What is the difference between climate tech and clean tech?

Climate tech includes some similar functions to clean tech, but climate tech primarily focuses on greenhouse gas emissions.

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This includes removing greenhouse gases in the environment and reducing future emissions.

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Climate tech initiatives include the following:

  • Agri-tech. Agri-tech helps mitigate greenhouse gases with initiatives such as reducing livestock manure, using less pesticides and improving crop-growing processes — for example, by using aeroponics.

  • Afforestation. To assist with carbon capture, afforestation creates new forests so that trees can reduce carbon dioxide and add oxygen to the air, reducing greenhouse gas emissions. Organizations work with the timber industry to help restore trees in degraded areas.

  • Carbon capture. The main gas contributing to climate change and global heating is carbon dioxide. Capturing carbon and preventing it from going into the environment can help mitigate the effects. Manufacturers are looking for clean energy using carbon capture technology, which takes carbon from the manufacturer, stores it, and turns it into hydrogen for power with minimal or zero greenhouse gas emissions.

  • Geoengineering. Also referred to as climate engineering, geoengineering’s goal is to alter the climate system to reduce the effects of climate change. One way to do this is to remove carbon dioxide from the atmosphere by capturing the gas and storing it below ground. Solar radiation management is another form of geoengineering that captures and reduces the sun’s rays to prevent warming the Earth.

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What’s the difference between climate tech and clean tech?

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Climate tech includes some similar functions to clean tech, but climate tech primarily focuses on greenhouse gas emissions. However, these emissions are only one portion of society’s effects on the environment.

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What’s the difