORLD\nLUCIA SINAPI\nEVP and MD, \nCapgemini Ventures\nThe Climate Tech Startup Corner\n106\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ef21a54f-4fc2-4d3c-8fe7-0e52cd39c35f
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 106, "chroma:document": "The Climate Tech Startup Corner\n107\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nOver the past two decades, startups have become a critical \nsource of innovation as a perfect blend of technology and talent, \nsupported by unprecedent private capital funding: since 2015 the \nVenture Capital industry (VC) investments into startups amount to \n$2.6 trillion1 globally. This has been, and still is, the era of cloud, \ndata and software, contributing to the digital transformation of \nthe economy and disrupting nearly every industry."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3b37b263-d325-4d04-b026-da4a35259b81
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 106, "chroma:document": "The changes required to achieve 2050 Net Zero target and return \nto pre-industrial C02 levels in the atmosphere go beyond digital \nand will require massive investments to transition to clean energy, \ntransform our production and consumption models, or minimize \nour use of natural resources. THE KEY TO \nOUR FIGHT AGAINST \nCLIMATE CHANGE"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3bb1895e-6a5d-4055-8942-c009fd6262ce
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 107, "chroma:document": "The Climate Tech Startup Corner\n108\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nInterestingly, Venture Capital industry \nis now also directing investments into \npromising startup solutions active at \nbuilding our future carbon-free world. After a record 2021 year, VC funding \nwas not immune from the geopolitical \ncontext in 2022 and is taking a more \nconservative stance post recent negative \nnewsflow, however the climate tech \nsegment is showing some resilience. We believe there are fundamental \nfactors supporting startups engaging in \nsustainability and climate tech moving \nforward. And this is why."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9a46b4c7-1c60-4fb6-b4be-a65fedacc5f6
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 107, "chroma:document": "OVER THE PAST TWO \nDECADES, STARTUPS \nHAVE BECOME A \nCRITICAL SOURCE OF \nINNOVATION. Lucia Sinapi, \nEVP and MD, \nCapgemini Ventures"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ccf493cd-1858-4a54-ae43-4dbab515332c
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 108, "chroma:document": "The Climate Tech Startup Corner\n109\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nRe-imagining energy is on the critical path, \nas it contributes to 34% 2  of global carbon emissions. VC industry is currently backing about 38%3 of startups engaged in the race \nfor clean energy supply (also referred to as Energy Tech)4, which received \n$26 billion5 funding in 2022, a 40% CAGR over 2018 - 20226 (4 times the \nglobal VC funding growth over that period)."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 0bef4eca-c272-4646-8571-358a4d31818f
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 108, "chroma:document": "Renewables, energy storage7 \nand management8 still receive the lion\u2019s share, but VC industry is also \nfostering emergence of Green Hydrogen and New Generation nuclear \nenergy (including fusion) breakthrough solutions. According to International Renewable Energy Agency recent report, \ninvestment into climate tech would need to annually quadruple until 2050, \nwhile current pledges and plans lead to an emission gap of 16 GT. Carbon Capture Utilization & Storage solutions are \nexpected to address close to 15% 9  of total CO2 reduction \nby 2050\nStartups focusing on direct carbon capture and/or storage solutions from \nthe air10 or at industrial sites11 are attracting major funding for their projects \nby corporates12, on top of VC funding, which accounts in 2022 for $3.3B13. 1 CB Insights data\n2 Les Echos, March 19th, 2023 \nlesechos.fr/monde/enjeux-internationaux/climat-ce-quil-faut-retenir-des-six-derniers-rapports-\ndu-giec-1917145\n3 Tracxn data \n4 Energy Tech top-funded sub-sectors are: energy storage tech (Energy Storage Systems, Battery \nSystems, Charging Solutions), energy efficiency tech (Energy Management Systems, Utility Bill \nManagement), smart grid (Advanced Metering Infrastructure, Green Utilities), renewable energy \ntech (Horizontal Software, Solar Energy, Bioenergy)\n5 Tracxn data\n6 Tracxn data\n7 In 2022 the top-funded startup was Northvolt, Sweden\n8 Form Energy, US (low-cost battery system to store and supply renewable energy for long duration); \nHydrostor, Canada (Advanced Compressed Air Energy Storage solution for smart grid energy \nstorage)\n9 International Energy Agency\niea.org/data-and-statistics/charts/global-energy-sector-co2-emissions-reductions-by-measure-in-\nthe-sustainable-development-scenario-relative-to-the-stated-policies-scenario\n10 Climeworks, Switzerland, devices for extracting CO2 from ambient air\n11 Svante, Canada, technology that traps carbon produced from industries such as cement and steel\n12 Microsoft announced in July 2022 a 10 year carbon removal agreement with Climeworks\n13 CB Insights"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 63c3f570-5b53-408f-9fd3-120e1bb7aefa
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 109, "chroma:document": "The Climate Tech Startup Corner\n110\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nAnother area of high potential is \ncarbon-recycling technologies14, carbon \ntransformation15 or even carbon \nsequestration solutions16. VC backed innovation can be \nadjacent but critical to climate \ntech and sustainability agenda\nNew space-based Earth observation imaging \nsystems and AI allow for natural resources \nmonitoring and climate intelligence17, as well \nas biodiversity monitoring18. Pending the promises of Quantum \nComputing, synthetic biology is already \nopening new frontiers when it comes to the \ndevelopment of new materials19, or enabling \nbiodegradable plastics to be created \nfrom waste recycled using enzymatic \nbioprocesses20."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9e2ebf67-0a82-4e98-ad7f-d0fb908b29ab
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 109, "chroma:document": "Innovation can also be \ninspired by nature, as reflected by bio-\nmimetic solutions, while sustainable product \ndesign and manufacturing is already made \npossible by 3D printing technology21. Public research, policy and carbon \nmarkets provide the tailwind for \nclimate tech\u2026\nClimate tech development is enjoying a \nunique combination of levers, among which \nthe ability to leverage IP from academic \nand public research :  UK based Mimicrete \nsynthetic biology \nis already opening new \nfrontiers when it comes \nto the development of \nnew materials.\"\n14 LanzaTech, US, bioprocessing technology to capture and recycle industrial emissions\n15 Carbix, US, carbon-enriched concrete\n16 Carbfix, Iceland, converts carbon captured from the atmosphere into underground rock\n17 Prom\u00e9th\u00e9e, France, New Space operator of nanosatellite constellations for earth observation ; \nAgroscout, Israel, crop scouting solutions ; Cervest, UK, climate intelligence platform\n18 Nature Metrics, UK, molecular methods for biodiversity assessment ; Spoor, Norway, cloud and \nAI-driven biodiversity monitoring solutionss\n19 Bolt Threads, US, protein-based silk fibers ; Spiber, Japan, protein-based yarn\n20 Carbios, France, enzymatic recycling \n21 Aeditive, Germany, ready-to-use precast concrete"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 4bc85e50-1152-4a2f-8ece-e360283e8228
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 110, "chroma:document": "The Climate Tech Startup Corner\n111\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\ncomes out of Cambridge University research, US based Verdox\u2019s CO2 \nremoval technology was developed at MIT22. Similarly, in the nuclear field, \nstartups Hexana and Stellaria developing fourth-generation small AMRs23 \nare stemming from France\u2019s CEA Research labs24. Public policies and regulation mandating change towards energy transition \n(alike EU Green Deal) or funding climate projects through tax credits \n(alike US IRA25) foster investments into new infrastructure, as reflected \nby the Gigafactories for batteries being currently built in Europe and \nNorth America."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d793fc0d-0500-4e57-bd9f-bec11e024648
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 110, "chroma:document": "They also pave the way to bankable business cases for \nentrepreneurs in Deep Tech, who consequently are more likely to be eligible \nfor VC funding, despite climate deep tech being more capital intensive and \nlonger horizon ROI compared to software. Last, but not least, offset mechanisms provide eligible startups with an \nadditional funding source, as corporates investing into their projects to fast \ntrack their NetZero targets can benefit from offset credits. On that front, \ndigital marketplace solutions are aiming at making the carbon credit markets \nmore efficient26, some being blockchain technology based27."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: a98fd56b-4126-4a6d-b505-d1254575efcf
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 110, "chroma:document": "No doubt that \nquality of carbon credits and transparency in trading are prerequisites for \nan efficient carbon credit market that will further back the climate tech \nexpansion. INNOVATION CAN \nALSO BE INSPIRED BY \nNATURE, AS REFLECTED \nBY BIO-MIMETIC \nSOLUTIONS. 22 Business Wire, April 2022, \u201cVerdox Wins $1M XPRIZE Carbon Removal Award Together with Partner \nCarbfix\u201d\n23 AMR : Advanced Modular Reactors\n24 CEA : Commissariat \u00e0 l\u2019Energie Atomique et aux Energies Alternatives \u2013 French Atomic Energy and \nAlternative Energy commission\n25 IRA : Inflation Reduction Act\n26 Aspiration, US, tech platform to source high-quality nature-based carbon projects \n27 AirCarbon, Singapore, blockchain-based carbon credits trading exchange"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9b9bae37-0ee7-4914-907e-47a316ca7a0e
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 111, "chroma:document": "The Climate Tech Startup Corner\n112\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\n\u2026 as well as sense of purpose! Every day I meet talented startup founders fully determined to bring their \nsolutions to market, enthused and energized by the unique confluence \nof public and private interests in preserving the planet."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 36218812-3cba-450c-b107-b614452691d7
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 111, "chroma:document": "This fuels my \nconfidence about our collective ability to embark on this new industrial \nrevolution and address the existential challenge of our age. "}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: baec9005-4541-404a-ab9f-14395bcb497a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 112, "chroma:document": "\"Offset mechanisms \nprovide eligible startups with an \nadditional funding source.www\"\nLucia Sinapi,\nEVP and MD, \nCapgemini Ventures\nThe Climate Tech Startup Corner\n113\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c999e8de-e697-4d09-8393-204ed1f11e09
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 113, "chroma:document": "WHY CARBON-\nREMOVAL SOLUTIONS \nARE KEY TO FIGHTING \nCLIMATE CHANGE\nDR. NATHALIE \nCASAS\nHead of R&D, \nClimeworks\nThe Climate Tech Startup Corner\n114\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e3e201bf-bf51-437d-b6eb-641ce9177e5f
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 114, "chroma:document": "The Climate Tech Startup Corner\n115\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nZurich-based start-up Climeworks was founded in 2009 to help \naddress the massive challenge of climate. The company uses direct \nair capture (DAC) technology to capture CO\u2082 directly from the \nair, reducing the atmospheric concentration of CO\u2082 by only using \nrenewable energy, energy-from-waste, or other waste heat as \nenergy sources. In addition to getting corporate clients to pay for \nfuture removals, Climeworks has raised more than $810 million \nfrom a wide variety of investors to scale up. Dr Nathalie Casas heads R&D at Climeworks. She is also a \nmember of the innovation council of Innosuisse \u2013 the public Swiss \ninnovation agency."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b0677816-f0d8-4c35-bec3-7293ba711245
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 114, "chroma:document": "The Capgemini Research Institute spoke to \nDr. Casas to understand why carbon removal is key in our fight \nagainst climate change. CARBON REMOVAL \u2013 \nTHE KEY TO FIGHTING \nCLIMATE CHANGE\n"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c6b51e8f-6731-4e6d-b04e-ffa91338db4c
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 115, "chroma:document": "The Climate Tech Startup Corner\n116\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nThe enormity of the challenge posed by \nglobal warming can be daunting. What \ncan any individual, organization, or even \ncountry do to fight climate change?"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 698b39da-effd-4de4-b494-423764cfa1dd
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 115, "chroma:document": "We can and must make changes to our \ncurrent lifestyles, but this alone won't be \nenough to stop temperatures from rising. The science is clear: to have a chance of \nkeeping the global rise in temperature \nbelow 1.5\u00b0C, we need to get the world to \nnet zero, as quickly as humanly possible. This means doing everything we can to \nreduce our carbon footprint and actively \nremoving the CO\u2082 we have already emitted \ninto the atmosphere. We need to extract \nbillions of tons of CO\u2082 between now and \n2050, a task so gargantuan that we will \nneed all known carbon-removal solutions  \nto work together, uniting nature and \ntechnology in urgent symbiosis. Dr. Nathalie Casas \nHead of R&D, \nClimeworks\nWe can and must \nmake changes to our \ncurrent lifestyles, \nbut this alone won't \nbe enough to stop \ntemperatures from \nrising.\""}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e79a6374-8b0e-42c4-8d59-04bdba3381ca
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 116, "chroma:document": "The Climate Tech Startup Corner\n117\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\n\"We need to extract billions of tons \nof CO\u2082 between now and 2050, \na task so gargantuan that we will need \nall known carbon-removal solutions to \nwork together.\""}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: bd9d9b21-3f71-467d-8079-08aabdb3af07
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 117, "chroma:document": "The Climate Tech Startup Corner\n118\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nWhy is carbon removal so \nimportant? Let\u2019s talk about unavoidable and historical \nemissions."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3e8007d9-75e3-447e-9ef1-21588dd410a6
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 117, "chroma:document": "The most important thing any of us, \nindividuals or companies, can do to \nstop global warming is to shrink our \ncarbon footprints. According to the \nIntergovernmental Panel on Climate Change \n(IPCC) and the Science Based Targets \ninitiative (SBTi), companies must reduce \ntheir CO\u2082 emissions by at least 90% before \n2050. However, that will still leave around \n10% of current levels of unavoidable \nemissions."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 35909a64-db53-4a41-9aed-8b5a1b30e970
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 117, "chroma:document": "Carbon removal is crucial to \nneutralizing these emissions and keeping \nglobal warming at around the 1.5\u00b0C target. Then, there\u2019s the matter of \u201chistorical\u201d \nCO\u2082 emissions already released into the \natmosphere. There are billions of tons of \nhistorical CO\u2082 emissions in our atmosphere, \nwhich must be removed if we are to go \nbeyond carbon neutrality and achieve net \nnegative emissions (i.e., removing more CO\u2082 \nfrom the atmosphere than we pump into it). Carbon removal is the only way to achieve \nthis and, in doing so, take the first steps in \nrestoring balance to our climate. Beyond unavoidable and historical \nemissions, carbon removal is also an \nimportant safeguard in the fight against \nclimate change. If, despite drastic efforts to \nreduce emissions, a temperature overshoot \ntakes us above 1.5\u00b0C, additional carbon \nremoval could help us bring the temperature \ndown again. Carbon removal is \ncrucial to neutralizing \nCO 2  emissions and \nkeeping global \nwarming at around the \n1.5\u00b0C target.\"\n"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f2eccbb3-be75-4a7c-b363-d621b8400870
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 118, "chroma:document": "The Climate Tech Startup Corner\n119\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nTHERE ARE BILLIONS OF \nTONS OF HISTORICAL \nCO\u2082 EMISSIONS IN OUR \nATMOSPHERE, \nWHICH MUST BE \nREMOVED IF WE ARE TO \nGO BEYOND CARBON \nNEUTRALITY. Figure 1: Why carbon removal matters\n50\n40\n30\n20\n10\n0\n2010 2020 2030 2040 2050 2060 2070 2080 2090 2100\n-10\n-20\nNet emissions\nCurrent climate policies\nNet-zero\nRemaining emissions\nGtCO2/year\nNegative  emissions\nAvoided emissions\nReduce as much \nas possible\nConventional mitigation \ntechnologies\nRemove unavoidable \nemissions\nCarbon removal solutions\nSource: Climeworks."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1f10ea4b-8909-404d-a405-ea027d2ec5d3
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 119, "chroma:document": "The Climate Tech Startup Corner\n120\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nSource: Climeworks. Some effective carbon-removal solutions:\nThere are a variety of carbon-removal solutions available. Let\u2019s look at some of the more viable options. Direct air capture:\nDirect air capture (DAC) is a technology that captures CO\u2082 directly from the air and, when combined with \nstorage technology (DAC+S), locks the captured CO\u2082 permanently deep underground. Our storage partner \n\u2013 in Iceland, this is Carbfix \u2013 transports the CO\u2082 deep underground, where, through a natural reaction with \nbasalt rock, it transforms into stone, theoretically remaining in this state for over 10,000 years. This allows \nus to offer companies and individuals a high-quality, effective, and permanent removal of unavoidable and \nhistorical emissions."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 83707b51-43e8-4c8e-ac09-faae9704bfe4
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 119, "chroma:document": "In practice, DAC is a three-step process:\n1. Air is drawn in using fan-generated suction. Once inside, it passes through a filter that traps the CO\u2082 \nparticles. 2. When the filter is completely full of CO\u2082, the collector closes, and the temperature rises to about 100\u00b0C \u2013 \nthe same temperature it takes to boil water for a cup of tea. 3."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: a0c2f65d-3a83-4ce7-90d5-1887b1f74f08
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 119, "chroma:document": "This causes the filter to release the CO\u2082 so we can finally collect it. Figure 2: Climeworks' DAC plant in Iceland: Orca\n"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 27c6c282-aa62-435b-bfe5-31e98b5db5b9
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 120, "chroma:document": "The Climate Tech Startup Corner\n121\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nThere\u2019s global potential for \nDAC+S, from the Middle East to \nNorth America. We\u2019re currently \ninvestigating new opportunities \nin the US, Norway, and Oman. Climeworks\u2019 DAC system is \none of the key technological \nweapons in the battle against \nclimate change. It captures CO\u2082 \ndirectly from the air, reducing \nthe atmospheric concentration \nof CO\u2082 by only using renewable \nenergy, energy from waste, \nor other waste heat as energy \nsources. Each solution, whether natural \nor technology-based, has its \nbenefits and drawbacks, making \nit essential that all approaches work in synergy if climate targets are to be \nachieved. Below are the benefits of DAC:\n\u2022 Location-independent: CO\u2082 concentration is the same everywhere in the \nworld. As there is no specific emissions source, this means that DAC plants \ncan, in theory, be located anywhere there is a renewable-energy source and a \nsuitable site for CO\u2082 storage. \u2022 Highly scalable and measurable:  \nClimeworks\u2019 plants are based on a \nmodular-technology design, making them \nhighly scalable."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 92604f46-d0ea-4a9a-816a-f49af03b015d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 120, "chroma:document": "We can also measure \nexactly how much CO\u2082 our machines \ncapture."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 38e8564b-574d-4b96-9a6c-bb42b83e44a7
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 120, "chroma:document": "\u2022 Efficient land usage: Climeworks\u2019 plants \nrequire less land than other techniques. For example, on a land area of 0.42 acres, \nour Orca plant can remove 4,000 tons of \nCO\u2082 from the air every year \u2013 this is almost \n1,000 times more efficient than trees (the \nsame land area would host around 220 \ntrees with an estimated capacity of 22 kg \neach, giving an annual carbon-removal capacity of only 4.62 tons of CO\u2082). Our Orca plant can \nremove 4,000 tons \nof CO\u2082 from the air \nevery year \u2013 this is \nalmost 1,000 times \nmore efficient \nthan trees.\"\nDirect air capture \n(DAC) is a technology \nthat captures CO\u2082 \ndirectly from the air \nand, when combined \nwith storage \ntechnology (DAC+S), \nlocks the captured \nCO\u2082 permanently deep \nunderground.\""}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1500e8e8-62c1-4cac-846f-2f7cd8391a6f
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 121, "chroma:document": "The Climate Tech Startup Corner\n122\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nAfforestation: Planting more trees\nTrees are an excellent natural solution because they reduce the amount of \nCO\u2082 in the atmosphere by absorbing it and storing it for long periods of time \n\u2013 centuries, in some cases. Naturally, however, there are downsides:\n\u2022 Trees are vulnerable to fire and disease; once cut down or rotting, they \nrelease all the carbon dioxide they\u2019ve captured up to that point."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9181c05c-55cf-4fc2-86d5-aa7208dc6066
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 121, "chroma:document": "\u2022 A tree can only store CO\u2082 over its lifetime (average ~100 years). \u2022 Afforestation requires a great deal of water, and, most importantly, time; \nyoung trees absorb far less CO\u2082 than do mature ones, meaning that a \nnewly planted forest could take decades to absorb the levels of CO\u2082 we \nneed to lock away. \u2022 Trees need a lot of space: to generate sufficient CO2 storage capacity we \nwould need to afforest an area the size of Europe. \u2022 Protecting and strengthening our forests to ensure that they continue to \nserve as natural carbon sinks is of the utmost importance, but pinning our \nhopes on tree planting is not credible. A NEWLY PLANTED \nFOREST COULD \nTAKE DECADES TO \nABSORB THE LEVELS OF \nCO\u2082 WE NEED TO \nLOCK AWAY."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ad05c5ec-9a6f-4668-afc2-d57728819bef
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 122, "chroma:document": "The Climate Tech Startup Corner\n123\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nBioenergy with carbon capture and storage (BECCS)\nTo prevent CO\u2082 emitted from biomass, such as trees, from ending up in the \natmosphere, the biomass can be burned in a power plant, following which \nthe CO\u2082 released is captured and then buried. BECCS allows for the creation \nof energy as a secondary activity."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 4f92622b-3628-4eaf-b5c8-f33928e12865
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 122, "chroma:document": "Why has it not yet been implemented at scale? \u2022 To achieve the required level of CO\u2082 removal, this process would require \naccess to an area of arable land equivalent to more than twice the size of \nIndia (i.e., half the current global arable land area). \u2022 The required levels of water and fertilizer are very high and could impact \nfood production if redirected to BECCS."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9dd49477-8ca6-4edd-b741-6c03ee894961
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 122, "chroma:document": "\u2022 It is imperative that CO\u2082 emissions from the growing, harvesting, and \nprocessing of biomass don\u2019t outweigh total carbon captured. Enhanced weathering\nEnhanced weathering is a technology that mimics and accelerates the \nnatural climatic weathering process of rocks. Rocks exposed on the Earth's \nsurface absorb CO\u2082 from the atmosphere and, in the presence of water, \ntransform it into other compounds, retaining CO\u2082 for a long time. This solution accelerates this process by spreading finely ground rock over \nthe land surface (farmland, beaches, forests, etc.); this results in a greater \narea of rock surface being exposed to the atmosphere, and therefore \navailable to absorb carbon."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 66ed124d-f075-4d30-b23f-858a8ad82147
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 123, "chroma:document": "The Climate Tech Startup Corner\n124\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nBenefits include improving degraded soils and plant growth and helping \nto reverse ocean acidification. However, there are a few uncertainties:\n\u2022 Scientists suggest that rapid, uncontrolled changes in pH value, \ncarbonate-saturation state, and dissolved aqueous CO\u2082 could affect \nocean ecosystems. \u2022 Although this technology mimics a natural process, it\u2019s not itself natural \nper se; the substance used is released into ecosystems at much higher \nrates than normal and could create \u201cdead zones\u201d in which oxygen levels \nare too low to support life. \u2022 These are only some of the available solutions; all must be evaluated \ncarefully and as a matter of urgency, including in terms of scaling \npotential and applicability to the central struggle against climate change."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 123, "chroma:document": ""}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1851c6b9-9c01-42c1-8adc-1d914889e14a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 124, "chroma:document": "\"Trees need a lot of space: to \ngenerate sufficient CO2 storage \ncapacity we would need to \nafforest an area the size \nof Europe.\"\nDr. Nathalie Casas, \nHead of R&D, \nClimeworks\nThe Climate Tech Startup Corner\n125\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6bff94a6-6aac-4844-9259-d88651600889
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 125, "chroma:document": "CLIMATE \nTECH \nSTART-UPS\nThe Climate Tech Startup Corner\n126\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c686145e-92bc-468b-92a5-b4b64bbae092
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 126, "chroma:document": "RUNNING TIDE\nTRAVERTINE\nFIGHTING CLIMATE CHANGE \nWITH SEAWEED\n\u2022 Running Tide is a start-up whose \ngoal is to curb climate change by \nharnessing the ability of seaweed \nto capture carbon. The company \nplans to remove CO2 from the \natmosphere with the help of carbon \nbuoys made of kelp (large brown \nsea algae), which then absorbs CO2 \nthrough photosynthesis."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 181750b2-8f85-4b44-8cb1-2c40abe7a49a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 126, "chroma:document": "\u2022 After a period of capturing carbon, \nmarine engineers \nsink the buoys into \nthe depths of the \nocean, where they \nremain, containing \nthe captured CO2. \u2022 Travertine is a CO\u2082-removal and \nindustrial-chemical production \ncompany."}


created_at: 2025-04-28 00:40:28
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 126, "chroma:document": "\u2022 The startup aims to capture CO\u2082 \nfrom the air, mineralize it, and, as a \nby-product of the process, produce \nsulfuric acid, which has significant \nindustrial applications. Sulfuric acid \nis the world\u2019s most used inorganic \nchemical and is traditionally \nproduced by burning a by-product \nof fossil-fuel production; a process \nwhich generates massive quantities \nof environmentally hazardous \nwaste sulfates. \u2022 Travertine works on eliminating \nthat waste stream and upcycling \nsulfuric acid. At the same time, the \ncompany eliminates CO\u2082 from the \natmosphere by removing carbonate \nminerals. This happens through \nwater electrolysis, which produces \nequal quantities of acid and base. Travertine eliminates \nCO\u2082 from the \natmosphere by  \nremoving carbonate \nminerals. CARBON CAPTURE\nThe Climate Tech Startup Corner\n127\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 127, "chroma:document": "Peter Reinhardt\nCEO, Charm\nThe Climate Tech Startup Corner\n128\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nCHARM \nINDUSTRIAL\nPUTTING OIL BACK INTO \nTHE UNDERGROUND TO FIGHT \nCLIMATE CHANGE\n\u2022 Charm uses plants to capture CO\u2082 \nfrom the atmosphere; it converts \ninedible biomass such as corn stover \nrecovered from agricultural operations \ninto a stable, carbon-rich liquid, which \nit then pumps into EPA (Environmental \nProtection Agency)-permitted deep \nunderground reservoirs where the \nbio-oil sinks and solidifies in place. This \npermanently removes CO\u2082 from the \natmosphere, putting it out of reach \nof potential release by wildfires, soil \nerosion, or land-use change."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 127, "chroma:document": "\u201cBy 2050 [humanity \nneeds] the carbon-\nremoval industry to \ngrow by 2 million \ntimes, with a \ncompound growth \nrate of 65%. I think it\u2019s \npossible. It\u2019s going to \nbe very hard, but it\u2019s \nalso a problem that \nthe government and \na lot of people are \nthrowing their weight \nbehind.\u201d\nCellulosic \nbiomass currently \ncaptures >100 Gt \nCO\u2082/yr. \u2022 At a large scale of bio-oil production, \nCharm will use it to make carbon \nnegative iron. The bio-oil helps \ntransform the iron ore into metallic \niron at lower temperatures than \ntraditional fossil fuel methods. By \ncapturing the cleaner gaseous carbon \nwaste stream, Charm could turn \nthe 6% of global emissions from \niron-making (2x that of aviation) net \nnegative."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 128, "chroma:document": "CARBFIX\n\u2022 Carbfix uses its cutting-edge \ntechnology to capture CO\u2082 from \nthe air and turn it into stone, \nwhich is stored underground.. The technology extracts CO\u2082 from \nemissions and dissolves it in water \n(effectively making carbonated \nwater)."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 128, "chroma:document": "The water is then injected \ninto specific rock formations that \nreact with the CO\u2082 and transform \nit into stone to form stable \nminerals, providing a permanent \nand safe carbon sink. The process \ntakes less than two years."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 128, "chroma:document": "\u2022 The process has a low up-front \ncapital cost and is low-cost overall \ncompared to other processes. \u2022 In 2020, the company signed an \nagreement with Climeworks, a \nSwiss company that captures \nCO\u2082 from the atmosphere and \nthen stores it at its location-\nindependent plants. It will \nsignificantly scale up carbon \nremoval and storage, permanently \nremoving 4,000 t/yr of CO\u2082 from \nthe air. The process \nhas a low up-front \ncapital cost \nand is low-cost overall \nas compared to other \nprocesses. The Climate Tech Startup Corner\n129\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nPermanently \nremoving \n4,000 t/yr of CO\u2082 \nfrom the air."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 129, "chroma:document": "Devon Wright \nCEO & Co-Founder, Lumo \nLUMO\n\u2022 Agriculture accounts for 70% of \nglobal water use and Lumo provides a \nsolution to enable farmers to reduce \nwater consumption by as much as 50%. \u2022 Lumo is a California-based irrigation \ntechnology company obsessed with \nhelping growers conserve their most \nprecious resources \u2013 time, money, and \nwater."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 129, "chroma:document": "\u2022 Built alongside some of the best \ngrowers in the world, Lumo's smart \nirrigation valve is wireless, cloud-\nmanaged, and contains an embedded \nflow meter to track water consumption \nand detect leaks \u2013 the first of its kind in \nthe industry. \u2022 Presently, Lumo's smart irrigation \nsolution is being used \nby 15 growers in \nCalifornia, including \nWente Vineyards \nand Driscoll's\n\u201cImagine a device \nthat is located \npermanently in the \nfields, providing \nreal-time visibility of \nsystemic health, and \nthat can be controlled \nremotely to deliver \nthe exact amount \nof water, not a drop \nmore or less.\u201d\nLumo provides \na solution to enable \nfarmers to reduce \nwater consumption \nby as much \nas 50%. SMART IRRIGATION\nThe Climate Tech Startup Corner\n130\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 130, "chroma:document": "SPACE FORGE\n\u2022 Space Forge is a UK \nstart-up that is leading the \nclean industrial revolution \nby harnessing the benefits \nof manufacturing in space. It is developing fully \nreusable satellites capable \nof manufacturing the next-\ngen supermaterials in space \nfor a return to Earth as part \nof the move to low-carbon \ntechnologies. \u2022 Space Forge focuses on \ndeveloping technologies that \nenable in-space manufacturing \nand resource utilization, \nwhich can reduce the need for \nresource-intensive launches and \nenable more sustainable space \nactivities."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 130, "chroma:document": "Leading the \nclean industrial \nrevolution\nEnable \nmore sustainable \nspace activities. IN-SPACE MANUFACTURING\nThe Climate Tech Startup Corner\n131\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 131, "chroma:document": "HYDGENE \nRENEWABLES\nBOLT THREADS\nCONVERTING BIOMASS \nINTO HYDROGEN\nFASHION FROM MUSHROOMS\n\u2022 Hydgene Renewables \nreprograms bacterial microbes by \nusing synthetic biology techniques \nto produce clean, renewable \nhydrogen gas from feedstock. \u2022 The company is developing \na hydrogen solution that is \nproduced on-site on farms, from \nrenewable plant-based feedstock, \nwhich removes the high costs of \ntransport and storage associated \nwith hydrogen. \u2022 In 2022, the \ncompany won \nAustralia\u2019s \nclimate tech \naward in the \nNewcomer \ncategory. \u2022 Bolt Threads is a start-up that \nuses synthetic biology to develop \nsustainable materials to supply to the \napparel industry. One such material \nis the synthetic spider silk called \nMicrosilk, which replicates properties \nof a silk fibre produced by a spider."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 131, "chroma:document": "Their newly launched product Mylo is \nderived from mushrooms. \u2022 The company's technology helps \nreduce the environmental impact \nof the textile industry, which is \nknown for its heavy use of water and \nchemicals."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 131, "chroma:document": "\u2022 In October 2022, the company \nlaunched a multi-project in \ncollaboration with Ginkgo Bioworks \nto increase production efficiency and \nenhance performance. The company's \ntechnology helps \nreduce the \nenvironmental \nimpact of the textile \nindustry. SYNTHETIC BIOLOGY\nThe Climate Tech Startup Corner\n132\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 132, "chroma:document": "TREECARD \nWOODEN DEBIT CARD THAT \nPLANTS TREES\n\u2022 Founded in 2019, TreeCard is a \nclimate tech start-up that has \ndeveloped a debit card that \nuses the revenue generated \nfrom merchant fees to fund \nreforestation projects around the \nworld. \u2022 When customers use their \ntreecards to make purchases, \na portion of the merchant fees \ngenerated from the transactions \nis automatically donated to \nreforestation projects. \u2022 In addition to funding \nreforestation projects, TreeCard \nalso aims to reduce the carbon \nfootprint of its customers. The company has developed a \ncarbon-tracking feature that \nallows customers to track their \ncarbon emissions and offset them \nthrough the \npurchase \nof carbon \ncredits. TreeCard \nalso aims to reduce \nthe carbon footprint \nof its customers."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 132, "chroma:document": "A portion of the \nmerchant fees \ngenerated from \nthe transactions is \nautomatically donated \nto reforestation \nprojects. BIODIVERSITY FINTECH\nThe Climate Tech Startup Corner\n133\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 133, "chroma:document": "NATUREMETRICS \nSPOOR\n\u2022 NatureMetrics is a technology \nstart-up that uses genetic \ntechniques to monitor biodiversity. The company uses spatial \nintelligence technology that taps \ninto information derived from \nenvironmental DNA (eDNA)."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 31f5be40-0457-4a64-b6e3-737e623a33fe
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 133, "chroma:document": "\u2022 Each species carries a unique \ngenetic signature in all cells."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 28c50b71-789a-4e35-8068-8c922fe1b29a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 133, "chroma:document": "When an organism's cells are \nshed into the environment, \nits genetic signature is also \nreleased. NatureMetrics isolates \nthese signatures from water or \nsediment samples and uses them \nto determine which species are \npresent. \u2022 The startup offers a subscription \nservice that allows companies to \ngain insights into the biodiversity \nimpact of their operations. \u2022 Founded in 2020 in Oslo, Norway, \nSpoor uses computer vision and AI \nto detect, track, and classify birds in \nwind farms to help developers and \noperators gain insights and guide \nmitigation measures. \u2022 It has developed AI-powered \nsoftware for bird monitoring on wind \nfarms. It uses machine vision for \nmonitoring, managing, and reporting \nenvironmental impacts. Ask Helseth\nCEO , Spoor\n\u201cWe use \nartificial \nintelligence \nto monitor \nbird activity \naround \nwind \nturbines \nboth \nonshore \nand offshore. By focusing on \nhighly advanced software \nover cumbersome  traditional \nhardware, we are able to \nbuild a comprehensive global \ndatabase as part of our \ndetection and monitoring \nwork, which to date has \nsuccessfully tracked over \n126,000 birds in about 18,562 \nhours.\u201d\nBIODIVERSITY MONITORING\nThe Climate Tech Startup Corner\n134\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 134, "chroma:document": "CERVEST\n\u2022 Cervest\u2019s Unified Climate \nIntelligenceTM (UCI) platform \nis enabling enterprises, public \nbodies, and financial institutions \nto measure interconnected climate \nrisks and opportunities on built \nand natural capital assets \u2013 across \nphysical and transition risk. \u2022 Powered by cutting-edge \nEarth Science AITM and globally \ncomparable climate risk ratings, \nCervest\u2019s flagship product \nEarthScan provides UCI-driven \ninsights that Chief Risk & \nSustainability Officers use to \nincrease asset resilience and meet \nclimate-related financial disclosure \nrequirements. \u2022 By connecting and de-risking \ndecisions on every built and natural \nasset through UCI, Cervest is \npowering a Climate Intelligence \nNetworkTM whose climate-aligned \ndecisions will drive a chain reaction \nof adaptation actions to build a \nmore resilient world\nIggy Bassi,\nFounder & CEO of Cervest\n\u201cWe are now in the era of \nclimate volatility, where \ndecision-makers will \nneed access to a unified \npicture of climate risk that \nencompasses physical and \ntransition risk, and attributes \nvalue to natural capital \nassets alongside net-zero \ntargets. From climate-aligning critical \ninfrastructure development \nto supporting national \nrenewable energy schemes, \nestablishing sustainable \nsupply chains to protecting \nand restoring environment \necosystems and their vital \nservices, unified climate \nintelligence is the new \ndecision-making superpower \nof the 21st century.\u201d\nUnified climate \nintelligence is \nthe new \ndecision-making \nsuperpower of the \n21st century."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 134, "chroma:document": "CLIMATE INTELLIGENCE\nThe Climate Tech Startup Corner\n135\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 135, "chroma:document": "AGROSCOUT\nPLANET LABS\n\u2022 Agroscout uses drone and \nsatellite technology to help \nfarmers monitor crop health and \noptimize irrigation and fertilizer \nuse. The company's goal is to \nimprove yields while reducing \nenvironmental impact. \u2022 The platform collects data \nto create powerful analytics \nfor actionable insights into \ncrop management. AgroScout \nmonitors the crop size from \nemergence stand count through \ncanopy coverage estimates and \nplant biomass. \u2022 Planet Labs owns and \noperates a fleet of 200 satellites \nthat image the entire Earth \nlandmass daily."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 135, "chroma:document": "The company\u2019s \nsatellite-imagery data helps \ncompanies and governments \nto map and understand the \nagricultural evolution of Earth. \u2022 On an average, Planet Labs \nhas 1,700 images across every \nlocation. The company's \ngoal is to improve \nyields while \nreducing \nenvironmental \nimpact."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 135, "chroma:document": "The company\u2019s \nsatellite-imagery \ndata helps \ncompanies and \ngovernments to \nmap and \nunderstand the \nagricultural \nevolution of \nEarth. SPECIAL INTELLIGENCE\nThe Climate Tech Startup Corner\n136\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 136, "chroma:document": "GLACIER\nFIGHTING CLIMATE CHANGE \nWITH WASTE RECYCLING\n\u2022 Only 5% of plastic in the US is \nrecycled today. \u2022 Conventional recycling facilities \nrely significantly on manual labor, \nwhich is being heavily hit by a \nlabor shortage. Glacier provides \na low-cost, high-performance \nsorting robot to superpower these \nfacilities. \u2022 Founded in 2019, Glacier uses \nAI-enabled robots to identify and \nsort recyclables in these facilities. Their robots can distinguish \nbetween different recyclable \nmaterials such as cartons, plastic \nbottles, and containers."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 136, "chroma:document": "These \nrobots are already being adopted \nby facilities \nacross the \ncountry and \nhave diverted \nmillions of \nrecyclables \nfrom landfill \nto date."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 136, "chroma:document": "\u201cWe as a society have \nbecome really good at \nproducing and consuming, \nbut we haven't figured \nout what to do with all \nour stuff when we're \ndone with it. Glacier exists \nto solve that problem, \nto solve the circular \neconomy.\u201d\nAreeb Malik, \nCo-Founder, Glacier\nGlacier provides \na low-cost, high-\nperformance sorting \nrobot to superpower \nconventional \nrecycling facilities. WASTE MANAGEMENT\nThe Climate Tech Startup Corner\n137\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 137, "chroma:document": "CARBON CURE\nKEBONY\nSUNFUNDER \n\u2022 Carbon Cure uses technology \nto reduce carbon emissions in \nthe construction industry. It has \ndeveloped a process that injects \nCO\u2082 into concrete, reducing \nthe amount of cement needed \nand lowering levels of carbon \nemissions. \u2022 Implementing Carbon Cure\u2019s \nmodel globally could reduce CO\u2082 \nemissions by 700 Mt annually \u2013 \nequivalent to the emissions of \n150 million internal combustion \nengine vehicles. \u2022 Kebony focuses on using food \nwaste to produce sustainable \nsoftwood."}


created_at: 2025-04-28 00:40:28
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 137, "chroma:document": "\u2022 The company uses technology that \nuses food waste and modifies it to \nreproduce the qualities of tropical \nhardwood. \u2022 Kebony\u2019s technology permanently \nmodifies the wood by enhancing \nthe properties \nof sustainable \nsoftwood to \nmirror premium \nhardwood \ncharacteristics. \u2022 SunFunder is the leading debt-\nfinancing provider for distributed \nsolar power in Africa and other \nemerging regions, bringing access \nto energy and long-term climate \ninvestments."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d436552b-65c2-4bf5-a16e-51c8c90a4eed
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 137, "chroma:document": "\u2022 It has issued over $150 million \nin loans to 57 solar companies \nworking in off-grid solar, mini-grids, \nagri-solar, and other commercial \nand industrial (C&I) solar projects. These investments mitigate carbon \nemissions by replacing fossil fuels, \nand also help communities adapt \nto climate change by increasing the \nresilience of local economies and \nfood systems. \u2022 SunFunder\u2019s investments have \ndirectly resulted in over 750,000 t/\nyr of CO2e mitigation. BUILDING A \nGREENER FUTURE WITH \nFOOD WASTE\nSunFunder is the \nleading debt-\nfinancing provider \nfor distributed solar \npower in Africa. The Climate Tech Startup Corner\n138\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 50adf975-990a-4602-89ab-b3f989d3f8a4
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 138, "chroma:document": "CARBON EQUITY\nSOLAR FOODS\n\u2022 Founded in 2021, Carbon Equity \nenables people to invest more easily \nin climate funds. Carbon Equity \nmakes it possible to invest in small \nticket sizes, starting from \u20ac100k. \u2022 As of 2023, the company had \nsourced more than 800 climate \nprivate equity funds, including \nventure capital, growth equity, and \nbuyouts. \u2022 Food production requires significant \nland use and negatively impacts the \nenvironment."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9ca47c97-72f9-45cc-8bad-d0a12d539634
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 138, "chroma:document": "Solar Foods aims to \nliberate protein production from the \nchallenges of agricultural production \nmethods. \u2022 Solein \u2013 the company\u2019s sustainable \nalternative to animal-derived proteins \n\u2013 is an edible bacterium: a single-\ncell microbe that is grown using \ngas fermentation. Producing Solein \nrequires only air, water, and energy, \nwithout taking up vast tracts of land. RELIEVING AGRICUL TURE \nOF THE BURDEN OF FOOD \nPRODUCTION\nYou can listen to many of these exciting startups on the Hardware to Save \na Planet podcast from Synapse, Part of Capgemini Invent at \nwww.hardwaretosaveaplanet.com\nThe Climate Tech Startup Corner\n139\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 8d631ab5-bc3d-469b-bf4a-6cb40d09066d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 139, "chroma:document": "Voice of Gen Next\n140\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nVoice of \nGen Next..."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 16c4b533-9482-4303-a064-a9263eecee67
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 140, "chroma:document": "Voice of Gen Next\n141\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nArielle \nKouyoumdjian \nTeen Podcaster,\nFounder, Changing Planet Justice, US\nP.142\nVinisha \nUmashankar\nFounder, Solar Ironing Cart, India\nTEDx and COP26 Speaker, The \nEarthshot Prize Finalist\nP.148\nRahmina \nPaullete\nClimate activist at Fridays For \nFuture International, \nFounder of Kisumu Environmental \nChamps, Kenya\nP.152"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3f665216-eec3-438f-bcc6-2f9e076671d8
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 141, "chroma:document": "Voice of Gen Next\n142\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nARIELLE \nKOUYOUMDJIAN \nTeen Podcaster,\nFounder, Changing Planet \nJustice, US\nArielle Kouyoumdjian is a podcaster, \nwilderness enthusiast, and \nclimate justice activist. She is the \nproducer of the podcast \u201cChanging \nPlanet Justice,\u201d which dives into \nenvironmental justice and social \nequity."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1725355e-7a37-4757-bd96-20568773b7ba
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 141, "chroma:document": "She actively talks about \nclimate change\u2019s impact on vulnerable \ncommunities. She has won various \nawards, including the \u201cBest of SNO \nJournalism Award\u201d and \u201cThe NYTimes \n4th Annual Student Podcast award,\u201d \namong others. She is based in Virginia, \nUSA."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 68137337-61e7-4b6b-9d96-5977c0e0f17a
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 142, "chroma:document": "Voice of Gen Next\n143\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nYou are the producer of the Changing Planet \nJustice podcast. Could you tell us what inspired \nyou to start a podcast and what impact you \nwanted to make?"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 27ecc4d8-6a56-4cfe-ab10-8ac7729dd1b7
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 142, "chroma:document": "From second to eighth grade, I \nwas always listening to something \nstimulating: Science Friday, \nBrainsOn, TEDx, Moth Radio Hour, \nFresh Air, and a plethora of other \npodcasts. At age 12, I decided to \ncombine my passions for podcasts, \nnational parks, and environmental \nactivism; I believed that even \nsomeone as young as I was could \nmake a difference. Climate change \nterrified me, but I wanted to spread \nawareness without resorting to \nalarmism. My podcast evolved \ninto an exploration of how climate \nchange disproportionately affects \nmarginalized communities. Today, I try to explore the intersections of climate change and \nsocial justice in a way that is both engaging and accessible to \nthe public."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2bd30288-419e-478c-916b-cbe516c3c980
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 142, "chroma:document": "I aim to amplify the voices of those on the front \nlines of the climate movement. WE NEED TO ADDRESS\nTHE GROWING \nAPATHY TOWARD \nCLIMATE CHANGE \nAMONG YOUNGER \nGENERATIONS. My podcast \nevolved into an \nexploration of how \nclimate change \ndisproportionately \naffects marginalized \ncommunities.\""}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e7454b55-7789-4419-b5c4-7b017d0e2917
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 143, "chroma:document": "Voice of Gen Next\n144\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nYou chose podcasting as the \nmedium through which to spread \nawareness about climate change \nand drive behavioral change. What are some of the other \napproaches that interest you in \nterms of inducing a change in \nsociety?"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 86a6cdb3-7686-492d-bc93-aad438565230
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 143, "chroma:document": "I\u2019m still searching for the most impactful \nways to catalyze change. Sometimes, I \nwonder why the raw facts of climate change \naren\u2019t sufficient on their own to scare those \nin power into overhauling social, political, \nand economic systems. Civil disobedience \ncan be an effective way to drive widespread \nchange but, beyond protests, we need \npositive action that everyone can get \nbehind. I think that financial incentives \nwould encourage adults to commit to \nbehavioral change: taxing and/or capping \ncarbon emissions; cutting financial support \nfor fossil fuels; and subsidizing sustainable \nenergies would all make a big difference. Additionally, we need to address the \ngrowing apathy toward climate change \namong younger generations; when it seems \nlike the climate is changing but government, \npolitics, and society fail to respond, young \npeople begin to grow hopeless and passive. Telling my story, voicing my fears, and \namplifying the voices of those who have \nmore power than me are what I feel I can do \nto take the future of this Earth into my own \nhands and make a difference. Which is more important to \nachieving sustainability: a shift in \nconsumer behavior or disruptive \ninnovation to create solutions/\nproducts that are sustainable by \ndesign? Consumer change is key to becoming a \nmore sustainable community. While novel, \n\u201cgreener\u201d products are eye-catching and \ngarner abundant media attention, they are \noften inaccessible to a large section of the \ngeneral public. Instant gratification is at \nthe core of much of today\u2019s consumption \nissues; if consumers and capitalists can curb \ntheir desire to develop, produce, consume, \nreceive, and travel as fast as possible, we \ncan massively cut the carbon emissions that \nare the corollary of prioritizing efficiency at \nall costs."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: bb8542b4-0c96-46ec-af6f-39cb4c9a8c39
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 143, "chroma:document": "Rather, consumers and producers \nneed to make the most of the assets we \nalready have, funneling technology and \nother reusables into circular economies, \ndrawing on renewable resources, and \nrecycling. FINANCIAL \nINCENTIVES TO \nDRIVE BEHAVIORAL \nCHANGE\nI think that financial \nincentives would \nencourage adults to \ncommit to behavioral \nchange.\""}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d924fb02-7f4e-4357-8e0d-86ae18e36fbd
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 144, "chroma:document": "Voice of Gen Next\n145\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nWHY THE \nWEALTHIEST NATIONS \nHAVE THE GREATEST \nOBLIGATIONS\nWhat sort of support do you \nexpect from society in terms of \nprotecting the environment? Everyone can contribute to collective \nchange."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 8d43387d-4301-4a88-ad68-5142940b585f
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 144, "chroma:document": "I believe that, as individuals, our \nonly responsibility is to do the best that we \ncan with the resources we have. The wealthiest nations have the greatest \nobligation to make sustainable investments, \nnot only because they are historically \nresponsible for climate change, but because \nthey are the least vulnerable to its effects. Developing countries that contribute \nnegligibly to climate change should receive \nthe full support of developed countries \nas they grapple with its most devastating \nimpacts. As a young person, I wish that \nadults would invest in sustainable initiatives, \nrather than continuing to fund the fossil-fuel \nindustry. It seems that older generations \nprioritize the short-term benefits and \nrapid rewards of fossil fuels over the long-\nterm social and environmental rewards of \nrenewable energy. I\u2019d have a lot more faith \nin society if I knew that it valued the survival \nof future generations over momentary \nprosperity."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 98a5aad4-bfbb-4aac-8ea5-92444e5fb9e9
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 144, "chroma:document": "I believe a larger portion of \ntaxpayers\u2019 money should be allocated to \nachieving sustainability goals. The wealthiest \nnations have the \ngreatest obligation \nto make sustainable \ninvestments, not \nonly because they \nare historically \nresponsible for \nclimate change, but \nbecause they are the \nleast vulnerable to \nits effects.\"\n"}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7693ba8b-1218-4678-91cd-1b6bda7d562f
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 145, "chroma:document": "Voice of Gen Next\n146\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nHOW LARGE \nORGANIZATIONS CAN \nWORK WITH YOUNG \nENVIRONMENTAL \nACTIVISTS\nHow can large organizations \ncollaborate with younger \nenvironmental activists such as \nyourself to achieve these goals? Providing youth activists with a podium, \namplifying our voices, and empowering us \nto speak up keeps the climate movement \nin motion."}


created_at: 2025-04-28 00:40:28
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7d8c0659-f50b-414d-b404-1034b4fe00d4
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 145, "chroma:document": "In a corporate-controlled \nsociety, kids\u2019 inability to contribute \nfinancially, pay taxes, or vote renders us \nsocially powerless \u2013 or at least, it often \nfeels that way. When large organizations \nallow us to participate in their initiatives, it \ngives us some sense of agency in a society \nthat sometimes makes us feel overlooked \nand even trampled. At times, the sense of \nsocial inertia becomes so pervasive that it \nfeels like young people and adults are each \nwaiting for the other to save the world. Large organizations can gain the trust of \nyoung people by inviting, encouraging, \nand motivating them to work alongside \nadults. Then, instead of feeling helpless \nand restricted by our youth, we feel \nboth acknowledged and appreciated. By \ncombining the business and technical \nknowledge of the adult generation with the \nfresh perspectives and idealism of youth, \nwe are far better equipped as a society \nto combat our common Earth-destroying \nenemy. You have won various \nenvironmental impact awards."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: eb7dfab3-4f60-46f0-a705-0417a7bd6003
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 145, "chroma:document": "Where do you see yourself in 10 \nyears? In 10 years, I hope to be a broadcast \njournalist on public radio, covering climate \njustice. I understand the transformative \nimpact that green spaces can have on \nchildren growing up; to be able to run, play, \npicnic, and relax in a public park is a privilege \nI took for granted but, now, I value it more \nthan ever. I\u2019d have a \nlot more faith in \nsociety if I knew that \nit valued the survival \nof future generations \nover momentary \nprosperity.\"\n"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 66c7afeb-6644-4c73-853c-36277e9e3c10
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 146, "chroma:document": "Voice of Gen Next\n147\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nWhen large \norganizations allow \nus to participate \nin their initiatives, \nit gives us some \nsense of agency \nin a society that \nsometimes makes us \nfeel overlooked and \neven trampled.\"\nIf you could have one superpower \nto change the way things are \ntoday, which would you choose? I\u2019ve always said my superpower would be \npersuasion: rhetoric so powerful that it \ncould unequivocally convince anyone who \nlistened. Climate change, and the impending \ndevastation of our planet, constantly \nweigh on me."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: a396168e-9ab7-402c-8431-ffc7c9a4c5d4
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 146, "chroma:document": "I want to convince everyone, \nyoung and old, that change is possible. This requires us to build momentum, show \ndedication, and endure discomfort, but \nchange is possible and within reach. We may \nhave reached the \u201cpoint of no return,\u201d but \nthere is no point at which we cannot begin. What is the one piece of advice \nthat you would like to give to \nyour peers? Stay hopeful, but not too hopeful. Stay \nfrightened, but not paralyzed. Passivity is \nthe worst crime."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 623dd3b4-3075-443d-b500-d61d63fa2aee
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 146, "chroma:document": "Your voice is more powerful \nthan you think it is, and our voices are most \npowerful when we speak up together. I \nwant my peers to assert themselves when \nthey see an opportunity to promote and \ndrive sustainability. Contrary to what we\u2019ve \nbeen taught, sometimes we need to push \nback against adults: email the head of \nschool about your idea for implementing \nsolar energy in school buildings; teach \nyour dad about reducing food waste as he \nprepares a meal; show your grandmother \nhow to recycle; talk about politics and \nenvironmental issues at the dinner table. Climate change is a global crisis, which also \nmeans it\u2019s a global fight that, like it or not, \nwe\u2019re in together. So, no matter where you \nare in the world, how old you are, or how \nloud or quiet your voice is, speak up, push \nback, and keep going."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d265e786-c221-4418-acef-cee4b5f1b258
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 146, "chroma:document": "Stay hopeful, \nbut not too hopeful. Stay frightened, but \nnot paralyzed.\""}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: a137c007-91cb-4bbb-aea2-43c5d3110ff1
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 147, "chroma:document": "VINISHA \nUMASHANKAR\nFounder, \nSolar Ironing Cart, India\nTEDx and COP26 Speaker,  \nThe Earthshot Prize Finalist\nVinisha is a student, a TEDx speaker, \nan innovator, and an environmentalist. She is known for her innovation, the \nSolar Ironing Cart."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c6013484-6166-4223-a07c-ae333fccca35
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 147, "chroma:document": "She was only a \nschool student when she was selected \nas the youngest Earthshot Prize 2021 \nfinalist. She spoke along with Prince \nWilliam, the Duke of Wales, at COP26."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b5185346-d9d7-4af5-bf61-ed3b45374fbc
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 147, "chroma:document": "Her 5-minute speech went viral on \nsocial media and may have been seen \nover 30 million times. Despite her age, \nVinisha advocates change through \ninnovation. She was the recipient of \nthe EarthDay Network \"Rising Star\" \naward in 2021 and the Children's \nClimate Prize in 2020, among many \nother awards. She lives in a rural town \nin Tamil Nadu, India. Voice of Gen Next\n148\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 0c2a216e-7d83-45eb-88f8-94847de09813
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 148, "chroma:document": "You developed a solar-powered \nironing cart as a clean alternative \nto the charcoal-powered version \nprevalent in India. What inspired \nyou? In my neighborhood, six ironing vendors use \ncharcoal to heat a heavy cast-iron box for \npressing clothes and usually throw the burnt \ncharcoal away with the garbage. It made me \nthink about this being done all across India. There may be 10 million traditional ironing \ncarts in India, which burn about 50 million kilos \nof charcoal every day. Think of how much CO2 \nTHERE MAY BE 10 MILLION \nTRADITIONAL IRONING \nCARTS IN INDIA, WHICH BURN \nABOUT 50 MILLION KILOS OF \nCHARCOAL EVERY DAY. and toxic pollutants mix with the air!"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 148, "chroma:document": "About \n7 million people worldwide die every year \ndue to toxic air pollution. I looked for a viable \nsolution and discovered that solar energy \ncould effectively replace the 300-year-old \ntradition of using charcoal as a fuel, thus \neliminating its harmful impact on the Earth, \nhumans, and animals. At the moment, people have no choice but \nto breathe toxic air. When scaled up, the \nsolar ironing cart will eliminate the use of \ncharcoal for ironing clothes in India and other \ndeveloping countries. Prevention is still the \nbest solution!"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 148, "chroma:document": "Voice of Gen Next\n149\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 149, "chroma:document": "DRIVING CHANGE IN \nSOCIETY\nIn a powerful speech that you \nhave given on various platforms, \nincluding COP26, you have \nemphasized the impact that the \nyounger generation can have on \nclimate change. What are some \nof the approaches through which \nyoung people can induce change \nin society? Being able to express myself through \nspeeches is great, but the world requires \naction. Spreading the word, keeping up the \npolitical pressure, using public transport, \ncutting down on electricity use, buying \nlocally grown produce and locally made \nproducts, eating plant-based meals, not \nwasting food, buying fewer clothes, planting \ntrees, and recycling used products are some \nof the ways in which everyone can help \nchange society. Protesting is a democratic choice. But \nclimate change activists are increasingly \nturning to acts of civil disobedience \nto make their point, and this can be \ncounterproductive. In April 2022, hundreds \nof scientists from more than 35 countries \nplanned and synchronized actions, including \nblocking highways, picketing infrastructure, \nand spray-painting and pasting large climate \nposters on monuments. In May 2022, the \nUK government initiated efforts to ban the \nclimate action group Extinction Rebellion \non the grounds that it is an organized \ncrime outfit, in light of the group\u2019s plan \nto blockade oil companies across the \ncountry. Such radical actions \u2013 and the \nofficial responses to them \u2013 will hinder non-\ndestructive climate activism and negatively \naffect public support for climate change \nmitigation."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d362a024-e5f3-42ff-bbde-2c5bbcf2ddf2
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 149, "chroma:document": "SCIENCE AND \nBEHAVIORAL CHANGE\nAs an innovator and inventor, \nwhat do you see as more \nimportant to the transition to \nsustainability: a shift in consumer \nbehavior, or disruptive innovation \nto create solutions/products that \nare sustainable by design? I would say that both are key to progress."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 47cd0896-4834-4adf-979f-4af615310714
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 149, "chroma:document": "Science can\u2019t solve all the problems \nhumanity has created; some we will have \nto resolve for ourselves through changes \nto our behavior. We, as consumers, should \ntake full responsibility for our actions. The \nresources that we are using are finite."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 385e0b61-380f-4b91-a757-1b103ca19f78
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 149, "chroma:document": "We \nare answerable to future generations. Voice of Gen Next\n150\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nClimate change \nactivists are \nincreasingly turning \nto acts of civil \ndisobedience to \nmake their point, \nand this can be \ncounterproductive.\""}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e40b6671-d67b-47e4-962d-04278efc1c06
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 150, "chroma:document": "If it continues, our reckless use of major \nresources will hamper the economic and \nfinancial well-being of posterity. We have to \nbe responsible consumers. What support do you expect \nfrom society in protecting the \nenvironment? Failing to solve our environmental problems \nis not an option. No one country or group of \ncountries can do this for the whole world, \neither. We have to identify, understand, and \nwork collectively to do this. How can large organizations \ncollaborate with younger \nenvironmental activists such as \nyourself to achieve these goals? Large organizations can help and collaborate \nin a variety of ways by engaging with, \ninvesting in, and empowering young \nenvironmental activists. Young people are \ntaking the initiative to address climate \nchange, from volunteering to raising \nfunds for environmental initiatives. We \nneed support to develop a climate action \nframework and a green economy. Large \norganizations must work with governments \nto support youth innovations to combat \nclimate change through grants and capital or \nzero-interest loans to scale solutions quickly. If you had a superpower to change \nthe way things are today, which \nwould you choose?"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 51b93373-a475-41d8-8ed1-564068fbb7a0
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 150, "chroma:document": "I would like the power to turn people who \ncut down trees and pollute soil, water, \nand air into rock statues! Deforestation \nand air pollution are the two most serious \nenvironmental issues of the 21st century. Deforestation is happening on a large scale \nto produce palm oil and cocoa. The land is \nsprayed with gallons of weed killer, which \npermanently damages the soil."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1c4ddef7-3f06-4496-ad26-61350ad12345
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 150, "chroma:document": "Air, be it on \nEarth or in space, is being polluted to the \npoint that clean air may one day go extinct!"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: de08f44c-8d6d-4233-a254-eb7cb805125d
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 150, "chroma:document": "We have become the most careless people \nthe Earth has ever seen. Voice of Gen Next\n151\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nScience can\u2019t solve \nall the problems \nhumanity has \ncreated; some we \nwill have to resolve \nfor ourselves \nthrough changes to \nour behavior.\"\nLarge organizations \ncan help and \ncollaborate in a \nvariety of ways \nby engaging with, \ninvesting in, and \nempowering young \nenvironmental \nactivists.\""}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 20bcfe8b-4183-4241-8ce7-e6332d1944de
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 151, "chroma:document": "RAHMINA \nPAULLETE\nClimate activist at Fridays For \nFuture International,\nFounder of Kisumu \nEnvironmental Champs, Kenya\nRahmina Paullete is a Kenyan teen \nclimate activist and a speaker at COP. She is involved with Fridays for Future \nMAPA (Most Affected People and \nAreas), which provides a platform to \nthose most affected by the climate \ncrisis."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 126598b8-5942-44d9-889b-345ac18b8736
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 151, "chroma:document": "She is the head campaigner \nfor #LetLakeVictoriaBreatheAgain, \nwhich advocates for the restoration \nof Lake Victoria, one of the African \nGreat Lakes. She is the founder of \nKisumu Environmental Champions, for \nenvironmental, wildlife conservation, \nand climate change advocacy. She \nhas won many awards since 2016, \nincluding the Green Kids Award, 2018; \nEnvironmental Ambassador Kisumu \nCounty, 2018; and the Eco Warrior \nTourism Change Maker Award, 2019;  \nAfrica Kids Awards 2021; ICPAC Climate \nAction Awards East Africa by IGAD, \n2021 among a host of others. She is \nbased in Kisumu, Kenya. Voice of Gen Next\n152\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3c3337f2-f584-4640-a918-7957d2d9d910
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 152, "chroma:document": "You launched a campaign called \nLet Lake Victoria Breathe Again, \nto support the restoration of the \nlake's ecosystem. How did your \njourney start? (Lake Victoria is one \nof the African Great Lakes, and is \nthe world\u2019s largest tropical lake, \nspread over nearly 60,000 square \nkilometers across three countries.)\nPollution of Lake Victoria and related \nflooding have accelerated, posing many \nthreats to my community. So, I began the \nwork of restoring Nam Lolwe [the name of \nthe lake in the local Dholuo dialect), the lake \nthat my ancestors grew up with. You are also a part of Fridays \nfor Future; what impact did you \nwant to make as a member of the \ngroup?"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3c74a52a-dea8-4ea3-a9dc-2cc3fefbe02b
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 152, "chroma:document": "Being part of Fridays for Future has allowed \nme to amplify my knowledge of the critical \nproblems caused by the climate crisis \nPOLLUTION OF LAKE \nVICTORIA AND RELATED \nFLOODING HAVE \nACCELERATED, POSING \nMANY THREATS TO MY \nCOMMUNITY. Voice of Gen Next\n153\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: cd479a4d-657f-4fd0-a76e-63def086a70d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 153, "chroma:document": "and centering on the importance of vocal \ncollectiveness for Most Affected People and \nAreas (MAPA). Which is more important to the \nsustainability effort: a shift in \nconsumer behavior or disruptive \ninnovation to create solutions/\nproducts that are sustainable by \ndesign?"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e42b1461-b059-4341-8d23-f51716a8deb1
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 153, "chroma:document": "We have no time left to decide between \nthe two."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 86a780c7-b0f1-4046-8961-6f2151c7f509
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 153, "chroma:document": "However, I guess I would slightly \nprefer solutions through innovation since \nthis would create a huge impact on existing \nglobal issues. What support do you expect \nfrom the older generation in \nprotecting the environment? It would be interesting and useful to learn \nfrom older generations, to understand how \nthey view climate change and work with \nthem towards greater sustainability. They \ncould add social weight to existing projects \nand perhaps teach us about environmental \nsolutions that have seen success in the past. How can large organizations \ncollaborate with younger \nenvironmental activists such as \nyourself? The main way is to fund younger \nenvironmental activists' work and help them \namplify their message, through access to \ncorporate media channels, for example. Voice of Gen Next\n154\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nLarge organizations \ncan help fund younger \nenvironmental \nactivists' work and \nhelp them amplify \ntheir message, through \naccess to corporate \nmedia channels, for \nexample.\""}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1798ec41-167f-4379-857d-83fc27eca790
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 154, "chroma:document": "Going forward, do you aspire \nto start any environmental \ninitiatives? Where do you see \nyourself in 10 years? I founded my organization, Kisumu \nEnvironmental Champs, back in 2020, to \nallow kids, teens, adults, and older people \nto dedicate their time to environmental \nconservation, climate activism, and wildlife \nadvocacy. In ten years, I feel like our work \non the restoration of Lake Victoria will have \nmade great progress in terms of the lake \necosystem being restored."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 471df351-5eaa-4bfc-a15f-9b41bb380aef
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 154, "chroma:document": "I also see myself \nas a policymaker on climate change and the \nenvironment."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1915dbcb-2786-440b-a24a-7e389cfaf996
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 154, "chroma:document": "If you had one superpower to \nchange the way things are today, \nwhich would you choose? I would want the power that world leaders \nhave; that is key to changing the world. It is \nunfortunate that world leaders don\u2019t seem \nto know how to use this power. Which one piece of advice would \nyou give to your peers? I would say just use your voice to advocate \nfor the planet; while it may seem like a small \ncontribution, you can make a big impact. Voice of Gen Next\n155\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nI see myself as a \npolicymaker on \nclimate change and the \nenvironment.\"\nIt is unfortunate \nthat world leaders don\u2019t \nseem to know how to \nchange the world.\"\n"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 155, "chroma:document": "From \nthe desk \nof... From the Desk of \n156\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 5720a6f9-216f-4171-9aa2-b770b3980d2c
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 156, "chroma:document": "From the Desk of \n157\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\n"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f81232a9-e1bf-496b-8026-3983434742bc
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 157, "chroma:document": "From the Desk of \n158\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nCOP28: BUILDING \nMOMENTUM FOR \nCORPORATE CLIMATE \nACCOUNTABILITY\nOvais Sarmad,  \nDeputy Executive Secretary \nUnited Nations Framework \nConvention on Climate Change \n(UNFCCC)\nOvais Sarmad is Deputy Executive Secretary of the \nUnited Nations Framework Convention on Climate Change \n(UNFCCC). Mr."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2d5dc758-ac0e-4a7c-b555-a4724d7702fe
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 157, "chroma:document": "Sarmad advises the Executive Secretary on \na range of issues relating to intergovernmental affairs and \nstrategic planning of the UNFCCC process. He provides \noversight of the operations of the UNFCCC, covering \nhuman and financial resources, as well as organizational \ndevelopment. Prior to taking up his post at the UNFCCC, \nMr. Sarmad held several senior posts at the International \nOrganization for Migration for over 27 years. He is \nbased in Germany."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 28d72d1b-dde9-4eb2-bf10-005362440b44
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 158, "chroma:document": "IF YOU CANNOT SET A \nCREDIBLE COURSE \nFOR NET ZERO, \nWITH 2025 AND 2030 \nTARGETS COVERING \nALL YOUR OPERATIONS, \nYOU SHOULD NOT BE \nIN BUSINESS. From the Desk of \n159\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nI\nn a speech to the UN General Assembly in February 2023, Secretary-\nGeneral Ant\u00f3nio Guterres made a stark declaration: \u201cIf you cannot set a \ncredible course for net zero, with 2025 and \n2030 targets covering all your operations, \nyou should not be in business.\u201d1 \nEvery fraction of a degree of global warming \nresults in loss of life and livelihoods. In 2015, \nwith the near-universal recognition of the \nParis Agreement, world leaders agreed to \ntake steps to limit global warming to no \nmore than 2\u00b0C, with a strong preference for \nimposing a limit of 1.5\u00b0C. However, we have \nalready passed 1.1\u00b0C and the trajectory, \nbased on the current level of greenhouse-gas (GHG) emissions, poses \ndanger to lives, livelihoods, and nature, a reality already beginning to be \nexperienced around the world."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d09b31cd-1dd8-4e29-9a88-7f5d52bf7885
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 158, "chroma:document": "We are in a critical decade. Climate action must reduce GHG emissions \nby 45%,2 while also progressing towards the targets of UN Sustainable \nDevelopment Goals 3 by 2030. In recent years, there has been growing \nTime for climate action\nEvery fraction of \na degree of global \nwarming results \nin loss of life and \nlivelihoods.\""}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b8af534c-b8b3-42fb-95aa-e93434ab73e9
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 159, "chroma:document": "From the Desk of \n160\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nrecognition of the need for sustainability in both work practices and general \nliving, accompanying a shift in global attitudes towards the environment. This has provided a significant push towards the incipient mega-trend of \ndriving systems transformation across society and business. This phenomenon has spread, especially during the last two years, in \nparticular owing to mounting geopolitical tensions and the COVID-19 \npandemic, which have acted as significant disruptors of business. Multinationals worldwide are now typically climate-aware, with 64% of \nexecutives globally saying sustainability is part of their leadership agenda.4  \nAs Larry Fink\u2019s annual letter to corporate CEOs and investors in his company, \nBlackrock, said in 2022: \u201cWe have seen a tectonic shift of capital. Sustainable \ninvestments have now reached $4 trillion. Every company and every industry \nwill be transformed by the transition to a net-zero world.\u201d5 \nWe have seen a \ntectonic shift of \ncapital. Sustainable \ninvestments have now \nreached $4 trillion. Every company and \nevery industry will be \ntransformed by the \ntransition to a net-\nzero world.\"\n1 https://www.un.org/sg/en/content/sg/statement/2023-02-06/secretary-generals-briefing-the-\ngeneral-assembly-priorities-for-2023-scroll-down-for-bilingual-delivered-all-english-and-all-french-\nversions?_gl=1*1i5syt3*_ga*MTg0ODA3NzcyOS4xNjQ2NDAzNDg0*_ga_\nTK9BQL5X7Z*MTY3NTkzMzgxMy4xLjEuMTY3NTkzMzgyMC4wLjAuMA (last retrieved on February \n10, 2023). 2 In line with the temperature goals of the Paris Agreement: https://unfccc.int/sites/default/files/\nenglish_paris_agreement.pdf (last retrieved on 10th February 2023)."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 95797b25-0dfe-41b3-b7bd-9761728c691c
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 159, "chroma:document": "3 https://www.un.org/development/desa/jpo/wp-content/uploads/sites/55/2017/02/2030-Agenda-for-\nSustainable-Development-KCSD-Primer-new.pdf (last retrieved on 10 February 2023). 4 Capgemini Research Institute, \u201cA world in balance,\u201d 2022. 5 https://www.blackrock.com/corporate/investor-relations/larry-fink-ceo-letter (last retrieved on 10 \nFebruary 2023)."}


created_at: 2025-04-28 00:40:29
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created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 160, "chroma:document": "From the Desk of \n161\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nCOP27, held in Sharm El-Sheikh, Egypt, on \n6th\u201318th November 2022, and presided \nover by the Egyptian government, brought \ntogether over 45,000 participants to share \nideas and innovative solutions, and to build \npartnerships and coalitions towards the \nimplementation of the Paris Agreement \noperationalization agreed upon at COP26 \nin Glasgow in 2021. Representatives of \nbusinesses, indigenous people, local \ncommunities, cities, and civil society, \nincluding young people, showcased the ways \nin which they are addressing climate change \nand shared their experiences of how these \nefforts are impacting both their lives and \ntheir communities."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 160, "chroma:document": "Learnings from COP27\nFor many, particularly Millennials and Gen Z, environment, social, and \ngovernance (ESG) considerations have become increasingly important \nwhen evaluating the impact of organizations worldwide. Today, clients and \nstakeholders take a different perspective to the traditional financially driven \nconsiderations, focusing on the long-term purpose of an organization and \nensuring its net-positive effect in terms of sustainable development. Public climate-action protests around the world, frequently spearheaded by \nthe younger generation, are another source of disruption that is building in \npotency. Movements such as Fridays for Future, Extinction Rebellion, and \nLast Generation are calling urgently for climate action and sustainable living \nand embody the growing social drive towards public- and private-sector \naccountability. The growing momentum of such movements has been in evidence at the \nannual UNFCCC Conference of the Parties (COP) over the past seven years \n(since the adoption of the Paris Agreement in 2015). Rising numbers of \ndelegates from businesses, NGOs, and civil organizations are testament \nto this, as is the rising value of financial pledges in the Glasgow Financial \nAlliance for Net Zero (GFANZ)6 and the swelling number of partners in the \nUN Race to Zero  campaign.7 \n6   https://www.gfanzero.com/ (last retrieved on February 10, 2023). 7   https://unfccc.int/climate-action/race-to-zero-campaign (last retrieved on 10 February 2023)."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 161, "chroma:document": "From the Desk of \n162\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nThe Sharm el-Sheikh Implementation Plan8 estimates the expected annual \nfinancial requirements of a global transformation towards a low-carbon \neconomy at $4-$6 trillion a year. If apportioned with forethought, this \ninvestment could generate significant returns, both financially and in \nterms of contributing to sustainable development."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 4463909b-c8a0-4f0c-aa76-f3b5b8b9702e
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 161, "chroma:document": "Delivering such funding \nwill require a swift and comprehensive structural transformation of the \nfinancial system and engaging governments, central and commercial banks, \ninstitutional investors, and other financial actors. At COP27, much was said about the compelling need for transparency \nand accountability in relation to climate action taken in the private sector, \nspecifically in the context of the drive towards carbon neutrality. The \nUN Secretary-General\u2019s High-Level Expert Group on Net-Zero Emissions \nCommitments of Non-State Entities released a report9 at COP27 that \nillustrates the need to develop stronger and clearer standards for net zero \nemission pledges by businesses and to create stricter, monitored programs \nfor their implementation. The Secretary-General invited non-state actors to \nput forward credible and transparent transition plans in time for \nCOP28 in 2023 as a key milestone towards the emissions-reduction global \nplan for 2030. The Sharm el-Sheikh \nImplementation \nPlan estimates \nthe expected \nannual financial \nrequirements \nof a global \ntransformation \ntowards a low-\ncarbon economy at \n$4-$6 trillion a year.\"\n8 https://unfccc.int/documents/624444 (last retrieved on 10 February 2023). 9 https://www.un.org/sites/un2.un.org/files/high-level_expert_group_n7b.pdf (last retrieved on 10 \nFebruary 2023)."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6b4921d9-0316-4527-af3c-111c740d1faa
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 162, "chroma:document": "From the Desk of \n163\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nAnother important outcome of COP27 \nwas the establishment of a new dedicated \nFund for Loss and Damage to assist \ndeveloping countries in coping with \nthe consequences of climate change. A transitional committee has been \nestablished to make recommendations on \noperationalization of the fund at COP28. COP27 also saw significant progress on \nthe Global Goal on Adaptation, which will \nconclude at COP28 and inform the first \nglobal stocktake of progress towards \nthe goals set out in the Paris Agreement, \nimproving resilience among the most \nvulnerable countries. New pledges, \ntotaling more than $230 million, were \nmade to the Adaptation Fund at COP27. Governments cannot, on their own, \nimplement this transformation across \nbusiness and society."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 83e98ba9-70c5-4a9f-951d-fd35101d940b
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 162, "chroma:document": "Multilateralism is the \nkey to finding an inclusive and effective \nway forward. Inclusive multilateralism \nmeans involving non-state actors, including \nbusinesses, NGOs, academics, young \npeople, and civil society in general, to play \nan active role in the journey to carbon \nneutrality and sustainable living. This \nopportunity for regulatory support and \ngovernmental cooperation represents \nan opportunity for the corporate world \nto put climate accountability at the core \nof revised business strategies."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6acf90c0-8e03-434b-a2c0-db31df20106c
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 162, "chroma:document": "Through \ninclusive, multilateral collaboration, we \ncan achieve the systemic transformation \nnecessary for a sustainable future. The Secretary-\nGeneral invited non-\nstate actors to put \nforward credible and \ntransparent transition \nplans in time for \nCOP28 in 2023 as a key \nmilestone towards the \nemissions-reduction \nglobal plan for 2030.\"\n"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 33f3e825-4261-4e57-bf2e-56e2e79dc452
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 163, "chroma:document": "\"Inclusive multilateralism \nmeans involving \nnon-state actors, including \nbusinesses, NGOs, \nacademics, young people, \nand civil society \nin general, to play an \nactive role in the journey \nto carbon neutrality.\"\nFrom the Desk of \n164\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nLooking forward to COP28\nThe upcoming COP28, to be held in Dubai, UAE, in November and December \n2023, must see significant progress in addressing the climate crisis. The \nfirst global stocktake of the Paris Agreement10 will independently evaluate \nboth the progress made by governments and the adequacy of the goals set."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 45cdfb67-da4d-4379-9236-4f0323fe4560
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 163, "chroma:document": "As well as resetting the agenda for action on climate change, it will offer \nbusinesses the opportunity to showcase their sustainability and climate \nactions and demonstrate how they are accelerating the transition to a green \nbusiness model. The New Collective Quantified Goal on Climate Finance (NCQG) is expected \nto see real progress ahead of 2025, especially at COP28, in terms of \nmeaningful mitigation and greater transparency of implementation plans. Developed countries have agreed to set an NCQG from a floor of $100 billion \nper year, considering the needs and priorities of developing countries. 10  https://unfccc.int/news/global-stocktake-is-about-ambition-accountability-and-acceleration (last \nretrieved on 10 February 2023)."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b14b6406-8a77-490b-a747-b34f7ff43497
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 164, "chroma:document": "From the Desk of \n165\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nThe operationalization of the Loss and Damage Fund represents another key \nelement of COP28 in the UAE and will consequently provide clarity on which \ncountries will be contributing to the fund and who will be eligible to \nbenefit from it. In a nutshell, we are in a race against time to limit global warming by \navoiding a global temperature rise in excess of 1.5\u00b0C \u2013 to preserve our \nnatural resources, and to preserve our livelihoods in all parts of the world, \nespecially those regions that are on the front line in terms of battling severe \nclimate impacts."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 75e16976-7e25-4e8c-865d-0201f5372f84
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 164, "chroma:document": "There is hope. Global warming can still be limited. Young people are pushing \nfor urgent climate action, and we are already seeing positive developments, \nsuch as the expansion of renewable-energy production and use, a shift \ntowards the circular economy, and increased sustainability awareness \nand climate literacy, to name just a few examples. But, for this vision to \nbecome reality, businesses must put the environment and sustainability \nfront and center in their planning and actions. The time for corporate \nclimate accountability is now. Sustainable systems transformation cannot be \nachieved if we don\u2019t pull together. All of us have the means to advocate and \npush for climate action and carbon neutrality in our spheres of influence. Our future will be the sum of the decisions we make today, individually and \ncollectively. It can be and it must be done!"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 165, "chroma:document": "Perspectives from Capgemini\n166\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nPerspectives \nfrom\nCapgemini"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 166, "chroma:document": "Perspectives from Capgemini\n167\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nALIGNING \nLEADERSHIP WITH \nSUSTAINABILITY\nElisa Farri, Vice President and Co-lead of \nCapgemini Invent\u2019s Management Lab\nGabriele Rosani, Director of Content \nand Research at Capgemini Invent\u2019s \nManagement Lab\nP. 190\nSOLVING THE \nSUSTAINABILITY \nEQUATION\nPascal Brier, Group Chief Innovation Officer \nand member of the Group Executive \nCommittee\nP."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 166, "chroma:document": "178\nWHY CLIMATE \nTECH IS PIVOTAL \nTO ACHIEVING \nA SUSTAINABLE \nPLANET\nCyril Garcia, Head of Global Sustainability \nServices and Corporate Responsibility, \nCapgemini\nFlorent Andrillon, Climate Tech global \nlead, Capgemini  \nP. 168\n"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 167, "chroma:document": "Cyril Garcia was appointed Global \nSustainability Services and Corporate \nResponsibility Head on January 1st, 2023. He is responsible for the integration of \nsustainability across Capgemini\u2019s portfolio of \nclient services, as well as driving the Group\u2019s \nown sustainability agenda. Cyril is also \nresponsible for Capgemini\u2019s Corporate Social \nResponsibility activity. Cyril has \nbeen a member of the Group Executive \nBoard since 2018. Cyril Garcia \nHead of Global Sustainability \nServices and Corporate \nResponsibility, Capgemini\nFlorent leads in bolstering the Cleantech \nbusiness development with all sustainability \nteams across the Group and he has more \nthan 20 years of experience in the energy \nand utilities sector, helping clients to achieve \ntheir sustainability goals and transition to a \nlow-carbon economy. He has a strong focus \non the energy, resources and cleantech \nmarket, as well as on sustainability, climate \nand energy transition issues."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 167, "chroma:document": "He leverages \nthe capabilities of the Capgemini and its \nexternal partners to deliver innovative and \nimpactful solutions. Florent Andrillon\nClimate Tech global lead, \nCapgemini\nPerspectives from Capgemini\n168\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 169, "chroma:document": "W\ne have less than seven years to \nhalve global greenhouse gas \n(GHG) emissions and reduce \nmethane emissions by a third if we are to \nlimit global warming to 1.5\u00b0C.1 To get there \nby 2030, we need to go beyond incremental \ninnovations and behavior change. We must \nmake systemic changes in technologies, \ninstitutions, and practices on a huge scale."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 169, "chroma:document": "We need a new industrial revolution. Climate Tech players are tackling the \nchallenge from multiple angles. They are \nworking to: \n\u2022 Reduce CO2 in the atmosphere with \nrenewable energy sources such as wind \nand solar, energy-efficient building and \ntransportation, and carbon capture/\nstorage technologies. \u2022 Help us adapt to climate change through, \nfor example, sea-level-rise protection and \ndrought resistant crops."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1ad629be-fbee-4a69-a99b-a118f0172e01
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 169, "chroma:document": "\u2022 Reduce agriculture\u2019s impact on \necosystems through efficient irrigation \nand precision agriculture technologies. Synthetic biology also has an important role \nto play in the climate transition, whether \nby reducing emissions through circular \nmanufacturing, using bacteria to reduce \nplastic pollution, or the sequestering \nPerspectives from Capgemini\n170\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nThe Climate Tech landscape\nCLIMATE TECH, \nTOWARDS A LOW-\nCARBON INDUSTRIAL \nREVOLUTION \n1 Intergovernmental Panel on Climate Change (IPCC). We need systemic \nchanges in \ntechnologies, \ninstitutions and \npractices at a scale \ncomparable with the \nones experienced \nin past industrial \nrevolutions.\" \n"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1eb06845-6f14-4223-b492-7a0042e33aac
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 170, "chroma:document": "carbon through soil, oceanic, lithospheric, or anthropogenic sinks. And \nwhen it comes to hard-to-abate industries, clean hydrogen will help reduce \nemissions, potentially reshuffling the global industrial landscape. While most of the technologies we need to reduce emissions for the 2030 \ntarget are already available, the path to 2050 relies on newer technologies, \nparticularly in sectors that are hard to decarbonize, such as heavy industry \nand long-distance transport. To help unleash these technologies and make \nthem more cost-competitive, we must compress the traditional 25-year \ninnovation cycles and accelerate development."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 170, "chroma:document": "This would have financial as \nwell as ecological advantages."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9d25d855-dc0c-4514-83a6-f6fc8143480e
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 170, "chroma:document": "An Oxford University research team2 found \nthat the faster the transition, the greater the saving (at least US$12 trillion \ncompared to continuing our current levels of fossil fuel use), as a result \nof the potentially enormous decline in costs that comes with technology \nlearning. Perspectives from Capgemini\n171\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nThe rise of Climate Tech \nBetween 2010 and 2022, the number of Climate Tech firms worldwide rose by \nover 400% to 44,595. In 2021, Climate Tech companies raised around US$111 \nbillion \u2013 more than enterprise software (US$104 billion) and only just behind \nHealthTech and FinTech (US$ 119 billion and US$129 billion, respectively).3  \nWhile integrating most climate technologies into existing infrastructure, \nhardware, software, and operational systems may be complicated, there are \nreasons to be optimistic. \"Synthetic biology \nhas an important role to play in \nthis climate transition.\"\n2 Empirically grounded technology forecasts and the energy transition, University of Oxford \nhttps://www.cell.com/joule/fulltext/S2542-4351(22)00410-X \n3 Tech Nation, Climate Tech Report 2022, November 2022."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 171, "chroma:document": "SINCE 2010, THE \nNUMBER OF \nCLIMATE TECH FIRMS \nWORLDWIDE HAS RISEN \nBY OVER 400%. Perspectives from Capgemini\n172\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nFactors helping climate technologies move into the mainstream include:\n\u2022 Affordability: The learning rate for clean technologies to date suggests \nthey can deliver the necessary advances and cost reductions to reach \nparity with incumbent alternatives. \u2022 Attractiveness: Pledges from large organizations to decarbonize \ntheir operations and product lines in the effort to reach net zero give \nconfidence to entrepreneurs and backers that there will be strong \ndemand for new technologies."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 171, "chroma:document": "\u2022 Availability of 'green money:\u2019 There is a notable rise in investments \nearmarked for sustainability and environmental, social, and corporate \ngovernance (ESG) objectives. "}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 60640a52-1468-41af-8227-4505df352a7b
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 172, "chroma:document": "Perspectives from Capgemini\n173\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nSource: SVB, \"The Future of Climate Tech\", 2022\nFigure 1: Hype curve of select climate technologies\nCCU S\nE xpectations\nP recision A gricul ture\nGreen Hydrogen\nV ertical  Fa rming\nA l ternative P rot eins\nA l ternative P ackag ing\nSu ppl y Chain \nand  L og istics\nSm art G rid\nCarb on \nMa rk ets\nSy nthetic \nB iof uel s \nWa ve/ Tid al  P ower\nB attery St or age ( L I)  \nA d vanced  N ucl ear\nD emand  Respons e\nSol ar P V\nEVs\nCar/ Rid e -\nSha ring Wind\nCl imate Fintec h\nInnov ation  Tr igger P eak E xpectations D isillu sionme nt Sl op e of  E nl ightenment P l ateau of  P rod uctivity\nWa ste to Fu el\nFu el  Cell \nStat iona ry \nP ower\nFu el  Cell E V s\nB attery \nRecycl ing\nB iot ech \nA gricul ture \nInputs\nSA FS P l ateau w ill b e reached in:\n0 \u20132  years\n2 \u20135  years\n5 \u201310 years\nMor e than 10 years\nReaching the Plateau\nThis  is w hen mainstream \nad op tion  of  the technol og y \nstarts. Assoc iated  risks  are \nred uced and  b ene/f_it  f rom  the \ntechnol og y is b roa d l y accepted ."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c535ad37-45b1-490e-b51e-1cba622582a8
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 172, "chroma:document": "Ma rk et share grow s."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 50723771-6ef6-4367-a54d-e444c017c702
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 172, "chroma:document": "The next challenge is scaling new technologies at an unprecedented speed, \nfor which more substantive work, more public support, and more investment \nare urgently required. The UN estimates that global transformation to a low-\ncarbon economy will require at least US$4\u20136 trillion a year until 2030.4  \nThere has been important progress in 2021/22, including in R&D in key areas \nsuch as low-carbon hydrogen-based steelmaking, small modular nuclear \nreactors, and lithium-free batteries. \u2022 Policy support: Governments are lending strong fiscal support to low-\ncarbon innovation and related infrastructure. A combination of these enabling factors and growing interest in green \ntechnologies means that many major climate technologies are now getting \ncloser to their \u2018tipping point\u2019 (the point at which they attain mainstream \nadoption). See Figure 1. The need to scale up at speed\n4  UN \u2013 COP27, Sharm el-Sheikh Implementation Plan, November 2022"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 895efbea-fccd-4e92-8502-69ea51210333
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 173, "chroma:document": "Perspectives from Capgemini\n174\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nGovernments globally are now actively supporting the industrialization and \ndeployment of impactful climate technologies, with an increasing focus on:\n \n\u2022 heavy industry\n\u2022 green hydrogen\n\u2022 batteries\n\u2022 sustainable fuels\n\u2022 carbon capture, usage and \nstorage (CCUS)\n\u2022 and other critical energy \ntechnologies. In the United States, for \ninstance, the combined Inflation Reduction Act (IRA) and Infrastructure \nInvestment and Jobs Act provides ~US$470B in new energy and climate \nfunding over 10 years."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: fe91e196-7c85-4f3e-b1ba-389a863cf398
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 173, "chroma:document": "This is more than 3 times the Marshall plan, which \nprovided over $130 billion (in 2020 dollars) in economic aid to European \ncountries between 1948 and 1951. And this trend is global: the European \nUnion has the Net Zero Industry Act and Critical Raw Materials Act; Japan \nhas a Green Innovation Fund; and China has set strong climate target and \ninvestment priorities in its 14th Five-Year Plan. The race to \nnet zero has begun, \nand climate tech is at \nits core.\" \n\"Climate technologies will reshuffle the \nboundaries between industries \nand open new frontiers for innovation \nand growth.\" \nThe opportunities ahead\nThe race to net zero has begun, with Climate Tech at its core. Those countries \nthat take the lead in speeding up the development of clean technologies \ncould reap considerable economic benefits, including significant job creation. Climate technologies will reshape and in many cases remove the boundaries "}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e36cea03-4814-477c-bedd-f0159fe62675
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 174, "chroma:document": "Perspectives from Capgemini\n175\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nClimate change is, \ninherently, a hardware \nproblem which \nnecessitates large \ninfrastructure projects \nthat transform how our \neconomy operates.\" \nbetween industries and open new frontiers for innovation and growth. Climate Tech is set to transform the way we interact with the world more \nprofoundly and on a larger scale than the digital revolution. Most businesses will need to integrate new climate technologies into \ntheir operations to decarbonize and reduce their environmental impact. This brings with it an incredible range of opportunities for innovation. For \nexample:\n\u2022 With wider use and distribution of solar, landowning businesses such as \nretailers could become power providers, or use this renewable energy to \ncharge electric trucks. \u2022 CO2 captured from an industrial process (e.g."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 91e41fc0-e7a1-49e2-98e3-0b6294b778f6
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 174, "chroma:document": "at a cement plant) could \nbecome a tradeable byproduct for use in a clean fuel refinery. \u2022 Similarly, carbon removal technologies like biochar are used for CO2 \noffsetting, but have the valuable side-effect of enriching agricultural soil. \u2022 Shipping companies or airlines looking to secure their supply of clean \nfuels could move up the value chain and produce the green hydrogen \nthemselves. Intelligent Industry can be a great lever to accelerate the deployment of \nclimate technologies."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f1e2a685-3a50-4c86-a751-fa429cf544b5
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 174, "chroma:document": "Climate Tech innovation is distinct from the digital \ntransformation of recent decades. Climate change is, inherently, a hardware \nproblem \u2013 it requires large infrastructure projects to transform how our \neconomy operates. While \nsoftware has its role, and \ncan be a great facilitator \nof emissions reduction, \nhardware is essential across \nall sectors if we are to build \na sustainable and habitable \nsociety. Intelligent Industry \ncan provide innovative \nways to ramp up climate \ntechnologies. Better data \nand improved application, \nfor example, mean more \nThe need for \u2018intelligent industry\u2019 "}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6aa97a0a-0ad3-44c4-8811-9f2669e2c287
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 175, "chroma:document": "Perspectives from Capgemini\n176\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nproductive use of fewer resources; such as \nenergy and raw materials, less scrap, and \na genuine end-to-end product lifecycle. It helps in simulating and understanding \nthe full impact of a product\u2019s impact \nthrough its usage, as well as its design, \nmanufacture, transportation, and end of \nlife."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 98bcbe7b-96af-4ec8-8fbe-c59fb877f6f3
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 175, "chroma:document": "Digitization also has an important role: \n, revealing current blind spots through a \ncomprehensive analysis. Digital twins of wind projects, for \nexample, make deployment easier, faster, \nsafer, and more cost effective. Likewise, \nVirtual Validation, Generative Design, \nand AIDevOps can all help the renewable \nenergy industry break technological and \nperformance barriers. In the fight against global warming, \nindustrial automation and smart \nindustries are critical. Digital technology \ncan help climate tech players and leaders \nin decarbonization replace dirty and high-\nemitting manufacturing processes with \nmore resource-efficient and environmentally \nfriendly ones. Automation, robots, 3D \nprinting, virtualization, and other Industry \n4.0 technologies can dramatically enhance \nefficiency and economics. Climate Tech offers incredible opportunities \nfor engineers, data scientists, and business \ninnovators."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3e37cb2b-4bee-4ad1-a65c-86666fc61ef6
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 175, "chroma:document": "We need to upskill and mobilize \nthem to work on these challenges now to \nensure our future. The transition to a low-carbon economy is \nas big as the Industrial Revolution, but we \nneed to deliver it at the pace of the Digital \nRevolution. Let\u2019s act now!"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 08c60389-e43e-4af6-a143-9c7dec1a3dbe
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 176, "chroma:document": "Perspectives from Capgemini\n177\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\n\"The transition to a low carbon \neconomy is as big as the \nIndustrial Revolution, but we \nneed to deliver it at the pace of \nthe Digital Revolution.\" "}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 64079524-eda0-4343-bbea-8af5d2032016
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 177, "chroma:document": "Pascal Brier was appointed Group Chief Innovation \nOfficer and member of the Group Executive \nCommittee in 2021. Previously, and starting in 2005, \nPascal was a member of the Executive Committee \nof the Altran Group. Since September 2018, he \nwas Executive Vice-President of the Altran Group \nin charge of Strategy, Technology, and Innovation, \nbased in the Silicon Valley. In this position, he drove \nGroup strategy, the portfolio of offers, marketing, \nand service lines, as well as the implementation \nof the research and innovation roadmap and \nthe Group\u2019s high-value-added activities (Altran \nNextCore)."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 17267df1-d517-436c-8ecd-2aa011172409
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 177, "chroma:document": "Prior to this, he was Executive Vice \nPresident in charge of Altran\u2019s global accounts and \nbusiness development for the Group. Pascal Brier \nGroup Chief Innovation \nOfficer and member \nof the Group Executive \nCommittee\nPerspectives from Capgemini\n178\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: edc4149f-b8e8-4662-b001-3ca429de992c
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 178, "chroma:document": "INCREMENTAL \nAND \nDISRUPTIVE \nINNOVATION IS \nTHE ROUTE TO \nSURVIVAL\nPerspectives from Capgemini\n179\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b2247921-e96e-4bed-8b16-bd57ba9f18a8
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 179, "chroma:document": "T\nhe struggle for sustainability is a game \nwith high stakes. Global targets to \nreduce carbon emissions are being \nset against the backdrop of a fast-growing \nglobal population and untenable pressure \non our finite natural resources. We believe \nthe only answer to this seemingly impossible \nequation is to innovate. Let\u2019s consider the equation in more detail, \nbeginning with carbon-reduction targets. To limit global warming to no more than \n2\u00b0C \u2013 and avert the worst impacts of climate \nchange, as called for in the Paris Agreement \n\u2013 global greenhouse-gas emissions would \nneed to be cut by 45% by 2030 and reach net \nzero by 2050.1 \nLet\u2019s also consider in parallel population \nand economic growth. Fifty years ago, there \nwere just under 4 billion people on the \nplanet; since then, that figure has doubled \nto more than eight billion. The UN predicts \nthe global population could rise to close to \n10 billion by 2050.2 Combine this with the \nrapid growth of developing economies and \naspirations of improved standards of living \nacross the globe and, by 2050, we may need \n40% more water and energy to sustain \nourselves. Finally, let\u2019s consider our resources."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 5bc17b13-a2ba-45f4-b842-a27ae645f9d0
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 179, "chroma:document": "Fossil \nfuels \u2013 including coal, oil, and natural gas \u2013 \ncurrently supply about 80% of the world\u2019s \nenergy needs. However, these resources \nare finite and nearing exhaustion: we have \nalready passed peak oil and coal, and peak \ngas is on the horizon."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c64a947d-7951-424c-b795-82f5ca86a1ac
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 179, "chroma:document": "In addition, their \ndetrimental effect on the environment and \nour own health is well documented. Perspectives from Capgemini\n180\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\n1 https://www.un.org/en/climatechange/net-zero-coalition \n2  https://www.un.org/en/global-issues/population "}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 4e17d77c-40b6-402b-8e2a-94fb6e6ca9b5
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 180, "chroma:document": "Combine these factors and the complexity \nof the equation is alarming: \nHow can we produce sufficient \nenergy to support 10 billion \npeople, while also slashing carbon \nemissions, all as macro-economic \nchaos rages around us, arising \nfrom pandemics, geopolitical \ntensions, and other, as yet \nunknown, exogenous shocks? In short, we are in a climate and energy \nemergency."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 789c0153-360d-42b2-8ec3-e44f788b9cfd
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 180, "chroma:document": "We are all the time asking more \nof a planet that will soon have no more to \ngive. To solve the equation, we believe there \nis only one solution, consisting of two \ninterdependent approaches: frugality and \ninnovation. Perspectives from Capgemini\n181\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\n\"We are all the time \nasking more of a planet \nthat will soon have no \nmore to give.\""}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3a399870-996c-415c-8a84-a70832be1d70
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 181, "chroma:document": "Perspectives from Capgemini\n182\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nThe energy transition: aiming for \nresponsible frugality\nFrugality boils down to a global commitment \nto an economy of both production and \nconsumption. The first level of frugality \u2013 which I would \ndescribe as \u201cresponsible frugality\u201d - means \nchoosing to do things differently."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f6788779-f41c-4547-a880-3bdf3a59fd26
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 181, "chroma:document": "This kind \nof frugality halts unnecessary waste and \nemissions, but allows for the continuation \nof everyday activity, albeit in a more \nsustainable manner. For example, individuals will still be able to \ndrive a private car, but car manufacturing \nwould be systematically optimized to \nrequire fewer natural resources. We would \nbuild cars using lighter materials; maximize \nrecycling in the manufacturing process; \nreplace road-supply chains with more \nefficient rail and shipping infrastructure; \nencourage car dealers to reduce their \nenergy and water use; and actively develop \nalternatives to individual ownership. With \nResponsible \nfrugality means \nchoosing to do \nthings differently. This kind of frugality \nhalts unnecessary \nwaste and emissions, \nbut allows for the \ncontinuation of \neveryday activity, \nalbeit in a more \nsustainable manner.\" \n"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e9d7f585-1b18-48b4-aa0d-dbae38c9c785
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 182, "chroma:document": "Perspectives from Capgemini\n183\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nresponsible frugality, it should still be \npossible to enjoy motoring without causing \ndevastation to the environment. However, getting to this point involves major \nchallenges, whether that\u2019s encouraging \nbehavioral changes, setting regulations, or \nevolving economic imperatives."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d6347924-9efc-42d4-b3fd-dee4737bafe1
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 182, "chroma:document": "Moreover, \nas populations rise and finite resources \ndwindle, moderate frugality of this nature \nis unlikely to be enough to maintain \nequilibrium. Full frugality would involve a \nradical change to our current way of life: no \nair travel, no devices, no concrete, no meat \u2013 \nand that\u2019s just the start. However, such an austere approach is \nboth unfair and fundamentally unrealistic."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 25af77bb-94e2-4bf9-8832-e44f24ba0718
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 182, "chroma:document": "It is unfair to expect developing \ncountries, who have done comparatively little to contribute to the current \nclimate-related issues, to give up on their dreams of economic prosperity. The developed world has long been accustomed to a consumerist lifestyle \nand, understandably, the developing world wants to experience the benefits \nof that as well. Equally, citizens in developed economies will not take kindly \nto being asked to degrade their lifestyles precipitously. It is not realistic \nto ask people to give up all their personal comforts and aspirations, for \nthemselves or for posterity. Full frugality would \ninvolve a radical \nchange to our \ncurrent way of life: \nno air travel, no \ndevices, no concrete, \nno meat \u2013 and that\u2019s \njust the start.\" \n\"It is unfair to expect developing \ncountries, who have done \ncomparatively little to contribute \nto the current climate-related \nissues, to give up on their dreams of \neconomic prosperity. \""}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 66fe6ac3-f589-466c-bbd8-9ee5e860b317
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 183, "chroma:document": "PINNING ALL OUR \nHOPES ON FRUGALITY \nGOES AGAINST HUMAN \nNATURE. Perspectives from Capgemini\n184\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nSo, while there is much to be said for the frugal route, pinning all our \nhopes on frugality goes against human nature. The notion that we can put \na hard break on established patterns of behavior is both unrealistic and \ncounterproductive, leading people to believe there is no longer anything \nworth fighting for."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9d899903-11d6-4b81-92d7-224b82c8d07e
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 183, "chroma:document": "This is where innovation comes to the fore."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 83820b63-35cd-4121-ba3d-1e9984b087b0
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 183, "chroma:document": "Essentially, the more we are innovative, the less frugal we will have to be. By investing in innovation now, we can develop an answer to the intractable \nequation of a fast-growing global population balanced against finite natural \nresources, and an increasingly jeopardized overall climate balance. Changing the world for the better \nThis innovative route will include both incremental and disruptive paths. Incremental innovation involves a concerted effort to reduce energy \nconsumption and carbon emissions in both production and consumption, \ntargeting true efficiency from the design phase onward. This is valid for \nall industries; all companies should be cognizant of their current emissions \n(scope 1 to 3) and energy consumption. It is the responsibility of all business \nleaders to reduce their company\u2019s environmental footprint by improving \nproduct and service design, engineering and manufacturing processes, \nsupply chains, and \u2013 at a fundamental level \u2013 behaviors and company culture. The IT sector, for instance, which accounts for a growing 4% of total \nemissions, is full of new technologies that are deployed alongside the "}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 580db200-b32b-4264-a115-1b6c8845536a
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 184, "chroma:document": "Perspectives from Capgemini\n185\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nlegacy systems they are replacing, creating what I call a \u201ctechnical debt.\u201d As \nan example, cloud computing is often touted as a major pathway to green \nIT,  but as older systems continue to run in parallel, they will continue to do \ndamage. Here\u2019s another example: nuclear fusion promises limitless, carbon-free \nenergy."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ed0c5bd8-9ec8-4868-9c98-7f751da807ea
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 184, "chroma:document": "This disruption in power could have a life-changing impact on our \neconomies and societies. But we are a long way from unlocking the potential \nof nuclear fusion. Scientists will need to figure out how to produce energy \non a large scale. They\u2019ll also need to work out how to harvest the energy \nproduced and transfer it to the power grid as electricity. While pioneering \ndevelopments occur all the time, and while renewables such as solar and \nwind power are developing, we must also turn the lens of innovation on \nour existing technologies. For nuclear energy, this could take the form of \nbuilding smaller, modular nuclear plants that consume fewer resources, are \ncheaper and faster to build, and allow us to scale up our energy generation \nwithout adding to the climate crisis. Incremental innovation can help to transform our manufacturing chains."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d5ab1bbb-9bdc-4137-bab3-1e03fab6c6c5
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 184, "chroma:document": "Most industrial processes currently rely on traditional methods, such as \nmolding and milling, where only a fragment of the raw material is used, and \nthe rest thrown away or (less than efficiently) recycled, with a significant \nenvironmental impact. As an alternative, 3D printing offers a less wasteful \napproach, where manufacturers use 3D printers to create products using \nprecise amounts of resources with upgraded designs instead of extracting \nshapes from blocks of raw material. "}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d1606e09-9680-4302-8ca5-ca2d2745be73
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 185, "chroma:document": "Perspectives from Capgemini\n186\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nFostering disruptive innovation\nDisruptive innovation permanently changes \nthe way our societies and economies \noperate. While disruptions on the \nhorizon could help us address the climate \nemergency, there\u2019s also a series of enduring \nchallenges that we must overcome."}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c7dce073-dbfd-4393-9e0c-eeeb14949504
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 185, "chroma:document": "Take \nthe example of the transition to new energy \nsources such as wind, solar, and \u2013 notably \u2013 \nhydrogen. Green-hydrogen fuel cells would be a true \ndisruption: energy for a new generation \nof devices, emitting water vapor instead \nof greenhouse gases. Hydrogen-powered \nvehicles could reduce life-cycle CO2 \nemissions to around 60g/km, well below the \nemissions produced by even electric vehicles \n(EVs) powered by renewable electricity.3  \nGreen-hydrogen fuel \ncells would be \na true disruption: \nenergy for a new \ngeneration of devices, \nemitting water vapor \ninstead of greenhouse \ngases.\" \n3  The Week, \u201cHydrogen cars explained: fuel cells, efficiency and zero emissions\u201d, September 2021"}


created_at: 2025-04-28 00:40:29
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 126afb25-01a1-4fda-b52c-4a4e3eb42e40
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 186, "chroma:document": "Perspectives from Capgemini\n187\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nHowever, the shift to hydrogen-powered cars will require huge investment \nin research and infrastructure, whether developing and refining fuel cells or \nbuilding the gas stations to power vehicles. Also, the much-vaunted \u201cclean\u201d fuels are inherently problematic; hydrogen \nis created with electricity powered by fossil fuels."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ba7ccf8e-69e7-47b0-8a3f-36fba923060d
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 186, "chroma:document": "Many people are also \nconcerned about the combustible nature of hydrogen; understandably, no-\none wants a potentially explosive fuel cell in their car. As we create game-changing innovations, we must ensure we disrupt with \ncare. The disruptive impact of nuclear power has been limited because \npeople are afraid of something going wrong with devastating consequences. The past disasters of Chernobyl and Fukushima are still fresh in people\u2019s \nminds. Just as nuclear power became associated with a fear of impending disaster, \nhigh-profile failures could mean hydrogen struggles to gain public trust. Dealing with the climate emergency successfully will entail ensuring the \ndisruptive technologies we adopt are not hamstrung by an unfavorable \npublic perception. A natural solution\nAnother example of an innovation for which there is great hope is synthetic \nbiology, which involves the application of engineering principles to redesign \nnatural systems. Synthetic biology holds the alluring promise of replicating \nthe bounty of nature without \ndepleting natural resources."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f41c75e5-debf-4c4b-a0a7-3259997529ff
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 186, "chroma:document": "One often-cited example \nis lab-grown \u201cmeat,\u201d a \nsynthetic food source that \ncould sustain the ever-\ngrowing global population \nwithout the carbon-intensive \nfarming of animals. Forecasts \nin 2020 suggested spending \non cultivated meat could \nreach $150 billion by the end \nof this decade. Synthetic biology \nholds the alluring \npromise of replicating \nthe bounty of nature \nwithout depleting \nnatural resources.\" "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f27403bf-dcad-4ec2-8daa-f003e2ec6a41
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 187, "chroma:document": "Perspectives from Capgemini\n188\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nSynthetic biology could also give us the \nmeans to eradicate disease and bacteria and \nboost agricultural production. Nevertheless, despite these \nappetizing opportunities, \npeople retain deep-seated \nsuspicions about the \napplication of such synthetic \nproducts."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 17aef023-1a88-4d2c-af0e-8f91ed317bfd
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 187, "chroma:document": "While the technology that \ncould power disruption \ncontinues to proliferate at a \nsearing pace, the governance \nrequired to pave the way for \ninnovation is often lacking. We as a global society need \nto start thinking about this \naspect of innovation now, \nand begin to prepare for true disruption \nincrementally, so that, when it arrives with \nfull force, we are ready. Everyone has a part to play\nAll business leaders must start investigating \ncreative solutions to the climate challenges \nwe face. Sustainability is now a must-have \nobjective, not a long-term nice-to-have. Incremental innovation will be crucial, but at \nsome point, we will be required to intensify \nour activities and focus on \u201cmoon-shot\u201d \nefforts."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 269ddcdd-cb31-4f7e-a11e-3d81e8f45ede
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 187, "chroma:document": "All organizations can play a role in \nthis. Enterprises in the automotive and \naerospace sectors, for example, can \ninvestigate hydrogen fuel cells and batteries \nmanufactured without rare-earth materials. General manufacturers might think about \nhow advances in synthetic biology could \n\"While the technology that \ncould power disruption \ncontinues to proliferate \nat a searing pace, the \ngovernance required to \npave the way for innovation \nis often lacking.\" "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e5e10b13-4b94-4b9f-bd6c-9c0a8946cc39
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 188, "chroma:document": "Perspectives from Capgemini\n189\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nhelp reduce global emissions. To deliver effective solutions will also \nrequire business leaders to understand \nthe role and significance of technology \n\u2013 today, every business is a technology \nbusiness."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 745b8882-fe77-4a85-81e1-b44846989252
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 188, "chroma:document": "They must acquire a thorough \nunderstanding of how digital innovation \ncan help their organizations achieve \nsustainability targets. Let\u2019s be clear: there is a huge amount to \ndo in a very short timeframe."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6dab4ecb-2ec0-42d2-a240-f376d9857c13
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 188, "chroma:document": "We must \nremain both positive and realistic; humanity \nis capable of finding solutions to all the \nproblems we face. However, we can\u2019t sit \nback and leave it to someone else to find the \nanswers. The innovative solutions to our challenges \nwill come from a collective approach. We must each engage with the equation \nand think about how our organizations \nwill develop an answer to the climate \nemergency. By working together, we can \ncontinue to develop as a society and keep \nfrugality at bay. The innovative \nsolutions to our \nchallenges will come \nfrom a collective \napproach.\" "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3de59fbb-01d9-4c30-9668-0171a305b526
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 189, "chroma:document": "Elisa Farri is a Vice President and Co-lead of \nCapgemini Invent\u2019s Management Lab, bridging \nthe academic and business worlds. Over the \nlast ten years she worked in strategy and \ninnovation consulting, advising Fortune 500 \ncorporations in transformative projects."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 5742bafa-93fb-453d-9bb2-2bf1c29ebe29
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 189, "chroma:document": "Prior \nto consulting work, she worked at the Harvard \nBusiness School\u2019s Europe Research Center in \nParis, France. Elisa is a regular contributor to \nleading management reviews and business \nmagazines like HBR.org and Rotman \nManagement, and a speaker on strategy and \ninnovation management. Elisa Farri \nVice President and Co-\nlead of Capgemini Invent\u2019s \nManagement Lab\nGabriele is Director of Content and Research \nat Capgemini Invent\u2019s Management Lab. He has more than fifteen years of strategy \nconsulting experience with particular focus \non innovation management and business \ntransformation."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6a9b5b5e-548f-4333-9884-f64fb8bf81f0
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 189, "chroma:document": "In parallel to his consulting \nexperience, Gabriele is a contributor for \nleading management magazines, including \nHBR.org, Dialogue Review, \u201cI\u201d by IMD, \nand The European Business Review. He \nalso contributed to management books in \ncollaboration with Thinkers50, PMI, and the \nBusiness Ecosystem Alliance. Gabriele Rosani \nDirector of Content and \nResearch at Capgemini \nInvent\u2019s Management Lab\nPerspectives from Capgemini\n190\nCapgemini Research Institute Climate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e55745b1-d216-48a6-8c8d-54d4247c1900
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 190, "chroma:document": "ALIGNING \nLEADERSHIP \nWITH \nSUSTAINABILITY\nPerspectives from Capgemini\n191\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ecb1e0a8-66e2-480c-a1a9-5cf97b9eb21f
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 191, "chroma:document": "\"The major obstacles to \nconfronting climate change are \nnot tech or policy. Organizational challenges are \nthose to overcome. We need \nto create urgency today to \nshift the traditional culture of \nleadership and make it fit \nfor sustainability.\" \nPerspectives from Capgemini\n192\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nGunnar Trumbull \nPhilip Caldwell Professor of Business Administration, \nHarvard Business SchoolImpact Research \nThe legacy of the profit-only paradigm\nW\nhatever its history, whether stretching back centuries or just a \nhandful of years, every organization comes with its own set of \nexpectations based on that history. To date, sustainability has very \nrarely featured in this."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9edb8fb9-5482-4b5d-914e-5e23077d0a4f
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 191, "chroma:document": "Put simply, the vast majority of organizations were not built with \nsustainability as the keystone, or even one of the pillars supporting their \nvision. Given this, it is unsurprising that, when it comes to organizational \nculture and leadership, there exists what can be described as a \n\u201csustainability deficit.\u201d The majority of today\u2019s senior executives were \neducated at prestigious business schools; gained professional experience \nvia a well-worn, traditional path; and built their careers within a profit-only \nparadigm based on hitting quarterly and annual financial targets. They "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ba042a4e-8ea3-44d0-a36f-9eb9aaba4a45
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 192, "chroma:document": "Perspectives from Capgemini\n193\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nTaking real action \u2013 Not just \nplaying a part\nachieved this within \na conventional \nbusiness \nframework based \non competing \nfor market share, \ngaining leverage \nwith key suppliers, \nand squeezing the \nmargins of other \nplayers in the chain. This engendered a \nstrict \u201ccommand-\nand-control\u201d managerial style, with an emphasis on organizational efficiency \nand optimizing use of resources (including human resources)."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c04da860-eb71-4f2a-ae7e-95f2e02b6815
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 192, "chroma:document": "The legacy of this \nparadigm is still predominant in many organizations and tends to hinder the \ntransition to a sustainable management model. The majority of today\u2019s senior \nexecutives were educated \nat prestigious business \nschools; gained professional \nexperience via a well-worn, \ntraditional path; and built \ntheir careers within a profit-\nonly paradigm.\"\nSustainability requires a different management style and a new set of \nbehaviors. Changing people\u2019s hearts and minds is the biggest challenge \u2013 and \nit must start with the C-suite."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b6a73d0d-7188-4878-be6d-1e00c0cfcd32
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 192, "chroma:document": "While leaders broadly recognize the pressing \nneed for change, they often end up following a simplistic, even superficial \napproach to implementing it. They \u201cchange the narrative,\u201d bringing in \nbuzzwords such as \u201cpurpose,\u201d \u201ccare,\u201d \u201ctrust,\u201d \u201ccollaboration,\u201d \u201copenness,\u201d \n\u201cpsychological safety,\u201d \u201cempowerment,\u201d and \u201ctolerance of failure.\u201d In \npractice, however, executives do not walk the talk: the change in vocabulary \nis not reflected in a change in attitude and behaviors as expressed through \neveryday work tasks. We describe this superficial attitude to sustainability as \nsustainability theater. Employees soon pick up on a lack of genuine and coherent commitment \nto change on the part of their leaders and, as the perception gap widens \nbetween the values that executives espouse and the leadership styles and \nbehaviors they display, employee cynicism and dissatisfaction will grow in \nparallel. This misalignment risks undermining the credibility of sustainability "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 020e6cc2-612f-49df-b56d-b86ce6afc374
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 193, "chroma:document": "SUSTAINABILITY \nREQUIRES A DIFFERENT \nMANAGEMENT STYLE \nAND A NEW SET OF \nBEHAVIORS. Perspectives from Capgemini\n194\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nstrategies within the organization \u2013 leading to employee disenchantment \u2013 \nand outside it \u2013 feeding skepticism among customers, suppliers, investors, \nand institutions. So, what should executives do to avoid becoming actors in \nsustainability theater?"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ac3012c4-0bdd-4131-a575-afd825bb5a9a
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 193, "chroma:document": "Management research into corporate-culture change emphasizes a focus \non leaders\u2019 observable behaviors, rather than on vague, abstract values \ndisseminated by the HR department. Authentic cultural change is not \nsimply a recalibration of the existing mission statement or a freshly drawn \nup manifesto of values. Simply changing the narrative will backfire if it is \nnot backed up by a meaningful change in leaders\u2019 actions, behaviors, and \ndecisions in relation to their employees, customers, suppliers, and local \ncommunities. 40 behavioral cards for leadership in \nthe sustainability era\nIdentifying and defining distinct observable behaviors makes it easier to \nmonitor, assess, and review the adoption of those behaviors."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: fac6fbf5-4036-40a2-922c-a0f8c07197af
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 193, "chroma:document": "Under the \nsupervision of V. Kasturi Rangan, Malcolm P. McNair Professor of Marketing \nat Harvard Business School and co-chairman of the School's Social Enterprise \nInitiative, we developed a set of 40 behavioral cards applicable to leadership \nin the sustainability era. "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1e87455b-104e-4408-809e-32220550b03a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 194, "chroma:document": "Perspectives from Capgemini\n195\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\n\"Simply changing \nthe narrative will \nbackfire if it is not \nbacked up by a \nmeaningful change \nin leaders\u2019 actions, \nbehaviors, and \ndecisions.\"\n\u201cCards can be a powerful tool for triggering \nmeaningful discussions, both in an \nexecutive classroom and in corporate-\nleadership meetings,\" explains Professor \nRangan. \"There\u2019s an increasing need to \nsupport leaders in raising awareness of the \nimpact of their individual behaviors on the \nsustainability agenda,\u201d he adds. The list of behaviors is organized around \nfour dimensions: \n\u2022 Purpose: Once clearly defined, leaders \nmust embrace their purpose and \nencourage the organization to follow it as \na guiding \u201cnorth star\u201d \n\u2022 Trust: Leaders must act authentically \nand credibly in order to gain the trust of \nemployees, suppliers, and partners \n\u2022 Collaboration: Leaders must be open to \ndifferent perspectives, co-creating with \npartners and finding systemic (rather than \nsiloed) solutions  \n\u2022 Innovation: Leaders must build creativity \nand encourage experimentation \noutside comfort zones; incremental \nsolutions alone will not be enough to \nsolve sustainability challenges \u2013 more \nimmediately impactful solutions are \nrequired\nEach of the four dimensions comprises \nten specific behaviors: five designated \n\u201cpositive\u201d behaviors that should be \ninitiated and/or encouraged; and five \n\u201ctoxic\u201d behaviors that should be eliminated. Each behavior should be articulated using \nclear descriptors that enable managers to \nenact them."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d50fffdc-20d3-4d93-88f6-0925e82f1aad
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 194, "chroma:document": "We encourage managers to \ncustomize the standard list to fit the specific \nbusiness context and to encompass both \nenvironmental and societal dimensions of \nsustainability. Prof."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b7bb5b0e-4f25-4884-aa4f-643bb4da3843
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 194, "chroma:document": "V. Kasturi Rangan,\nMalcolm P. McNair Professor of\nMarketing at Harvard Business School \nand co-chairman of the School's\nSocial Enterprise Initiative."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3bfc3b08-685d-4f9d-a19c-f9a87c99c177
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 195, "chroma:document": "Perspectives from Capgemini\n196\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\n\"Enel combines an \nenvironmental focus with the \nconcept of 'soft leadership,' \nbased on exhibiting 'kindness' \ntowards the firm\u2019s multiple \nstakeholders.\"\nAfter fostering environmentally conscious \ndecisions and actions, it is important to \nexamine the social and people components. \u201cIf leaders care for the planet, they should \nalso care for the people,\u201d affirms Guido \nStratta, Chief of People & Organization \nat Enel, a global leader in the fields of \nelectrification and decarbonization. Enel \ncombines an environmental focus with \nthe concept of \u201csoft leadership,\u201d based on \nexhibiting \"kindness\" towards the firm\u2019s \nmultiple stakeholders."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2809bacc-053b-442d-8cf3-8d512c592b04
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 195, "chroma:document": "Enel's model of \nsoft leadership incorporates valuing and \nnurturing personal relationships, trust, and \nrespect for the abilities and commitment of \nothers, while simultaneously maintaining \na focus on achieving sustainable business \nobjectives. In the table below, we present an excerpt of \nthe 40 behaviors that includes two for each \nof the four dimensions: one example with \na positive connotation and another with a \nnegative connotation."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c5fa79ad-2867-48ed-9f96-8ab8b26b0d6a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 196, "chroma:document": "Perspectives from Capgemini\n197\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nDIMENSIONS \nPURPOSE\nPOSITIVE BEHAVIORS \n\u2013 EXAMPLES \nNEGATIVE BEHAVIORS\n \u2013 EXAMPLES\nMake signi\ufb01cant changes in the \n\ufb01rm to embed purpose\nSystematically rethink all \nbusiness processes (including \nKPIs and method) to integrate \npurpose into decision-making\nBe prepared to drop projects or \nactivities that, while pro\ufb01table, \nare problematic in ESG \ndimensions\nPredominantly focus on \n\ufb01nancial goals\nMeeting time largely devoted \nto margins, market share, \ncompetitors, and potential \ne\ufb03ciencies\nSustainable purpose relegated \nto \"nice-to-have\" status, \nsecondary to pro\ufb01t\nTRUST\nListen and empathize with \nstakeholders\nFoster an open, transparent, \nand regular dialog with \nexternal actors, considering \ndi\ufb00erent perspectives\nPut people \ufb01rst, both internally \n(employees) and externally \n(suppliers, local communities, \nand other stakeholders)\nAct opportunistically to serve \nown agenda\nPursue self-interest (of the \norganization or of the \nindividual), rather than looking \nafter the interests of \ncolleagues, customers, and \nother stakeholders \nPrioritize personal advance-\nment, rather than contributing \nto shared purpose \nCOLLABORATION\nINNOVATION\nCo-create solutions with partners\nJointly de\ufb01ne problem spaces, \nconsidering multiple perspec-\ntives \nRun initiatives with partners \nacross the entire value chain, \nupstream and downstream (e.g., \nin developing a circular \neconomy)\nThink always in terms of win/lose\nDeal opportunistically with \nvalue-chain partners (suppliers, \ndistributors, etc.), taking advantage of \nthem and squeezing their margins \nwhere possible, rather than \nconsidering them true partners \nValue control and power in the \npartner relationship over consensual \ncontribution to a mutually bene\ufb01cial \nsolution/outcome\nPromote experimentation\nWithin a clear strategy, de\ufb01ne, \nprioritize, and run a portfolio of \nexperiments aimed at \nvalidating critical assumptions\nInvolve partners and stakehold-\ners in innovation programs, \ngrassroot initiatives, and trial \nballoons\nFollow the mainstream\nWait for others to move and \nfollow their lead, rather than \ntaking the initiative in new \nmarkets\nUse existing approaches as the \nbenchmark, rather than \nformulating an original strategy"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b8ade5d0-f750-4e03-b620-1e6e3ba061d8
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 197, "chroma:document": "Perspectives from Capgemini\n198\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nIn our work with clients, we have found \nthe list highly useful in encouraging \nexecutives to focus on three or four \npositive behaviors to commit to, and the \nsame number of negative ones, which \nthey will commit to abating. This exercise \nworks equally well when conducted on \neither individual or team level."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7cd45009-8af1-4365-9af5-f2b1304f24d9
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 197, "chroma:document": "Once the \nlevel and type of commitment are defined, \nit\u2019s important to make monitoring of the \ncommitment transparent and to bring it \ninto practice as part of everyday activities. Respecting and upholding the new \nbehavioral structure requires sustained \neffort. Despite leaders\u2019 best intentions, \nafter the initial burst of commitment, it is \ntempting to slip back into the accustomed \nmanagement style. To help leaders, \nteams should introduce new routines and \nteam practices to support planning and \nmonitoring of new behaviors, including \nperiodic retrospective sessions to discuss \nthe progress of adoption. For example, \na specific behavior could be added as a \nfocal point in each departmental meeting."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 53098bd1-452b-40ea-b673-77757070f72e
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 197, "chroma:document": "By providing time and space for candid \ndiscussion and assessment, leaders \ncan facilitate the transition to the new \nbehavioral framework. Feedback and discussion should not be \nlimited to executive peers; leaders should \nincorporate feedback from employees and \nother stakeholders beyond the company \nwalls (suppliers, partners, customers, \netc.) in relation to progress on behaviors \nrelevant to that group. \"By providing \ntime and space for \ncandid discussion \nand assessment, \nleaders can \nfacilitate the \ntransition to the \nnew behavioral \nframework.\" "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: cbd08a3d-ba67-4d86-b398-c7aa9ca26141
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 198, "chroma:document": "IF MANAGERS CAN SET \nTHEMSELVES A SERIES \nOF CONCRETE, DEFINED \nBEHAVIORS TO \nFOLLOW OR ELIMINATE, \nORGANIZATIONS WILL \nSEE MEASURABLE \nCHANGE AND TANGIBLE \nBENEFITS. Perspectives from Capgemini\n199\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nIn light of the importance of internal organizational \nbehaviors, as detailed above, it is surprising that discussion \nof behaviors tends to concentrate on consumer behaviors \nrather than behavioral \nchange at leadership level. Executive and managerial \nbehavior is pivotal to project \ncredibility and nurturing \ntrust inside and outside the \norganization."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 43b1e96a-14c2-4d37-beae-e8cb0649718c
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 198, "chroma:document": "Simply defining \na new manifesto of values and \ncascading it down from the top \nin the hope that change will \nfollow is rarely successful. If \nmanagers can set themselves \na series of concrete, defined \nbehaviors to follow or \neliminate, organizations will see measurable change and \ntangible benefits. Leaders should \nincorporate feedback \nfrom employees and \nother stakeholders \nbeyond the company \nwalls.\""}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7ad63d0a-4c3c-4b5d-8002-e4be45b6f4a7
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 199, "chroma:document": "Insights\n200\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nInsights \nfrom the  \nCapgemini \nResearch  \nInstitute\nLOW-CARBON \nHYDROGEN\nA path to a greener future   \nP.201\nA WORLD IN \nBALANCE \nWhy sustainability ambition is not \ntranslating to action   \nP.206"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: bde68d21-1adb-4c37-8c3e-645d8ae4c5a6
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 200, "chroma:document": "Insights\n201\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nLOW-CARBON \nHYDROGEN\nA PATH TO A GREENER FUTURE\nFor details on the research methodology and to read the full report, please visit: \nhttps://www.capgemini.com/insights/research-library/green-hydrogen/"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f0e5f157-aecc-4c0d-a052-203dd63a658b
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 201, "chroma:document": "E&U organizations expect low-carbon hydrogen\u2019s share of the \ntotal hydrogen mix to increase significantly by 2050\nGrey Blue Low-carbon Others\nHydrogen mix \nexpected in 2050\nHydrogen mix \ntoday\n71%\n22% 21% 55%\n23%5%\n1%\n3%\n-49 pp +16 pp +54 pp -20 pp\nNote: This represent subjective organizational expectations for low-carbon hydrogen and is not based on present capabilities and \ninvestment levels. Source: IEA, Hydrogen Tracking Report, September 2022; Capgemini Research Institute, low-carbon hydrogen survey, November\u2013\nDecember 2022; N=500 respondents from unique energy and utilities organizations."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: cad3d930-6c6e-4c8a-abcd-60d464671748
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 201, "chroma:document": "E&U organizations believe that with \nlow-carbon hydrogen, nations can reduce \ntheir dependence on fossil fuels\nof energy demand will be met by low-carbon \nhydrogen by 2050 as per the estimates of  \nE&U organizations\nEnd-user organizations are looking at \nlow-carbon hydrogen to replace carbon-in-\ntensive systems\nE&U organizations agree that low-carbon \nhydrogen is one of the key long-term solutions \nfor decarbonizing economies\n61%\n62%\n62%\n63%\n18%\nE&U organizations believe that the current \ncrisis has led nations to reconsider their \nenergy mixes\nInsights\n202\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nOrganizations are optimistic and ambitious \nabout low-carbon hydrogen"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2e21ec80-da88-4097-9f03-fa3bbec63788
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 202, "chroma:document": "Industries such as refining, fertilizers, and chemicals will \nwidely harness low-carbon hydrogen \nA majority of E&U organizations are planning to invest in low-\ncarbon hydrogen initiatives\n% of respondents who see high potential for low-carbon hydrogen \nin their respective industries\n94%\nHigh potential by 2030\n100%\n83%\n99%\n56%\n96%\n43%\n74%\n41%\n30%\n85%81%\nHigh potential by 2050\nHeavy transportAviationMaritime transportSteelChemicals\nand fertilizers\nPetroleum re\ufb01ning\nNote: Respondents from each sector answered about potential for their own industry only. Source: Capgemini Research Institute, low-carbon hydrogen survey, November\u2013December 2022; N=360 respondents from unique end-\nuser organizations."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 12c0feba-9eb3-4108-860b-bf2e7c5189d1
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 202, "chroma:document": "Source: Capgemini Research Institute, low-carbon hydrogen survey, November\u2013December 2022; N=447 respondents from unique \nenergy and utilities organizations. Insights\n203\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nInvestment in low-carbon hydrogen \nis on the rise\n26%\n2022 2030 2050\n64%\n98%\n% of organizations that are investing/planning to invest in\n low-carbon hydrogen"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 79464582-2daa-464d-85cd-5edbdea20e86
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 203, "chroma:document": "E&U organizations are making investments across the low-\ncarbon hydrogen value chain\n% of organizations investing or planning to invest in di\ufb00erent\n areas of low-carbon hydrogen value chain\n45%\n52%\n15%\n7%\n53%\nR&D and \ninnovation Production Storage Transport and \ndistribution \nEnd-to-end \nvalue chain\nSource: Capgemini Research Institute, low-carbon hydrogen survey, November\u2013December 2022; N=500 respondents from unique \nenergy and utilities organizations. Insights\n204\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nCost, engineering, and skills challenges \nare yet to be addressed\nCost\nChallenges\nEngineering \n& Infrastructure \nChallenges\nSkills\nChallenges\nLow-carbon hydrogen is \n2-3 times more \nexpensive to produce \nthan fossil fuels\nHalf of E&U organizations \nrank high energy \nconsumption during \nproduction as one of the \ntop production \nchallenges\nA majority of E&U \norganizations rank safety \nconcerns, speci\ufb01city of \nstorage conditions and \ninsu\ufb03cient existing \nhydrogen pipeline \ninfrastructure among the \ntop challenges\nAround half of E&U and \nend user organizations \nrank lack of skills \nand expertise among the \ntop \ufb01ve challenges to \nscale hydrogen"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6753d4e1-2979-45b4-8317-a0cb10fcb5ba
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 204, "chroma:document": "Insights\n205\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nInvestment in low-carbon hydrogen \nis on the rise\n\u2022 Harness the potential of \ndigital-twin technologies to \nreduce cost and operational \nrisks\n\u2022 Develop robust data and \ntechnology foundations to \nmaximize agility and resilience \nin the supply chain\n\u2022 Tailor the business-case assessment to your organization \n\u2022 Establish governance models to support new business models\n\u2022 Establish hydrogen-competence centers for skills development\n\u2022 Clearly articulate partnership \nstrategy and design appropriate \ntrade-o\ufb00s while partnering with:\n- Primary energy producers\n- Equipment suppliers\n- Storage-system developers\n- Infrastructure providers\n- End-users\n- End-to-end value chain ACTIVATECOLLABORATE\nSTRATEGIZE\nAccelerate \nand scale \nlow-carbon \nhydrogen"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d96dfe3b-e5ec-4f98-af24-2909e85ab308
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 205, "chroma:document": "Insights\n206\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nFor details on the research methodology and to read the full report, please visit: \nhttps://www.capgemini.com/insights/research-library/sustainability-trends/\nA WORLD \nIN BALANCE \nWHY SUSTAINABILITY AMBITION IS NOT \nTRANSLATING TO ACTION "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f1bc1b9e-6117-46d8-a278-3dc0b91d29ca
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 206, "chroma:document": "The business case for sustainability is currently largely \nunderestimated or misunderstood  \nOrganizations often see sustainability initiatives as \nobligatory and unprofitable\nSource: Capgemini Research Institute, Sustainability Transformation Trends Survey, August\u2013September 2022, N = 2,004 \nexecutives, 668 organizations\nSource: Capgemini Research Institute, Sustainability Transformation Trends Survey, August\u2013September 2022, N = 2,004 \nexecutives, 668 organizations\n21%\n% of executives who agree \nwith the statement:\nThe business case for \nsustainability is clear\nInsights\n207\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nOrganizations view \nsustainability as a cost driver, \nnot an investment   \nSustainability initiatives are a \n\ufb01nancial burden we have to bear in \norder to do business\nThe cost of sustainability initiatives\noutweighs  the bene\ufb01ts\n53%\n53%\n% of respondents who see high potential for low-carbon hydrogen \nin their respective industries\n"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7debb175-189a-4d61-ba85-3c99868f61f4
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 207, "chroma:document": "Our research suggests that environmental sustainability \nis financially viable \nWe identified a set of frontrunners, who have progressed further on their \nsustainability transformation than the rest of the companies we surveyed. One in ten organizations (11%) in our survey are categorized as a sustainability \nfrontrunner."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: aa6b9edd-5487-4d81-a488-7b79dbf2ac46
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 207, "chroma:document": "From 2020 to 2021, frontrunners realized: \n50% of respondents say \nthat their organization provides \nautonomy to employees to \ndevelop solutions to sustainability \nchallenges  \n \n83% 09% \nhigher revenue per \nemployee compared \nto the average \nhigher net profit \nmargin compared to \nthe average  \nLess than half of organizations are focusing on \nsustainability recruitment/upskilling \nSource: Capgemini Research Institute, Sustainability Transformation Trends Survey, August\u2013September 2022, N = 1,003 \nexecutives in corporate functions. About half of respondents \nsay that their organization acts \non the concerns of internal \nstakeholders when shaping \nsustainability initiatives \nWe Actively recruit \nand hire new talent with strong \nsustainability skills\nUpskilling/ reskilling on hard \nsustainability skill is a top priority \nof our company \n47%\n41%\n% of executive who agree with the statements\nInsights\n208\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nPeople and culture challenges limit \nenterprise-wide collaboration and adoption  "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 4cee5061-0756-4434-80ec-6a53fc458cac
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 208, "chroma:document": "Insights\n209\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nSome organizations are \ninvesting in technologies to limit \nenvironmental impact  \nHow organizations can accelerate \ntoward sustainability   \nThis report shares recommendations for how eight C-suite positions can accelerate their \ncompanies\u2019 sustainability ambitions, which must be implemented in a combined, \ncollaborative view: \n \nknow how \nmuch carbon its \ntechnology emits \nacross digital tools, \napps, IT systems, \nand data centers  \nare investing \nin AI and \nautomation for \nsustainability  \nare investing in \nIoT to monitor or \nreduce energy \nconsumption \nuse digital \ntechnologies to \nreduce travel \nand carbon \nfootprints \n55%  60%  56%  55%  \n\u2022 The CEO must make sustainability a \nbusiness priority \n\u2022 The CFO must articulate the business \ncase for sustainability and ensure it is \nunderstood throughout the organization   \n\u2022 The CMO must implement protocols \nto avoid greenwashing sustainability \ncredentials  \n\u2022 The chief design/product officer needs \nto embed sustainability as a core design \nprinciple   \n\u2022 The chief procurement/supply chain \nofficer needs to work with suppliers to \nensure they achieve sustainability goals  \n\u2022 The CTO/CIO must strengthen \nsustainable IT initiatives \n\u2022 The COO needs to build the foundation \nof the sustainable organization \n\u2022 And, of critical importance, the CHRO \nneeds to staff for sustainability, which \nrequires new skill sets and a new \nleadership model. "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 516d03a6-cc95-4790-a4ca-5e41e08af991
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 209, "chroma:document": "210\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nWe are grateful to all our guest contributors for sharing their experience \nand insights as well as to their teams and in particular Francois Jackow (Air \nLiquide), Domitille Fafin (Air Liquide), Christel Des Royeries (Air Liquide), \nDr Frances Arnold (Nobel Prize laureate), Alexandra Palt (L \u2019Or\u00e9al), Karin \nSvensson (Volvo Group), Anna  Arbius (Volvo Group) Virginie Helias (P&G), \nAna Sofia Hernandez (P&G), Johan Rockstr\u00f6m (Potsdam Institute for \nClimate Impact Research), William McDonough (Cradle to Cradle), Celeste \nWeaver (Cradle to Cradle), Marcie Siegel, Ovais Sarmad (UNFCCC), Monica \nGavriluta (UNFCCC), Emanuele Taddei(UNFCCC), Eliano Russo (Enel), \nBel\u00e9n Alarc\u00f3n Silva (Enel), Elisa Moioli (Enel), Nathalie Casas (Climeworks), \nJudith Hebekeuser (Climeworks), Claudia Garcia (Climeworks), Peter \nReinhardt(Charm Industrial), Areeb Malik, (Glacier), Devon Wright( Lumo), \nAsk Helseth( Spoor), Iggy Bassi, (Cervest), Arielle Kouyoumdjian (Changing \nPlanet Justice), Vinisha Umashankar (Solar ironing cart) and Rahmina \nPaullette (Kisumu Environmental champion), Emmanuel Fonteneau, Dany \nTello, Lucia Sinapi, Priya Bohra, Andy Heppelle, Dylan Garrett for their \ncontributions to the journal. We would also like to thank all our Capgemini colleagues who have been \nsupporting this project throughout and in particular Cyril Garcia, Pascal \nBrier, Salomon Salinas, Florent Andrillon, Andy Heppelle, Daniel Zackrisson, \nElisa Farri, Jean-Baptiste Massignon, Per Holmblad, Gabriele Rosani, Diane \nBotta, Suparna Banerjee, Kristin Morris, Punam Chavan and the Capgemini \nResearch Institute team \u2013 Jerome Buvat, Subrahmanyam KVJ, Navya \nAtmakuri, Amrita, Dominique Banon."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 866bf26d-e3d5-4c5f-aa8d-7afc7de2a7a9
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 210, "chroma:document": "211\nCapgemini Research InstituteClimate Tech: for a Sustainable Planet\nDiscover more about our recent research\nConversations for Tomorrow: \nNurturing the future of work \n\u2013 how organizations empower \ntalent\nGreen Hydrogen: A Path To A \nGreener Future \nA World In Balance: Why \nSustainability Ambition Is Not \nTranslating To Action\nRethink: Why Sustainable \nProduct Design is the Need of \nThe Hour\nConversations for \ntomorrow: Intelligent \nIndustry: The Next Era of\nTransformation\n Conversations for \ntomorrow: The New \nface of marketing\nConversations for \ntomorrow: breathe \nin(novation): Uncover \ninnovations that matter\n Conversations for \ntomorrow: The Future \nof Work Starts Now\nConversations for Tomorrow: \nA sustainable future calls \nfor collective action, bolder \nleadership, and smarter \ntechnologies"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 66bd46d8-e2c3-4929-9a2c-e74cd4aed2f4
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 211, "chroma:document": "212\nCapgemini Research Institute Climate Tech: for a Sustainable Planet\nSubscribe to  \nthe latest research from the\nCapgemini Research Institute\nReceive copies of our reports by scanning the QR code or visiting\nhttps://www.capgemini.com/insights/research-institute/subscribe/"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c9ff2da4-6a11-4de2-88f4-57ff2e43e4c4
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 212, "chroma:document": "#GetTheFutureYouWant\nAbout Capgemini \nCapgemini is a global leader in partnering with companies to transform and \nmanage their business by harnessing the power of technology. The Group \nis guided everyday by its purpose of unleashing human energy through \ntechnology for an inclusive and sustainable future. It is a responsible and \ndiverse organization of over 340,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is \ntrusted by its clients to address the entire breadth of their business needs, from \nstrategy and design to operations, fueled by the fast evolving and innovative \nworld of cloud, data, AI, connectivity, software, digital engineering and \nplatforms. The Group reported in 2021 global revenues of \u20ac18 billion. www.capgemini.com\nAbout Capgemini  \nResearch Institute \nThe Capgemini Research Institute is Capgemini\u2019s in-house think tank \non all things digital."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9a3bf527-ba86-43db-aaf1-0cc1f885ab35
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 212, "chroma:document": "The Institute publishes research on the impact of \ndigital technologies on large traditional businesses. The team draws on \nthe worldwide network of Capgemini experts and works closely with \nacademic and technology partners."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 69fd3b41-2104-4beb-a4c4-1b9094114f1f
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 212, "chroma:document": "The Institute has dedicated research \ncenters in India, Singapore, the United Kingdom, and the United States. It was recently ranked number one in the world for the quality of its \nresearch by independent analysts. https://www.capgemini.com/insights/research-institute/"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 83bceb0a-f999-4e6c-9a59-68d092b2a2c4
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/AD_Data_CapGemini_Conversations_Edition_7_Report_1705202.pdf", "page": 213, "chroma:document": "www.capgemini.com"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 47434d66-d8a9-4a60-a1a6-2476ec24a75b
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 0, "chroma:document": "Scaling breakthroughs\nfor net zero\nState of Climate Tech 2021\nwww.pwc.com/climatetech"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 8546d755-e3e3-4af5-97c4-4d9b914cd2b8
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 1, "chroma:document": "2  PwC | State of Climate Tech 2021\nForeword\nFor all the progress of the 2021 United Nations Climate Change Conference (COP26), there is one \nconclusion that is hard to dodge. The world has got a mountain to climb. In the analysis of PwC\u2019s \n2021 Net Zero Economy Index, to avoid more than 1.5\u00b0C of warming, the world now has to \ndecarbonise at 12.9% a year, over eight times the rate historically achieved since 2000. With the \nglobal economy, based on COP26 2030 targets, on a glide path to producing an estimated 2.4\u00b0C of \nwarming, the fundamental analysis of the Intergovernmental Panel on Climate Change (IPCC) that \nthis is \u2018code red for humanity\u2019 remains unchanged. How does society plug this gap?"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: a3faf52d-7410-4e42-8955-c674b5d051da
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 1, "chroma:document": "As the COP26 process highlighted, with its focus on \nbreakthrough technologies, there\u2019s mounting recognition that a new generation of \nclimate innovations will have a key role to play in accelerating decarbonisation, \ndelivering business models that have the potential to radically decarbonise carbon-\nintensive sectors, including the transport, energy, industry and food nexus that together \nconstitute over 50% of global carbon emissions. We are seeing a rapid, dramatic increase of interest in climate tech start-ups\u2014a new \ngeneration of innovators leveraging these technologies to shake up high-carbon \nbusiness models ripe for disruption \u2014 but the challenge is scale."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f4bca3f4-d9a4-4c1f-875d-5f1c008b0ee1
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 1, "chroma:document": "Most critical, for many \nstart-ups, is getting hold of the funding they need to escape the \u2018valley of death,\u2019 where \nthe innovator is too big for angel capital but too high-risk for commercial lending. It\u2019s in \nthis space that venture capital (VC) plays a critical catalytic role. PwC\u2019s 2020 State of Climate Tech report highlighted the rapid increase in the climate \ntech market, booming from US$418m globally in 2013 to US$16.3b in 2019, rising more \nthan 3,750% in only seven years. This year\u2019s report sees a further acceleration, with the \naverage size of climate tech deals nearly quadrupling in the first half of 2021 and over \n200% growth in terms of total volumes year on year. As Larry Fink, CEO of BlackRock, \nhas commented, the next billion-dollar start-ups will be in climate tech. But as we look to decarbonise at speed and scale, it\u2019s crucial that we also identify the \ncommercially viable climate tech opportunities that aren\u2019t yet picking up the capital. For \nthe first time this year, our analysis also looks at the carbon funding gap, the climate \ntech equivalent of carbon $5 notes lying on the ground, where the deal flow is lagging \nthe decarbonisation opportunity. Technology is not the answer, it\u2019s the amplifier of intent."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: fec1b959-af3f-4a18-97dd-e0d473c74815
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 1, "chroma:document": "And climate tech alone is not \nthe panacea, but it\u2019s a space that is emerging rapidly as a critical mechanism to bend \nthe emissions curve down and get the world back on track towards 1.5\u00b0C. Leo Johnson\nDisruption & Innovation Leader, Partner, \nPwC United Kingdom\nEmma Cox\nGlobal Climate Leader, Partner, \nPwC United Kingdom"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 37985fe5-4142-4921-b6bc-31215793e111
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 2, "chroma:document": "3  PwC | State of Climate Tech 2021\nExecutive\nsummary\nA hot year for climate, creating \nurgency for a green recovery\nThe last year has seen a transformation in \nthe VC landscape. New types of capital \nand funding mechanisms have resulted in \nsignificant new flows of investment into \nprivate markets."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7665c419-bfa6-4c56-b4a8-f7e074edd68b
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 2, "chroma:document": "In addition, cash reserves \nfor investment stockpiled in 2019-20 is \nnow being put to use in the deals-led \nrecovery of 2021. The investment landscape for climate \ntech is no different, as society increasingly \nfeels the impacts of climate change. The \nIPCC AR6 report, published in August \n2021, amplified the calls for drastic action. COP26 has echoed this, and significantly, \nthe Glasgow Breakthroughs \nannouncement states a plan for countries \nand businesses to work closely together \nto speed up affordable clean-tech \nadoption worldwide. This accelerated focus on environmental, \nsocial and governance (ESG) criteria in \nprivate markets,1 alongside emerging \nregulations such as the EU\u2019s Sustainable \nFinance Disclosure Regulation, is driving \ngrowth and leading many companies and \ninvestors to pivot their strategies. Thousands of companies have made \npublic commitments to net zero, set \nscience-based targets or sought to \ndemonstrate their wider commitments to \nsociety through B Corp status. Megafunds \nhave been ring-fenced for climate tech, \nincluding Brookfield\u2019s US$7bn Global \nTransition Fund2 and TPG\u2019s US$5.4bn \nRise Climate fund.3 \nClimate tech scaling for impact: \nTrends from this year\u2019s analysis\nInvestment in climate tech is \ncontinuing to show strong growth as an \nemerging asset class, totalling US$87.5bn \nover the last 12 months analysed (H2 \n2020 and H1 202145, with H1 2021 alone \ndelivering record investment levels in \nexcess of US$60bn. This represents a \n210% increase from the US$28.5bn \ninvested in the 12 months prior."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c2e6d163-38cb-4db0-9fa1-e740e91e4a67
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 2, "chroma:document": "Climate \ntech now accounts for 14 cents of every \nVC dollar. The average deal size nearly \nquadrupled in H1 2021 from one year \nprior, growing from US$27m to US$96m. Megadeals are becoming increasingly \ncommon and are driving much of the \nrecent topline funding investment  \ngrowth in climate tech."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e8621d55-e990-46ae-a794-28c36025ab00
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 2, "chroma:document": "Innovative finance remains core to \nclimate tech\u2019s growth. The past 18 \nmonths have seen special-purpose \nacquisition companies (SPACs) tested as \na new tool in the toolkit for start-ups \nlooking to go public and raise large \namounts of funding. This new fundraising \napproach is responsible for driving a \nsignificant proportion of growth in climate \ntech, with H1 2021 seeing SPACs provide \na third of all funding at US$25bn. Thousands of companies have made \npublic commitments to net zero, set \nscience-based targets or sought to \ndemonstrate their wider commitments to \nsociety through B Corp status. Megafunds have been ring-fenced for \nclimate tech, including Brookfield\u2019s \nUS$7bn Global Transition Fund2 and \nTPG\u2019s US$5.4bn Rise Climate fund3. "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 91e8dc59-7d00-4c06-8f64-f08157ddabf6
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 3, "chroma:document": "Mobility and Transport remains the \nmost heavily invested challenge area, \nraising US$58bn between H2 2020 and \nH1 2021, which represents over two-\nthirds of the overall funding in the period. Within this, electric vehicles (EVs) and low \ngreenhouse gas (GHG) vehicles remain \ndominant. In particular our analysis found \nthat H1 2021 was dominated by a handful \nof significant megadeals, with Lucid \nMotors raising US$6.9bn, Northvolt \nUS$2.8bn, Cruise US$2.8bn and Rivian \nUS$2.7bn. There has also been significant growth \nin Industry, Manufacturing and \nResource Management, raising \nUS$6.9bn between H2 2020 to H1 2021, \nover triple the amount raised by the \nvertical in the period a year prior. This has \nbeen driven by megadeals such as \nGinkgo Bioworks\u2019 US$2.5bn raise in H1 \n2020 and the rise of numerous circular \nand second-hand businesses. These \ninclude Back Market, which raised \nUS$335m, and Vinted, which raised \nUS$300m in H1 2021. The US remained the most dominant \ngeography in H2 2020 \u2013 H1 2021, \ncompleting more deals than any other \ngeography. The world\u2019s most active \nclimate tech hub, the San Francisco Bay \nArea, continued to lead the way, with \nstart-ups across every challenge area \nraising funding in the 12 month period. Notable rounds included goliaths such as \nCruise raising in excess of US$2bn \nbetween Microsoft, General Motors and \nHonda; as well as sectoral innovators \nsuch as Electric Hydrogen and Sound \nAgriculture raising US$24m (Series A) and \nUS$45m (extended Series C). Beyond the \nBay Area, the next-most active climate \ntech hubs are London, Berlin and New \nYork."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7ff93ccd-fc73-4c15-9849-c4d2be18d482
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 3, "chroma:document": "A commercial opportunity \nwith impact\nIn this second edition of the PwC State of \nClimate Tech report, we highlight new \nanalysis that covers findings and trends in \nkey climate technology areas, examining \nthe link between technological maturity, \nproximity to sectoral tipping point, \nemissions reduction potential and \ninvestment volume."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2e865d77-93a9-43cb-89b8-fd1373af8f89
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 3, "chroma:document": "The new analysis also \nhighlights potentially underfunded areas \nthat present opportunities for investors."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 71f5ba33-d1c0-4e49-ab7a-2c7dfd3a4c87
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 3, "chroma:document": "We hone in on 15 specific climate \ntechnology areas and explore whether the \nsolutions with the highest potential to \nremove carbon at speed are getting the \nfunding they need to scale up. Our analysis finds that there are still \nsignificant areas of untapped potential\u2014\nso-called \u2018carbon [US]$5 notes lying on \nthe ground.\u2019 Of the 15 technology areas \nanalysed, the top five that represent over \n80% of future emissions reduction \npotential by 2050 received just 25% of \nrecent climate tech investment \nbetween 2013 and H1 2021. This tells us that an opportunity is being \nmissed, as capital is not being deployed \nin line with climate impact potential, with \na handful of mature technology areas \ninstead attracting the majority of \ninvestment. Though funding is needed \nacross all challenge areas, targeting \nfunding to nascent technology areas can \nenable breakthrough innovations, trigger \nsectoral tipping points to accelerate \nadoption and achieve meaningful  \nfinancial returns as well as sectoral \ndecarbonisation. Many of the climate tech investors we \nspoke to were driven not just by a desire \nto have a positive impact but also by the \npotential for significant financial returns. In line with science-based targets, society \nwill need to remove carbon emissions \nfrom all stages of the value chain, and \nstart-ups that can address unmet \nmitigation needs offer an untapped \nopportunity to create commercial and \nenvironmental value. Achieving breakthrough innovations in \nthese currently underfunded areas will \nrequire new action from investors and \npolicymakers. Interviews with industry \nincumbents have highlighted that more \npatient capital from VC is still required to \ndeliver future breakthroughs in climate \ntechnology. In addition, long-term \nstrategic plans and targeted policy \nmeasures by governments, such as \ncarbon pricing, are needed to kick-start \ninvestment in hard-to-abate sectors and \nto deliver net zero infrastructure5 \u2014for \nexample, low GHG concrete or green \nhydrogen production, as well as carbon \nremoval technologies that will be pivotal \nto achieve global net zero targets. This combined analysis and insight \nillustrates the need to consider climate \nchange in its entirety, as a complex \ninterdisciplinary issue."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d4c671e2-6c8c-41b7-bb80-fb1e2af2bf63
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 3, "chroma:document": "Private markets \nshould be encouraged and emboldened \nto look beyond their traditional sector and \ngeographical silos. They should consider \nclimate tech more holistically to achieve \ndeep cross-sectoral decarbonisation and \nto uncover future \u2018gigacorns,\u2019 companies \nwith potential to abate one gigaton of \nemissions per year while being \ncommercially viable. 4  PwC | State of Climate Tech 2021"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: abad182f-34e0-4a7e-a44f-ccbaa7a23b1b
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 4, "chroma:document": "Climate tech as a maturing \nasset class\nThe climate tech market is a rapidly \nmaturing asset class, offering investors \nnot only financial returns but also the \nopportunity for outsized environmental \nand social impact. Climate technology \nhas moved well beyond a proof of \nconcept, attracting investors who have to \ndate not previously invested."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: bce0e559-0cd8-4227-b2c0-90565eaad919
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 4, "chroma:document": "Though this \narea presents a major commercial \nopportunity, due to the inherent value \nassociated with reducing emissions, \nwhich will be validated one day with a \nglobal carbon price, there is still much \nwork to be done to channel this \ninvestment appropriately. The need for a green recovery \nand just transition\nClimate tech solutions can be classified in \nthree broad categories:\n\u2022  Those that help us mitigate climate \nchange by reducing or sequestering \nemissions. \u2022  Those that enable us to adapt to the \nimpacts of climate change."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 4, "chroma:document": "\u2022  Those that help us to understand \nclimate change and its impacts through \ndata. Society\u2019s response to climate change will \ninvolve a combination of these three \nareas, all of which are interlinked. For \nexample, the IPCC have made it clear that \nsignificant emissions reductions and \ncarbon removal will be required to stay \nwithin a 1.5\u00b0C pathway. If mitigation \ntechnologies are not accelerated, it is \nlikely that this target will be exceeded and \nthat large-scale adaptation will be \nrequired to deal with the impacts of \nclimate change. In the same vein, access \nto high-quality data and monitoring will be \ncrucial to enabling mitigation and \nadaptation efforts. However, a certain amount of warming is \nalready locked in. The impacts from this \nwarming will be most felt by the poorest \nin society, particularly in the Global South, \nwho often have been the lowest emitters \nof GHGs but who will experience the most \nsevere consequences. Funding is \ntherefore needed across all categories of \nclimate technology to enable a just \ntransition and a greener, fairer future for \nall. Indeed, the recent Glasgow \nBreakthroughs6 announcement by world \nleaders at COP26 states a plan for \ncountries and businesses to work closely \ntogether to support the developing world \nto access the innovation and tools \nneeded to transition to net zero. \u201cAchieving breakthrough innovations in \nthese currently neglected areas will \nrequire new action from investors and \npolicymakers\u201d\n5  PwC | State of Climate Tech 2021"}


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topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 5, "chroma:document": "6  PwC | State of Climate Tech 2021\nKey findings\nUS$222bn\ninvested in climate \ntech between 2013 \nand H1 2021\nMobility & Transport \n60% of total climate \ntech investment\nUS$132bn invested \nin the area, more than any \nother challenge area\n133% CAGR\nUnicorns \n78 climate tech start-ups \nvalued at US$1bn+\n43 of which are Mobility  \nand Transport start-ups\nInvestors \n6,000+ unique investors \nidentified\n2,500 active in H2 2020 \nto H1 2021\n1,600 active in H1 2021\nNote: The data sources used have stronger \ncoverage in European and North American \nmarkets. This analysis may therefore be a \nconservative estimate of the relative levels of \nChinese investment and of overall investment."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: edeeac61-b8ce-4944-a55b-c3cca989b914
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 5, "chroma:document": "Impact analysis  \nOf the 15 specific climate \ntechnology areas analysed, \nthe top five that represent  \nover 80% of future \nemissions reduction \npotential by 2050 received \njust 25% of recent climate \ntech investment between \n2013 and H1 2021. 210% \ngrowth in investment \nyear on year\n3,000+\nclimate tech start-ups \nidentified  \nUS$60bn\nMore than US$60bn \ninvested in climate tech \nin H1 2021 \n14%  \nClimate tech investment \nnow accounts for 14 \ncents of every VC dollar\nMost active \ninvestment hubs \n(H2 2020\u2013H1 2021) \n1    San Francisco Bay Area, CA, US\n2    London, UK\n3    Berlin, Germany\n4    New York, NY , US\n5    Boston, MA., US\nRegional findings (total climate tech investment H2 2020\u2013H1 2021) \n$56.6bn US$9bnUS$18.3bn\nNorth America Europe China"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6e3e3c0d-09cf-4c36-9a2e-5acab2c58c89
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 6, "chroma:document": "7  PwC | State of Climate Tech 2021\n1\nIntroduction\nCode red for humanity\nThe world is waking up to the threat of \nclimate change, but action does not yet \nmatch the rhetoric. The IPCC issued a \nstark warning in the run-up to COP26. In \ntheir first major assessment in nearly a \ndecade, their 2021 update was \nunequivocal that human influence has \nwarmed the atmosphere and that our \nwindow to limit warming to 1.5\u00b0C this \ncentury\u2014and avoid catastrophic climate \nchange\u2014is rapidly narrowing. A year of commitments and \nkick-start capital\nA significant number of new funds have \nbeen established to channel the rapid \ninflow of capital into climate tech and a \nvariety of new investor types have \nbecome engaged in climate tech \ninvesting."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 96c75054-2912-496c-b373-a3d7900776ba
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 6, "chroma:document": "This, paired with the growth of \ninnovative funding mechanisms such as \nSPACs and the deployment of pent-up \ncash reserves, has resulted in a huge \nstep-change in the scale of climate tech \ninvestment. This looks set to continue into \nH2 2021, with notable climate tech \nmegadeals in the second half of the year \nto date including Rivian (US$2.5bn, in \naddition to the US$2.7bn raised in H1, \nfollowed by further funding and an IPO), \nGoodLeap (US$800m) and Redwood \nMaterials (US$750m). In the policy space, the US government \nhas taken a step towards a green \nrecovery, backed by legislation in the form \nof the recently signed US$1.2tn bipartisan \ninfrastructure framework.7 This comes at \nthe same time as the US and China \nreaffirmed their commitment at COP26 to \nboost climate cooperation over the next \ndecade and the UK announced the \nGlasgow Breakthroughs, an international \nplan to deliver clean and affordable \ntechnology. The EU has also taken action \non greenwashing, introducing the \nSustainable Finance Disclosure \nRegulation in March, alongside ambitious \nand sweeping reforms, culminating in the \nFit for 55 hydrogen strategy, released in \nJuly 2021. Buoyed by this renewed commitment to \ntackle climate change through innovation, \ninvestors and policymakers have been \nworking together to ring-fence huge funds \nto accelerate the uptake and adoption of \nclimate tech. For example, the European \nCommission announced a partnership \nwith the Bill Gates-backed Breakthrough \nEnergy Catalyst to unlock new \ninvestments for clean tech and \nsustainable energy projects totaling up to \nUS$1bn over five years.8\nThe private sector has also shown that it \nis willing and able to step up to the plate \nto help drive the net zero transition. This \nyear has seen private-sector players \nmaking the market for new climate tech \noperating models, with Stripe and Shopify \ndeploying tech solutions to create new \nmarket demand for carbon removal."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 997a898a-e9c5-4d40-ac6d-c87f799d99b4
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 6, "chroma:document": "Together, these developments have \nresulted in significantly increased focus \nfrom investors on climate tech assets. Investment data analysed\nThe data underpinning the analysis set out in this \nreport includes venture capital and private equity \ninvestment into start-ups that have raised at least $1 \nmillion in funding. Funding round types analysed \ninclude grants, Angel, Seed, Series A-H, and IPOs \n(including SPACs). It is important to note that this report does not intend \nto provide a comprehensive overview of private \nmarket investment into climate tech, but specifically \nfocuses on funding targeted at scaling new \ninnovations. As such, PwC excludes project financing \nand debt from our analysis, for example. These \nfunding types have proven to be important for the \nsignificant scale up of renewables over recent years, \nan area of climate tech which has reached high levels \nof technological maturity; but are typically less utilised \nby start-ups developing breakthrough solutions.."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 8680986d-09ca-4648-9c12-d456b575542a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 6, "chroma:document": "Please see Appendix 2 for further details on the \nboundaries on this assessment."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1f8cf20e-f5c7-47d8-8119-cdd738fdcb36
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 7, "chroma:document": "8  PwC | State of Climate Tech 2021\n8  PwC | State of Climate Tech 2021\n2\nInvestment Analysis: \nApproach\nWhat is climate tech? Climate tech is defined as technologies \nthat are explicitly focused on reducing \nGHG emissions or addressing the impacts \nof climate change. Climate tech \napplications can be grouped into three \nbroad, sector-agnostic groups: \n1. Those that dir ectly mitigate or remove \nemissions."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 7, "chroma:document": "2."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1770fb2c-b864-432f-a7b1-0a5a9798bbd8
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 7, "chroma:document": "Those that help us adapt to the \nimpacts of climate change. 3."}


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topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f8a59689-2d44-42ac-bb7c-3ad31e86f4a1
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 7, "chroma:document": "Those that enhance our understanding \nof the climate. The term climate tech is purposely broad \nin order to incorporate the many \ntechnologies and innovations being used \nto address GHG emissions and the wide \narray of industries where they are being \napplied. Categorising climate tech start-ups by challenge area\nTo take a more detailed look at the market, the report considers climate tech in relation \nto six traditional industry verticals and two cross-cutting horizontals, aligned with key \nsectoral opportunities for climate action, as shown on the next page. We have enhanced \nour taxonomy from last year\u2019s analysis, this year introducing a financial services vertical \nand adjusting our title and definition of the climate change management and reporting \nhorizontal to better reflect the breadth and types of start-ups in this important area. How has PwC produced the \ndata to support this report? Our investment analysis is based on \nPwC\u2019s Climate Tech Investment Index, a \nproprietary and continually updated \ndatabase of climate tech start-ups and \ninvestors, built with machine learning \nmodels and extensive human verification, \npart of PwC\u2019s wider Climate Tech \nPlatform11 Funding data is provided by \nDealroom.co, a global data platform that \ngathers information on start-ups, \ninvestors and deals. Based on feedback from the investment \ncommunity, we have focused our analysis \non private markets and government \nfunding into climate tech start-ups. This \napproach has been taken to demonstrate \nthe financial trends in innovative climate \ntechnologies looking to scale up. This \nanalysis does not, therefore, include the \nsubstantial public markets or project \nfinancing of mature climate technologies \n(for example, large-scale renewable \nenergy projects such as wind and solar \nfarms), nor does it cover corporate \nresearch and development (R&D) funding \ninto climate tech. Additional detail on our \nmethodology can be found in the \nappendix."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: af2bfe0e-8bfa-4480-900b-f0fd010d6aed
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 8, "chroma:document": "9  PwC | State of Climate Tech 2021\nTogether these eight challenge areas, shown in the diagram above, encompass PwC\u2019s \u2018universe\u2019 of climate tech solutions. Each of \nthese eight challenge areas is then further broken down into specific net zero levers.9  These net zero levers are defined in further \ndetail in the appendix."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f1a6abef-1913-4b52-84e0-308df00eec57
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 8, "chroma:document": "The challenge areas broadly follow the industry classifications set out by the IPCC,10 which are typically used \nwhen discussing emissions reduction. Mobility and \ntransport\nEnergy Food, \nagriculture \nand land use\nIndustry, \nmanufacturing \nand resource \nmanagement\nBuilt \nenvironment\nFinancial \nservices\nGHG capture, removal and storage\nClimate change management and reporting"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 5171e73c-f79b-4ad4-843d-3a62cc1083f8
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 9, "chroma:document": "10  PwC | State of Climate Tech 2021\n10  PwC | State of Climate Tech 2021\n3\nKey findings:\nInvestment\nOverall funding levels\nH1 2021 set a record for climate tech \ninvestment levels, with in excess of \nUS$60bn raised by more than 600 climate \ntech start-ups. At over 200% year-over-\nyear (YoY) growth, it also represents the \nfastest the sector has grown in our \nrecorded dataset."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 76089643-fb7b-4dd1-90e9-14f464a8df2e
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 9, "chroma:document": "As mentioned in the \nintroduction, this looks set to continue, \nwith several notable megadeals in H2 \n2021 announced already."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: b3a21653-8db1-4575-9f1b-410707cf25cd
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 9, "chroma:document": "Key highlights12 \nFollowing rapid growth between 2013\u201318, \nclimate tech investment plateaued \nbetween 2018\u201320, as did the wider VC \nand private equity (PE) market, tempered \nby macroeconomic trends and the global \npandemic. However, climate tech investment growth \nrebounded strongly in H1 2021, \nbenefitting from latent capital being \ndeployed with an increased focus on \nESG. We identified over 6,000 unique investors, \nincluding venture capitalists, private \nequity, corporate VCs, angel investors, \nphilanthropists and government funds. Together, they\u2019ve funded over 3,000 \nclimate tech start-ups between 2013 and \n2021, covering nearly 9,000 funding \nrounds. Around 1,600 investors were active in H1 \n2021, participating in over 700 funding \nrounds. That compares to fewer than 900 \ninvestors active in H1 2020, indicating \nincreasing competition for climate tech \ndeals as the wider investment community \nbecomes familiar with the opportunity of \nclimate tech as an asset class. Investment into climate tech start-ups and number of deals\nSource: PwC State of Climate Tech 2021, analysis of Dealroom data\n Number of deals   Energy  Mobility and transport   Industry, manufacturing and resource management \n Built environment   GHG capture, removal an storage   Financial services   \n Climate change management and reporting  Food, agriculture and land use  \nInvestment (US$ bn)\nNumber of deals\n80080\n60\n40\n20\n0\n600\n400\n200\n0\nH1 \n19\nH2 \n18\nH1 \n18\nH2 \n17\nH1 \n17\nH2 \n16\nH1 \n16\nH2 \n15\nH1 \n15\nH2 \n14\nH2 \n13\nH1 \n13\nH1 \n14\nH2 \n20\nH1 \n21\nH2 \n19\nH1 \n20"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: fb39552b-98b4-4f89-ab04-f3ae1c07ba0e
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 10, "chroma:document": "Climate tech start-up funding by deal size\nSource: PwC State of Climate Tech 2021, analysis of Dealroom data\n Average deal size   Megadeals (>$100m)   Smaller deals\nFunding (US$ bn)\nAverage deal size (US$m)\n10080\n60\n40\n20\n0\n75\n50\n25\n0\nH1 \n13\nH2 \n13\nH1 \n14\nH2 \n14\nH1 \n15\nH2 \n15\nH1 \n16\nH2 \n16\nH1 \n17\nH2 \n17\nH1 \n18\nH2 \n18\nH1 \n19\nH2 \n19\nH1 \n20\nH2 \n20\nH1 \n21\n11  PwC | State of Climate Tech 2021\nThe Mobility and Transport challenge area \ncontinues to receive the largest amount of \nfunding, as electric vehicles, micro \nmobility and other innovative transit \nmodels continue to attract significant \ninvestor attention. Of the ten start-ups \nthat attracted the most investment in H1 \n2021, eight were in Mobility and \nTransport."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f09bb421-711f-4dff-843a-8aa92a65ae7b
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 10, "chroma:document": "Mobility and Transport also led in terms of \ngrowth rate, though with Industry, \nManufacturing and Resource \nManagement (IM&R) and Financial \nServices not far behind, each recording \nover 260% year-on-year growth between \nH2 2019 and H1 2021. In fact, only one \nvertical challenge area\u2014Built \nEnvironment\u2014recorded a growth rate \nbelow 90%, coming in at 20% growth. The horizontal challenge areas of GHG \nCapture, Removal and Storage and \nClimate Change Management and \nReporting recorded YoY growth rates of \n27% and 16%, respectively. Underlying \ndrivers are explored in the challenge area \nsections. The number of climate tech unicorns has \ngrown to 78.13 The majority of these \nunicorns sit in the Mobility and Transport \nchallenge area (43), followed by Food, \nAgriculture and Land Use (13), Industry, \nManufacturing and Resource \nManagement (10) and  Energy (9). Investment by deal size: Bigger \ntickets indicate a maturing \nasset class\nThe average deal size nearly quadrupled \nin H1 2021 from one year prior, rising from \nUS$27m to US$96m."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: cc8f78ae-e4e5-47f2-a9c6-ce4e9e37c383
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 10, "chroma:document": "This was over ten \ntimes the size of the average deal in H1 \n2013. Megadeals (ticket size of more than \nUS$100m) are also becoming increasingly \ncommon, with H1 2021 seeing the first \ntriple-digit number (122). These megadeals have driven much of the \ntop-line growth in climate tech start-up \nfunding. This is driven both by the growth \nin the number of megadeals, as described \nabove, and in the size of an average \nmegadeal. The average megadeal has \nrisen in size from US$130m in H1 2013 to \nover US$430m in H1 2021 (and has \ncorrespondingly increased the average \nsize of all deals to US$96m), indicating \nthat investment growth is being powered \nby a cohort of high-potential start-ups \nraising increasingly large amounts."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d33db96c-2f53-4923-bddf-e97d792a8b2c
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 11, "chroma:document": "Number of early stage rounds worth more than US$1m\nSource: PwC State of Climate Tech 2021, analysis of Dealroom data\n Seed   Series A   Early VC\n400\n300\n200\n100\n0\nH1 \n13\nH2 \n13\nH1 \n14\nH2 \n14\nH1 \n15\nH2 \n15\nH1 \n16\nH2 \n16\nH1 \n17\nH2 \n17\nH1 \n18\nH2 \n18\nH1 \n19\nH2 \n19\nH1 \n20\nH2 \n20\nH1 \n21\n12  PwC | State of Climate Tech 2021\nInvestment in early-stage  \nstart-ups: Stagnation suggests \nmore needs to be done to \nmaintain momentum\nProminent investors have set out their view \nof the scale they expect climate tech to \nreach. Bill Gates was quoted this year as \nsaying that \u2018there will be eight Teslas, ten \nTeslas [in climate tech, but that] only one of \nthem is well-known today.\u201914  Similarly, \nLarry Fink believes that \u201cthe next 1,000 \nunicorns [...] will be businesses developing \ngreen hydrogen, green agriculture, green \nsteel and green cement.\u201d15 "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 312bb356-d4d7-42de-b0ce-f92187da02d3
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 12, "chroma:document": "13  PwC | State of Climate Tech 2021\nDespite this, the number of early VC, seed \nand Series A investments has remained \nlargely stagnant since 2018, sitting \nbetween 260 and 320 deals in each of \nthose half-years.16 The fundraising \nsuccess of larger start-ups described \nearlier reflects the growing maturity of \nclimate tech as an asset class. But for the \nsector to achieve continued growth, it will \nhave to enable the next wave of start-ups \nthat will one day become climate tech \nunicorns and gigacorns."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f8e4f94f-cdc7-4b51-9319-73e1975d43da
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 12, "chroma:document": "We heard from investor interviews that \naccess to early-stage climate tech deals \nwas far more competitive than even a few \nyears prior, suggesting that the number of \ndeals has not been bottlenecked by \ninvestor interest. Instead, what is likely \ndriving this lack of early-stage deal \nvolume growth is a combination of two \nkey factors. Risk aversion: The first factor is that \nearly-stage investors are still largely \nfocused on \u2018safer\u2019 challenge areas. The \nprofile of funding across challenge areas \nis similar for early- and late-stage funding, \nsuggesting that early-stage investors are \nfocused on areas with demonstrated \nsuccess and a pipeline of late-stage \nfunding. More patient funding is needed \nfor currently immature challenge areas to \nunlock the next wave of breakthrough \nclimate innovations."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 43e4bdaf-6dce-415f-8687-21508a53ce10
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 12, "chroma:document": "Governments and \nsovereign investors will have a role to play \nhere to de-risk action and R&D. Talent pool: The second challenge, similar \nto the wider start-up community, is the \npipeline of climate tech talent. A few of \nour interviewees noted that there is a \ngrowing pool of talent, with many \nprofessionals pivoting into this space from \nwithin the tech industry. However, there \nremains a gap in terms of founders who \nunderstand the deep climate tech \nchallenges and how these can be solved. The interdisciplinary nature of climate tech \nacross industries means that it depends \non several different talent pipelines, unlike \nmore defined investment areas such as \nbiotech. "}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d8760634-45d6-4579-94cc-810cfaf32025
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 13, "chroma:document": "14  PwC | State of Climate Tech 2021\nSPACs have improved liquidity and \nprovided an alternative financing \nsolution for start-ups. This is particularly \nhelpful for deep tech, which is perceived \nas higher risk\u201d\n(Ramez Naam, Singularity University). Climate tech funding from SPACs\nSource: PwC State of Climate Tech 2021, analysis of Dealroom data\n  SPACs   Other funding types\nFunding (US$ bn)\n80\n60\n40\n20\n0\nH1 \n13\nH2 \n13\nH1 \n14\nH2 \n14\nH1 \n15\nH2 \n15\nH1 \n16\nH2 \n16\nH1 \n17\nH2 \n17\nH1 \n18\nH2 \n18\nH1 \n19\nH2 \n19\nH1 \n20\nH2 \n20\nH1 \n21\nSPACs: A tool in the climate \ntech toolkit accelerating growth\nSPAC investment into climate tech has \ntaken off, jumping from no investments in \nour dataset pre-2020 to US$3.5bn in 2020 \nand US$25bn in H1 2021 (over 40% of \nthe total funding in the latter period). The \nmajority of this, US$20bn, has been in \nMobility and Transport, with US$2.9bn \ngoing into Industry, Manufacturing and \nResource Management, US$1.4bn into \nFood, Agriculture and Land Use and \nUS$650m into Energy. SPACs provide an alternative way for \nclimate tech start-up management teams \nand sponsors to list their company and \naccess public market funding."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 7196d490-e98c-4f60-aec0-3453858e799c
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 13, "chroma:document": "Many in the \nVC climate tech community believe that \nSPACs have been advantageous for \nclimate tech. However, scrutiny from \nregulators (particularly the US Securities \nand Exchange Commission) has \nincreased in recent times, and market \nparticipants acknowledge that SPACs are \na tool that will be refined with time."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 71157f94-4679-4494-a363-af3775b6fd02
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 14, "chroma:document": "15  PwC | State of Climate Tech 2021\nPost-IPO climate tech \nperformance is booming\nClimate tech companies are also \ndemonstrating strong performance \npost-IPO. Below, we\u2019ve charted the \nperformance of the Energy Impact \nPartners\u2019 (EIP) Climate Tech Index against \nthe S&P 500.17 The index covers much of \nthe breadth of climate tech solution areas, \nincluding companies from the Mobility \nand Transport; Energy; Food, Agriculture \nand Land Use; and Industry, \nManufacturing and Resource \nManagement challenge areas. The Climate Tech Index has delivered \nsubstantially higher returns than the \nbenchmark, generating triple the returns \nbetween January 2020 and October 2021. This above-market growth coincided with \nthe emergence of many of the market \ndrivers examined in last year\u2019s State of \nClimate Tech report, such as increased \nregulatory and business commitments to \nnet zero. This relative success and \nsignificant appetite from public market \ninvestors provides a signal to private \nmarket investors that climate tech \nstart-ups can generate substantial exit \nopportunities. Whilst there has been a comparative \ndecline in return for the EIP Climate Tech \nIndex against the benchmark during 2021, \nthis is not unexpected in the aftermath of \na global contraction like that seen during \nthe pandemic, following which investors \nhave typically retreated in the short term \ninto safer asset classes. However, the \nEIP Climate Tech Index has started \nrebounding as of October 2021, boosted \nby strong demand signals in the run-up to \nCOP26. Some prominent venture capitalists are \ninnovating their fund designs to secure \ngreater financial returns from staying \ninvolved post-IPO."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6003eb42-0d6d-4efc-ab08-4ffc420a2d39
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 14, "chroma:document": "For example, Sequoia \nCapital announced this year that they \nwould be restructuring around a singular \nand permanent structure. The move is \ndesigned to better align interests among \nthe fund, founders and limited partners, \nand provide them with the flexibility to \ndeploy more patient capital.18 This has the \npotential to create additional financial \nvalue. Sequoia estimates that holding \nonto shares for just 12 additional months \nwould have resulted in over US$8bn in \nadded returns over the past 15 years,19  \nwhilst also scaling up the next generation \nof climate tech gigacorns. Total shareholder return for climate tech companies\nSource: Refinitiv\u2019s Return Index."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 57609d5c-1fe6-4cc2-90fe-e08f327bd0e2
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 14, "chroma:document": "Caption: Total shareholder returns for Energy Impact Partners\u2019 Climate Tech Index vs. the S&P 500 as a benchmark."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 8c1c70e6-e309-45be-a6ba-209165caa591
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 14, "chroma:document": "Indices are used with permission. EIP Climate Tech Index   S&P 500\nReturn\n500%\n400%\n300%\n200%\n100%\n0%\nJan 2020 Apr 2020 Jul 2020 Oct 2020 Jan 2021 Apr 2021\n"}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c71a6241-e705-45b8-a93b-9c37e20f74fb
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 15, "chroma:document": "16  PwC | State of Climate Tech 2021\n16  PwC | State of Climate Tech 2021\n4\nOverview by challenge area \nThis section of the report explores each of the challenge areas, which \nattract varying levels of capital depending on the maturity of the \ntechnologies within them. This includes a review of two key investment \nthemes selected from the sub-industry levers analysed for each \nchallenge area:  \n1    The lever receiving the most funding \n2    The fastest-growing lever\nThis review covers the last 12 months included in PwC\u2019s research \nanalysis, H2 2020 and H1 2021."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 15, "chroma:document": ""}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 848a2de4-afe2-404f-9fdb-e12d7701176a
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 16, "chroma:document": "17  PwC | State of Climate Tech 2021\nMobility and Transport \nChallenge area overview and climate challenge \nTransport is one of the fastest-growing sources of emissions globally, having increased by 71% since 1990,20 accounting for 16.2% of \nglobal emissions.21  The transition to electric vehicles has been a favoured tool for abating emissions.22  In addition, developments in \ngreen hydrogen in terms of synthetic fuels for transport are expected to be a key driver of the future hydrogen economy. 23  Use cases \nare explored further in the Energy section of this report."}


created_at: 2025-04-28 00:40:31
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: fdf73474-ded4-4373-bb3b-7e01422f3701
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 16, "chroma:document": "Business-as-usual continued growth in passenger and freight activity could outweigh all mitigation efforts unless transport emissions \ncan be strongly decoupled from GDP growth. Electrifying transport systems remains a vital part of the net zero transition. Notably \nlarge mobility platforms such as Uber, Lime and Arrival have recently committed to net zero emissions by 2035.24 \nWider interventions will also be critical, such as a greater focus on increasing the attractiveness of different mobility options (modal \nshifts, shared transport and avoided journeys), improved vehicle performance, alternative fuels, infrastructure and built environment \ninvestment. Headlines from PwC analysis \nInvestment level \n$58bn ( 281% YoY)   $132bn (133% CAGR)\nH2 2020 - H1 2021  H1 2013 - H1 2021\nNumber of deals \n348 ( 3.6% YoY) 2223 (33% CAGR)\nH2 2020 - H1 2021 H1 2013 - H1 2021\nChallenge area definition  \nThe challenge area comprises:\n\u2022  Developments that incr ease \nefficiency (of engines, design or \nmaterials) associated with \nmovement of goods or people by \nland, air or sea. \u2022  Development of electric vehicles \nand micro mobility vehicles, and the \ninfrastructure used to propagate \nthese technologies, including shared \ncar-ownership models and charging \npoints."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9c147eed-9e4e-4514-9c7c-b44e42551848
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 16, "chroma:document": "\u2022  Development of battery \ntechnologies for mobility \napplications and the associated \ninfrastructure. \u2022  Impr ovements to the efficiency of \ntransport systems, including use of \nautonomous and sensor \ntechnologies, improvements to \nmaintenance and repair and urban \nplanning and design. Most active investors\n(by number of deals and excluding \npublicly funded innovation agencies, \n for example, EIC, EIT InnoEnergy  \nand Eurostars)\n\u2022  Y Combinator\n\u2022  Sequoia Capital\n\u2022 T oyota\nUnicorns\nMobility and Transport contains the largest number of unicorns within PwC\u2019s analysis, \nwith 43 from a total of 78 across all challenge areas. The majority are EV-related (16), \nfollowed by efficient transport systems (13), batteries and fuel cells (five) and low GHG \nair transport (five). Nineteen of the unicorns are in the US and 15 are in China. Investment (US$ bn)\nMobility and Transport:  funding raised and number of deals\n13 H1\n   Number of deals  n Travel alternatives (VR, teleworking)  n Micromobility  n Low GHG shipping \n  n Low GHG light and heavy duty transport EVs and high efficiency vehicles \n n Low GHG air transport  n Efficient transport systems  n Batteries/fuel cells\n13 H2\n14 H1\n50 250\n40 200\n30 150\n20 100\n5010\n0 0\nNumber of deals\n14 H2\n20 H2\n21 H1\n17 H1\n17 H2\n18 H1\n19 H1\n19 H2\n20 H1\n18 H2\n15 H1\n16 H1\n16 H2\n15 H2\nSource:  PwC State of Climate Tech 2021, analysis of Dealroom data"}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c5925833-b7b7-4915-8e4a-cd315f3e32ef
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 17, "chroma:document": "18  PwC | State of Climate Tech 2021\nOur perspective\nDeal flow increased steadily from 20 in H1 2013 to a peak of 207 in H1 2019. More recently, deal flow has reduced (H2 2020: 155; H1 \n2021: 193) as technologies reach maturity, resulting in higher-value deals. This has been paired with a growth in investment levels (H2 \n2020: US$17bn; H1 2021: US$40bn), signalling an increase in megadeals, with the average deal size increasing from US$110m in H2 \n2020 to US$212m in H1 2021. Growth in the number of deals has shown early signs of slowing since 2018 as some of the main levers\u2014efficient transport systems \nand low GHG road transport\u2014reach maturity. Low GHG shipping, low GHG air transport and batteries and fuel cells recorded \nsignificantly fewer deals than the other levers, indicating the relative immaturity of these levers. Key levers \nInvestment themes: H2 2020 to H1 2021\n(1) Lever receiving the most funding: Low GHG light  \nand heavy vehicles\nDeals are increasing in this lever (H2 2020: 49; H1 2021: 58) \nalthough disproportionately to investment levels (H2 2020: \nUS$12.2m: H1 2021: US$20.4m). The average deal size has \nincreased from US$249k to US$352k."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d92490f0-3080-408b-b844-08a6e32ac5b5
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 17, "chroma:document": "This is to be expected as \ntechnologies such as EVs are maturing, reaching their market \npenetration tipping points, resulting in an increase in megadeals. Noteworthy start-ups:25 \n\u2022  Lucid Motors, a Silicon Valley start-up that designs, develops \nand builds luxury EVs, raised US$6.9bn in the period. \u2022  Plus, whose mission is to develop self-driving trucks to make \nlong-haul trucking safer, cheaper, more comfortable and better \nfor the environment, raised US$1bn in the period."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 4245608e-2865-44f5-88a5-cd9a640a2fdb
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 17, "chroma:document": "2. Fastest-growing lever: Batteries and fuel cells \nGrowing at a rate of 1,722% YoY , investment in this lever peaked \nin H1 2021 at US$5.9bn from just 18 deals. This has been fuelled \nby a number of factors, including the need for energy storage \ncapacity to support renewables and EVs reaching their market \ntipping point."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 515a0c09-dae9-4b8f-ad0f-428b19045eeb
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 17, "chroma:document": "Noteworthy start-ups: \n\u2022  Northvolt raised US$3.4bn in the period, producing lithium-ion \nbatteries with clean energy. \u2022  Ample raised US$24.5m in the period, using modular battery \nswapping for fast charging and providing price-competitive \ncharging infrastructure. "}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 69743fd5-019a-4286-ba91-587ce1241135
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 18, "chroma:document": "19  PwC | State of Climate Tech 2021\nLow GHG shipping \nShipping is a highly polluting yet frequently overlooked sector, responsible for nearly 3% of global emissions.26 With around 90% \nof world trade relying on the sector, it is under increasing pressure to decarbonise. Despite this, limited funding is being invested \ninto start-ups in this sector, with around US$113.5m of investment between 2013 and H1 2021 into only 15 start-ups, making it \nthe second least invested-in lever in Mobility and Transport."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: ba11e303-81d2-497e-8b11-cf6ef017bde8
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 18, "chroma:document": "Increased efficiency  \nThe highest level of funding has been funneling into software solutions that help shippers to increase efficiency through access to \nhigh-fidelity transportation data and predictive insights across their supply chain to reduce emissions. For example, Nautilus Labs \nraised US$13m to build AI software to advance the efficiency of ocean commerce. Elsewhere, Envoy raised $5.8m to help \neliminate pollution from boats around the world with electric propulsion technology. Fossil fuel reduction\nInvestment into fossil fuel reduction in shipping remains nascent. There are some start-ups raising investments that focus on \nmotor technology, including electric outboard motors (Oceanvolt, Pure Watercraft). However, typically the technology being \ndeveloped is for smaller, recreational boats rather than long-haul shipping. There is also some investment into fuel-saving \ntechnologies such as hydrofoils and auxiliary wind propulsion for ships, but again, this remains limited. Why?"}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c8a06c7f-7033-41bb-b9c9-3447813783ee
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 18, "chroma:document": "\u2022  Lack of regulatory incentives, such as carbon levies, resulting in unambitious sector decarbonisation targets. \u2022  Capital and time required to develop new technologies and infrastructure. \u2022  A green premium price for cleaner fuels, which reduces cost effectiveness and increases product prices. \u2022  Lack of communication, collaboration and technological alignment between different parts of the supply chain, including \ncountries, carriers, ports and manufacturers."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: bf4582f2-0957-4bf5-b70f-32ad3c27b9da
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 18, "chroma:document": "\u25cf Reduced competition and minimal entry points to the global ship ping industry. \u2022  Monopolistic nature of the global shipping industry, reducing competition and entry points for innovators. "}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: a5ee7621-d319-4348-b401-b3af33eded72
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 19, "chroma:document": "20  PwC | State of Climate Tech 2021\nEnergy\nChallenge area overview and climate challenge \nThe production, transport and use of energy make up almost three-quarters of global GHG emissions, with 13.6% of total emissions \nattributed to energy, representing one of the greatest opportunity areas to be addressed via climate technology and other \ndecarbonisation strategies, such as behaviour change.27  Rapid scaling of low-carbon energy is critical to curbing emissions and \nkeeping the world on track to meet the Paris Agreement goals. Yet the International Energy Agency (IEA) estimates that just 2% of the \nrecent US$16tn in fiscal support mobilised by governments to rebuild their economies affected by the COVID-10 pandemic was \nallocated towards clean energy."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9fe88425-5d9b-4b66-a96f-087a391dbba3
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 19, "chroma:document": "28  \nDespite this, year-on-year unit costs of renewables have continued to fall,29  while energy efficiency has increased,30  driven by \nlearning curves and economies of scale. Overall investment has been lower compared to other challenge areas, reflecting the relative \nmaturity of wind and solar, which have transitioned to debt, project and other forms of financing. However, the global fusion industry is warming up, with increasing levels of investment in 35 companies founded since 2010. In \naddition, VC investment in energy storage and more efficient smart grids for energy transmission are also required to support \ninnovation, the scale-up of renewables and the transition to e-mobility. Headlines from PwC analysis \nInvestment level \n$8.2bn ( 96% YoY)   $31.5bn (32% CAGR)\nH2 2020 - H1 2021  H1 2013 - H1 2021\nNumber of deals \n295 (no change YoY) 2110 (17% CAGR)\nH2 2020 - H1 2021 H1 2013 - H1 2021\nChallenge area definition \nThe challenge area comprises:\n\u2022  Pr oduction, development and \ndistribution of alternative fuels. \u2022  Measur es that support proliferation \nof renewable energy, including  \nload balancing (storage) and \nsupply-demand balancing \nmechanisms."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: d1b2139d-1db2-4596-ba70-9a38e347acb1
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 19, "chroma:document": "\u2022  Measur es that increase efficiency of \nthe energy sector or of energy-\nintensive electronics (such as data \ncentres) and reduce any associated \nGHG emissions. It excludes measures that create \nefficiencies for fossil-fuel energy \ngeneration, such as improvements to \nventing or flaring mechanisms on oil \nand gas refineries. Most active investors\n(by number of deals and excluding \npublicly funded innovation agencies, \n for example, EIC, EIT InnoEnergy  \nand Eurostars)\n\u2022  T otalEnergies Carbon Neutrality \nVentures\n\u2022  Br eakthrough Energy Ventures\n\u2022  Demeter\nUnicorns\nNine of the total 78 climate tech unicorns identified in this report are in the Energy \nchallenge area (12%). The leading levers are high efficiency energy intensive electronics \nand smart monitoring / management (three) and renewable energy generation (three). 5\n4\n3\n2\n1\nInvestment (US$ bn)\nEnergy: funding raised and number of deals\n13 H1\n13 H2\n14 H1\n   Number of deals  n Waste heat capture/conversion/storage n Renewable energy generation n Nuclear\n generation n Low GHG extraction and maintenance n High efficiency energy intensive electronics, and smart\nmonitoring / management n Grid management n Energy storage (thermal /electric) n Alternative fuels\n14 H2\n16 H1\n15 H1\n16 H2\n15 H2\n17 H1\n17 H2\n18 H1\n18 H219 H119 H220 H1\n20 H2\n21 H1\n200\n150\n0\nNumber of deals\n100\n50\n0\nSource: PwC State of Climate Tech 2021, analysis of Dealroom data"}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2b45e976-9607-4e00-bb79-1d8780ebec45
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 20, "chroma:document": "21  PwC | State of Climate Tech 2021\nOur perspective\nInvestment growth has come from an increase in the size of deals, rather than the number of deals. The average deal size has \ndoubled from US$15m (H1 2020) to US$31m (H1 2021). Investor interest has been stimulated by hydrogen and energy storage, as \nEVs reach their tipping point, coupled with forecasts of potential lithium shortages.31 The markets for both hydrogen and battery \nstorage are still relatively immature, and a combination of corporate and regulatory demand signals indicate they are primed for \ndisruption. There has been a wave of announcements in terms of national hydrogen strategies, including France, Portugal, Spain, Australia, \nGermany, the Netherlands, the UK, Norway, Canada, Chile, Finland and Japan. This, in turn, has resulted in announcements of \nhydrogen projects, mainly in the production of green hydrogen, although there are a number of wider use cases.32  It is predicted that \ngreen hydrogen growth will continue based on global climate ambitions and sector-specific activities.33 However, it is unclear, without \nbinding national commitments and targets, how quickly these projects will become cost-competitive with fossil fuels. We explore this \nfurther in the hydrogen spotlight box overleaf. The EU\u2019s Fit for 55 Hydrogen Strategy is accelerating the rollout of hydrogen infrastructure in Europe and growing the addressable \nmarket for green hydrogen start-ups.34 The EU has also set out plans in its ReFuelEU Aviation initiative to increase the proportion of \nsustainable aviation fuel in Europe from 0.05% in 2020 to 5% by 2030, and rising further to 63% by 2050.35 Investors view alternative \nfuels like these as key transitional technologies that can be rapidly deployed using existing infrastructure. Key levers \nInvestment themes: H2 2020 to H1 2021\n(1) Lever receiving the most funding: Renewable  \nenergy generation\nThe number of deals has remained relatively flat (H2 2020: 144; \nH1 2021: 151) for this lever. This is despite funding increasing \nfrom US$882m in H2 2020 to US$2.4bn in H1 2021. This \nindicates an increasing number of megadeals, as this lever \nhouses maturing technologies that are attracting higher-value \ndeals. Similarly to last year, the largest deals include maturing \ntechnologies such as solar and wind. Noteworthy start-ups: \n\u2022  Gr een Hydrogen Systems  raised US$196m in the period, \nproducing standardised and modular electrolysers for the \nproduction of green hydrogen. \u2022  Eavor T echnologies raised US$40m in the period, providing a \ngeothermal energy solution."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 20, "chroma:document": "Their Eavor-Loop closed system \nharvests heat from deep within the Earth to be used for \ncommercial heating or to generate electricity using \nconventional heat to power engines."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 64809b33-1ee4-4d15-b18d-1127cae7da13
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 20, "chroma:document": "2. Fastest-growing lever: Energy storage \nEnergy storage is seeing continued growth in investment (H2 \n2020: US$1bn; H1 2021: US$1.2bn), which is being driven by an \nincrease in deals (H2 2020: 20; H1 2021: 27). This indicates a less \nmature technology area, with fewer megadeals than the broader \nclimate tech asset class. Noteworthy start-ups: \n\u2022  QuantumScape raised US$780m in the period, producing \nsolid-state batteries for EVs, attracting investment from a range \nof investors and corporate VC. \u2022  Malta raised US$50m in the period for electro-thermal energy \nstorage systems that provide a new grid-scale technology to \ncollect and store energy for long durations."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 20, "chroma:document": ""}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 21, "chroma:document": "22  PwC | State of Climate Tech 2021\nGreen Hydrogen\nInterest in green hydrogen, which is produced by water electrolysis powered by renewable electricity, has ballooned over the past \nfour years. Green hydrogen holds growing promise in both meeting future energy demands and supporting the world\u2019s \ndecarbonisation efforts across multiple sectors, particularly heavy industries, long distance transport and power generation. Green hydrogen value chain  \n1. Production \nTo meet the expected demand for green hydrogen, the cost of electrolysis must decline, and its efficiency must increase. Green \nhydrogen production raised US$1.4bn between H1 2013 and H1 2021, with a CAGR of 60%. The majority of companies focused \non developing scalable, sustainable electrolyser technology that could enable wide-scale adoption. Notable start-ups include \nGreen Hydrogen Systems and H2Pro. 2. Distribution & Storage \nToday, hydrogen can be stored, converted to synthetic fuels or transported from point of production via pipelines, trucks or ships. At the point of use, additional infrastructure is required, such as compression, storage, dispensers, meters and contaminant \ndetection and purification technologies. VC investment into this part of the value chain is much lower compared to production, \nlargely because it requires capital-intensive investment to build the infrastructure required to distribute hydrogen. Investment is \nstarting to flow into hydrogen refuelling stations to support the rollout of fuel cell electric vehicles. For example, HTEC just raised \nCAD$217 million from Chart Industries Inc."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 21, "chroma:document": "and ISQ."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 71369855-9786-41c3-aef3-ed637369192a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 21, "chroma:document": "3. End-use \nThe most promising use of green hydrogen to date is in industrial processes (steel, iron and chemical) and long-haul \ntransportation (hydrogen fuel cell technology and integration of hydrogen technologies into commercial transport). This year, the \nSwedish green steel start-up H2 Green Steel raised US$105m of Series A funding to decarbonise steel production. Investors \nincluded Exor, Wallenberg\u2019s FAM, Italian steel company Marcegaglia and Swedish entrepreneur Cristina Stenbeck. Is hydrogen the next big thing?"}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 5ec19f7b-6d23-45d7-ad13-ba4722ac799b
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 21, "chroma:document": "There is a clear acceleration of government interest in hydrogen. Twelve countries and the EU recently published their national \nhydrogen strategies, and a further 19 countries are currently drafting theirs.36 The UK government announced that it hopes to \nattract around \u00a34bn of private-sector investment into low-carbon hydrogen energy production by 2030. 37 \nOn the corporate side, Shell, BP and Mitsubishi Power have announced their hydrogen plans, committing to green hydrogen \nprojects as part of their net zero strategies, and have started to ramp up their investment into hydrogen energy infrastructure. PwC estimates that global demand for green hydrogen could reach about 530 million metric tons by 2050, displacing roughly \n10.4 billion barrels of oil equivalent (around 37% of pre-pandemic global oil production).38 \nHowever, seeing green hydrogen as the silver bullet to decarbonisation across all sectors is overambitious, as it still faces \nregulatory, technical and economic challenges, particularly in certain end-use sectors. Investors need to start asking themselves \nwhich end-use sectors show the most promise."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 21, "chroma:document": "Production Storage & Distribution End-use\n"}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: e7829c21-f172-4f34-9bf3-57e7e49bc00a
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 22, "chroma:document": "23  PwC | State of Climate Tech 2021\nFood, Agriculture and Land Use \nFood systems are responsible for 20.1% of global GHG emissions,39 with the largest contribution coming from agriculture and land \nuse activities.40  When combined with increasing anthropogenic pressures such as population increase, urbanisation and \nenvironmental degradation, society is presented with an exacerbated climate challenge connected to the world\u2019s global food \nindustry.41   \nThere is growing financial investment in plant-based meat and dairy alternatives, driven by consumer demand and media coverage.42  \nThe next generation of solutions is expected to focus on insect proteins for human and animal consumption,43  lab-grown meat44 and \ngenetic editing.45 \nFurther attention is required to reduce food loss and waste and to create more sustainable packaging solutions, which could also \nextend the shelf life of produce. These issues are important, given that food loss and waste make up approximately one-quarter of \nfood system GHG emissions.46 \nHeadlines from PwC analysis \nInvestment level \n$10.7bn ( 132% YoY)   $24.9bn (80% CAGR)\nH2 2020 - H1 2021  H1 2013 - H1 2021\nNumber of deals \n354 ( 3.5% YoY) 1922 (28% CAGR)\nH2 2020 - H1 2021 H1 2013 - H1 2021\nChallenge area definition \nThe challenge area comprises:\n\u2022  Food pr oduction methods, \ncommonly using biotech, that often \nreplace carbon intensive animal-\nbased products (e.g. synthetic \nproteins)."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 0c3a3599-b257-4e8d-9488-4e81c2f31f35
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 22, "chroma:document": "\u2022  Low GHG farming practices that \nimprove efficiencies or reduce \ncarbon emissions, such as precision \nfarming, vertical farming and \naeroponics. \u2022  Management and modification of \nnatural environments, in particular \nthrough reforestation, afforestation \nand avoided deforestation. \u2022  Land management to r educe carbon \nemissions (e.g. soil CO2 \nsequestration). \u2022  Any activity associated with r educed \nGHG emissions in food supply \nchains (e.g."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 822302b7-9ea8-41a6-b051-32ead1f8ac1f
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 22, "chroma:document": "eliminating spoilage). Most active investors\n(by number of deals and excluding \npublicly funded innovation agencies, \n for example, EIC, EIT InnoEnergy  \nand Eurostars)\n\u2022  SOSV\n\u2022  T emasek\n\u2022  New Cr op Capital\nUnicorns\nFood, Agriculture and Land Use records the second-highest number of unicorns in \nPwC\u2019s analysis after Mobility and Transport, 13 from a total of 78. Five of these are in \nalternative foods and low GHG proteins, three in value chain GHG reduction, two in \nprecision agriculture and robotics, two in vertical and urban farming and one in \nagricultural biotech and genomics. Investment (US$ bn)\nFood, Agriculture and Land Use: funding raised and number of deals\n13 H1\n13 H2\n14 H1\n14 H2\n16 H1\n15 H1\n16 H2\n15 H2\n17 H1\n17 H218 H1\n18 H2\n19 H119 H220 H1\n20 H2\n21 H1\n200\n150\n0\nNumber of deals\n8.00\n6.00\n4.00 100\n2.00 50\n0.00\nSource: PwC State of Climate Tech 2021, analysis of Dealroom data\n   Number of deals  n Vertical and urban farming (Inc aquaponics)  n Value chain GHG reduction \n  n Precision agriculture and robotics  n Low GHG fertilizers pesticides, insecticides and therepeutics \n n Low GHG/energy efficient equipment inc enabling software  n Land use management  n Earth and marine\nprotection  n Alternative foods/low GHG proteins n Agricultural biotech/genomics and natural solutions"}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 0dfe5407-0160-4ab0-8910-c3efd4ec81ea
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 23, "chroma:document": "24  PwC | State of Climate Tech 2021\nOur perspective\nKey levers \nInvestment themes: H2 2020 to H1 2021\n(1) Lever receiving the most funding: Alternative foods  \nand low GHG proteins\nInvestment in this lever is increasing (H2 2020: US$1.5bn; H1 \n2021: US$3bn) despite deal numbers reducing (H2 2020: 86; H1 \n2021: 70). The average deal size has more than doubled, from \nUS$17.4m to US$40.3m."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 5a9850a6-a27e-4dfa-9413-f145894af29a
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 23, "chroma:document": "This increase in deal size indicates that \nthe market is maturing, however, the average deal is not yet at \nmegadeal scale. Primarily, this growth has been driven by \nconsumer demand to live more sustainable lifestyles by reducing \nmeat intake. Noteworthy start-ups: \n\u2022  Mosa Meat raised US$90m during the period, producing \ncruelty-free, lab-grown, cultured meat from cow cells. \u2022  The Pr otein Brewery  raised US$26m during the period, \nsupplementing the market for protein alternatives by producing \nanimal-free fungal proteins for food."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: fbbd2682-130a-4df9-ba96-bf2459243774
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 23, "chroma:document": "2. Fastest-growing lever: Vertical and urban farming\nInvestment is rapidly growing in this lever (H2 2020: US$420m; \nH1 2021: US$1.2bn), with deal levels remaining stable (H2 2020: \n12: H1 2021: 13). The sharp uptick in investment in H1 2021 \ncould be attributed to a greater focus on ESG as well as a move \nto streamline supply chains after the significant disruption caused \nby the COVID-19 pandemic. Noteworthy start-ups: \n\u2022  Bowery Farming raised US$300m in the period for large-scale \nvertical farms, situated near cities to efficiently supply produce \nto consumers with reduced transport miles, less water input \nand no pesticides. \u2022  Intelligent Gr owth Solutions raised US$5m in the period, \nfocusing on creating ideal climates for plants using Internet of \nThings-enabled remote monitoring and control systems to \nmanage growing conditions in urban and vertical farms. Similarly to last year, the majority of investment has taken place in alternative foods and low GHG proteins, which has shown 111% \nYoY growth. This is largely driven by consumer demand for new products to enable more sustainable lifestyles, and a maturing \nchallenge area with greater levels of investor confidence bolstering the scale of investment. Agricultural biotech and genomics, natural solutions, value chain GHG reduction and vertical and urban farming have each raised in \nexcess of US$1bn between H2 2020 and H1 2021. "}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 3fe5919d-2b6c-4ce8-930e-b45764dc3b9e
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 24, "chroma:document": "25  PwC | State of Climate Tech 2021\nFood waste reduction technology\nFood waste is responsible for an estimated 6% of global GHG emissions,47  and this figure is likely to be higher in reality, as it \nexcludes food lost on the farm. In this section, we look at the supply chain from farm to fork and highlight where innovation and \nfunding are required."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: edb6f16b-c02b-4ffd-9200-406b2037c9a9
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 24, "chroma:document": "The food supply chain is segmented, starting with agriculture, followed by post-harvest, processing, distribution and, finally, \nconsumption. It\u2019s important to distinguish between food waste and food loss. Waste occurs when food that is fit for human \nconsumption is removed from the supply chain at distribution stages. Food loss is a result of inefficiencies in production and \nsupply.48  Food waste is more likely to occur at the retail and consumer end of the supply chain."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c521749c-77af-4c58-ab7c-964ddeadabc9
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 24, "chroma:document": "Food loss happens more so \nduring earlier stages of the supply chain. The infographic below illustrates where climate tech start-ups are intervening. Food loss from production to distribution forms \na significant proportion of the total food loss and waste globally at about 76%. This is compared to consumer food waste, \nwhich is about 24%.49  This highlights the need for ongoing innovation and investment in start-ups that address food loss \nat earlier stages, for instance, in the agricultural biotech industry. Notably, there are no start-ups at the processing stage, where \nR&D and innovation by companies around specific products will be required. Distribution\n(to supermarkets, \nrestaurants and \nconsumers)\nConsumption\n(in home and \nrestaurants)\nLoss\n24% \nOf total food lost\nAgriculture/\nProduction\n(picking and  \nsorting)\nPost harvest\n(handling, \ntransportation and \nstorage)\nProcessing\n(canning, baking, \njuicing)\nWaste\n76% \nOf total food lost\nSource: PwC analysis of Dealroom data and FAO"}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 5d18d12c-9734-4917-952f-ff1322585af3
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 25, "chroma:document": "26  PwC | State of Climate Tech 2021\nIndustry, manufacturing and \nresource management  \nGlobal industry and manufacturing are responsible for 29.4% of GHG emissions50 and are one of the most difficult challenge areas to \nabate due to the need to retrofit, upgrade and replace existing equipment and transform the associated supply chains. The materials \nand resources needed for industrial processes underpin everyday lives: chemicals form plastics, fertilisers and synthetic fibres, \nconcrete and metals are the basis of many infrastructure materials. Emissions result from energy used in the production of materials, manufacturing and industrial processes and emissions are \ngenerated by industrial processes themselves (such as CO2 emitted during a chemical reaction). Therefore, an absolute reduction in \nemissions from industry and manufacturing will require deployment of a broad set of mitigation options, including more efficient use of \nresources, more efficient processes and improved energy efficiency. Headlines from PwC analysis \nInvestment level \n$6.9bn ( 266% YoY)   $18.9bn (75% CAGR)\nH2 2020 - H1 2021  H1 2013 - H1 2021\nNumber of deals \n168 ( 10.6% YoY) 1137 (15% CAGR)\nH2 2020 - H1 2021 H1 2013 - H1 2021\nChallenge area definition \nThe challenge area comprises:\n\u2022  Reduction of emissions fr om the \nmanufacturing of large, heavy \narticles and materials. \u2022  Activities and actions to r educe, \nreuse or manage waste in \nmanufacturing."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 0c561664-a52c-4362-b09a-207f3fcbd633
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 25, "chroma:document": "\u2022  The cr eation of low GHG \nalternatives to traditional inputs (e.g. chemicals, steel and plastics)."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: c29ffb6c-ac25-4613-a3b7-beef06ccbe20
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 25, "chroma:document": "\u2022  Developments in manufacturing, \ndistribution and end of life that \nreduce material waste, improve \nrecycling rates, or recover and \nregenerate materials, including \ncircular economy models. Most active investors\n(by number of deals and excluding \npublicly funded innovation agencies, \n for example, EIC, EIT InnoEnergy  \nand Eurostars)\n\u2022  SOSV\n\u2022  Bpifrance\n\u2022  Khosla V entures\nUnicorns\nTen of the 78 unicorns in PwC\u2019s analysis are in this challenge area. The majority are in \nthe circularity recycling and materials efficiency lever (five) and energy/resource efficient \nmanufacturing processes (three). Investment (US$ bn)\nIndustry, Manufacturing and Resource Management: funding raised and number of deals\n13 H1\n13 H2\n14 H1\n14 H2\n16 H1\n15 H1\n16 H2\n15 H2\n17 H1\n17 H218 H1\n18 H2\n19 H119 H220 H1\n20 H2\n21 H1\n100\n75\n50\n0\nNumber of deals\n6.00\n4.00\n2.00\n25\nSource:  PwC State of Climate Tech 2021, analysis of Dealroom data\n   Number of deals  n Waste management technology  n Transformative circularity, recycling and low GHG /\n efficient materials  n Low GHG plastics or plastic alternatives  n Low GHG materials and materials recycling \n  n Low GHG iron, steel and aluminium   n Low GHG extraction, supply and maintenance n Low GHG concrete\n and alternatives for construction  n Low GHG chemicals (beyond plastics) n Industrial residuals treatment and\nmanagement n Energy/resource efficient manufacturing processes\n0.00"}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 9c8bc560-bf23-4231-bae8-b3b3f41dd207
encoding: FLOAT32
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 26, "chroma:document": "27  PwC | State of Climate Tech 2021\nOur perspective\nDeal flow has remained relatively flat (H2 2020: 82: H1 2021: 86), whilst investment in this challenge area has skyrocketed (H2 2020: \nUS$996m; H1 2021: US$5.9bn). Average deal size has grown from US$12.1m to US$68.6m over the period. This indicates a \nsignificant uptick in large deals, although not yet at megadeal scale due to the relative immaturity of the technologies in this  \nchallenge area."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 6f295faa-b970-4a89-8fa4-a7c8ef001298
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 26, "chroma:document": "To accelerate the scale-up and adoption of technologies that can help to achieve net zero in this challenge area, the private sector is \nstepping in to create market demand. This includes initiatives such as SteelZero, whereby large private-sector players such as \nLandsec and Lendlease are committing to procuring 50% net zero steel by 2030 and 100% by 2050.51 This is creating market signals \nthat support investment in these nascent technologies. Growth in this challenge area is underpinned by energy/resource efficient manufacturing processes, responsible for nearly 50% of the \ninvestment between H2 2020 and H1 2021. An increased focus on resource use and circular business models has also driven \ninvestment in transformative circularity, recycling and low GHG materials, responsible for a further 30% of investment in the period. Key levers \nInvestment themes: H2 2020 to H1 2021\n(1) Lever receiving the most funding: Energy / resource efficient \nmanufacturing processes\nBoth funding and deals have increased for this lever, but not \nproportionately (H2 2020: US$123m, 11 deals; H1 2021: \nUS$3.2bn; 16 deals). This has resulted in the average deal size \nincreasing from US$11.2m to US$200m over the period."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 72ca033a-0f9e-4d93-8473-87ef4a453c96
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 26, "chroma:document": "Efficiency in terms of energy and resources has risen up the \nagenda in line with governments and corporations setting net \nzero targets, resulting in greater investment and an increase in \nthe average deal size. Noteworthy start-ups: \n\u2022  Ginkgo Bioworks raised US$2.5bn in the period, specialising \nin using biotech to program cells to make things such as food, \nmaterials and therapeutics in an efficient way. \u2022  Diamond Foundry raised US$200m in the period,  \nculturing diamonds with a zero carbon footprint through  \na novel, energy-efficient plasma process, without the  \nneed for mining resources."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 211e228a-6c1d-423b-bf6b-23f9c5295202
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 26, "chroma:document": "2. Fastest-growing lever: Low GHG iron, steel and aluminium \nLow GHG metals remain at early stages of technology \ndevelopment and are highly expensive. However, the private \nsector is creating demand for investment in these technologies \nthrough initiatives such as SteelZero, which brings together \nleading organisations to speed up the transition to a net zero \nsteel industry. Such initiatives, as well as government and corporate \ncommitments to net zero, are expected to stimulate further \ninterest in this lever, which has shown colossal YoY growth \n(7,271%), as it was starting from a low historical baseline (H2 \n2020: US$0: H1 2021: US$171m). Noteworthy start-ups: \n\u2022  H2 Gr een Steel raised US$105m in the period, accelerating \nthe decarbonisation of steel production through raw-material \ninnovation and efficient AI-driven processes, powered by \nrenewable energy. \u25cf  Boston Metal raised US$66m in the period, electrifying \nprimary steelmaking using their patented molten oxide \nelectrolysis process to produce liquid iron, paired with \nrenewable energy to produce zero carbon emissions. "}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1e93eb6d-3597-490c-9891-514d4d62b0b4
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 27, "chroma:document": "28  PwC | State of Climate Tech 2021\nBuilt environment\nChallenge area overview and climate challenge \nBuildings and construction are responsible for 20.7% of global GHG emissions.52 Operational emissions account for nearly two-thirds \nof this, while the remainder comes from embodied carbon emissions, or the \u2018upfront\u2019 carbon that is associated with materials and \nconstruction processes. To eliminate the carbon footprint of the built environment, both buildings and materials must become more efficient, smarter and \ncheaper. Small-scale efficiencies such as improvements in heating, lighting or appliances will also play a role. Given the breadth of the built environment\u2019s impact, more pivotal solutions will also be needed, for example, building-level electricity \nand thermal storage, innovative construction methods and transformative circularity and sensor-led smart building management. Headlines from PwC analysis \nInvestment level \n$1.4bn ( 19.3% YoY)   $8.6bn (25% CAGR)\nH2 2020 - H1 2021  H1 2013 - H1 2021\nNumber of deals \n79 ( 30.1% YoY) 830 (11% CAGR)\nH2 2020 - H1 2021 H1 2013 - H1 2021\nChallenge area definition \nThe challenge area comprises:\n\u2022  High-efficiency fittings, fixtur es, \nlighting, and heating and cooling for \ncommercial and residential \nbuildings, including district-level \nsolutions. \u2022  Smart management of building \nenergy consumption using sensors, \nsmart devices, AI analysis of the \nensuing data and app control for \nconsumers."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: dab31a3a-df1c-4211-a42c-7b130eceffd1
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{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 27, "chroma:document": "\u2022  Efficient construction methods, with \nan emphasis on ease to construct \nand reduced waste on site (in \nparticular, modular construction, 3-D \nprinting and imagery/computing). Most active investors\n(by number of deals and excluding \npublicly funded innovation agencies, \n for example, EIC, EIT InnoEnergy  \nand Eurostars)\n\u2022  Demeter\n\u2022  Khosla V entures\n\u2022  Bpifrance\nUnicorns\nOne of the 78 current unicorns in PwC\u2019s analysis are in the Built Environment challenge area, \nRubicon, a provider of cloud-based waste and recycling solutions.53 \nInvestment (US$ bn)\nBuilt Environment: funding raised and number of deals\n13 H1\n13 H2\n14 H1\n14 H2\n16 H1\n15 H1\n16 H2\n15 H2\n17 H1\n17 H218 H118 H2\n19 H1\n19 H220 H1\n20 H2\n21 H1\n80\n60\n0\nNumber of deals\n2.00\n1.50\n1.00 40\n0.50 20\n.000\nSource:  PwC State of Climate Tech 2021, analysis of Dealroom data\n   Number of deals  n Transformative circularity and recycling  n Smart management of devices \n  n Low GHG construction processes  n High efficiency urban spaces and communities  n High efficiency\n space-water heating and cooling  n High efficiency lighting n Commercial and residential residuals treatment \nand management  n High efficiency fictures and fittings n Building level (electricity and thermal) storage"}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 1f22df3c-40dc-4dce-a96d-29b3e91e01c6
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 28, "chroma:document": "29  PwC | State of Climate Tech 2021\nOur perspective\nKey levers \nInvestment themes: H2 2020 to H1 2021\n(1) Lever receiving the most funding: Smart management  \nof devices\nAlthough this lever received the most funding in the period, both \nfunding levels and deal flow fell (H2 2020: US$206m, 12 deals; \nH1 2021: US$103m, five deals). This reflects the low level of \nfunding being received in the challenge area overall and the \nmaturation of smart technologies."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 43e8f640-6c9f-42ee-bcb6-a49745ef2ac9
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 28, "chroma:document": "As a result, it is likely that the \nstart ups in this challenge area are being funded by other project \nfinancing mechanisms as they become more widely adopted (for \nexample, large-scale smart city and digital twin projects). Noteworthy start-ups: \n\u2022  Connexin raised US$103m in the period, specialising in \nbuilding and operating smart-city infrastructure, supported by \nthe Internet of Things (IoT), to increase building efficiency. \u2022  Metrikus raised US$6.7m in the period, deploying smart \nbuilding platform systems and starter kits to increase building \nefficiency."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: f0128474-12d8-429e-80d2-db6b7cfd067c
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 28, "chroma:document": "2. Fastest-growing lever: Building level electricity \nand thermal storage \nStart-ups in this lever raised US$50m in the period, recording a \nYoY growth rate of 181%. It should be noted that the historically \nlow level of deal flow in this lever resulted in this high growth rate."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 70e356e5-ee7f-4a60-8ca1-3bbdf141ed03
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 28, "chroma:document": "This can easily be skewed by large deals. In this case, H1 2021 \nwas bolstered by Dcbel, which raised US$40m in the period. Both investment levels and number of deals have increased (H2 \n2020: US$6.9m, one deal: H1 2021: US$43.5m, three deals). The \naverage deal size has doubled from US$6.9m to US$14.5m. This \ntrend mirrors the Energy challenge area, where energy storage is \nthe fastest-growing lever. Therefore, despite being skewed by a \nlarge deal, this trend is expected to continue, as the focus on \nelectrifying our systems to achieve net zero increases. Noteworthy start-ups: \n\u2022  Dcbel raised US$40m in the period. It creates an AI-powered, \nrenewable-energy ecosystem, providing customers with \naccess to solar energy for EV charging, smart home energy \nmanagement and backup power."}


created_at: 2025-04-28 00:40:32
topic: persistent://default/default/ff41f70e-78a5-4746-9e39-8f885e260b3d
id: 2245b861-0c0e-44d6-9828-9d08f1b4442a
encoding: FLOAT32
metadata:
{"source": "/content/AD_CombinedData_Accenture PWC CapGemini/Data_pwc-state-of-climate-tech-report.pdf", "page": 28, "chroma:document": "\u2022  V oltStorage  raised US$6.9m in the period, developing \nnext-generation batteries for residential and commercial \nbuilding-level storage. Their batteries use iron salt technology \ninstead of lithium and use an iron-based storage medium; iron \nis a more abundant material. Investment in Built Environment start-ups has been slow, with the challenge area recording a CAGR of 25% from 2013 to H1 2021, \nwell below the overall growth rate of climate tech investment of 68%. In H1 2021, the challenge area raised the least of all the vertical \nindustries analysed (US$632m). This is likely due to the high capital intensity and technical risk of start-ups in this challenge area, \ndampening the appetite of traditional VC investors. There is a key role for strategic corporate VCs supporting start-ups to scale with their expertise and capital. In addition, creating \nmarket demand by committing to transitioning to certain materials will help to drive innovation in hard-to-abate areas. For example, \nthe Global Cement and Concrete Association has set out the Global Net Zero Roadmap for the industry to achieve net zero by 2050.54 \nInvestment levels and deal flow have slightly decreased (H2 2020: US$753m, 45 deals; H1 2021: US$632.5m, 34 deals), with the \naverage deal size changing minimally from US$16.7m to US$18.6m. "}


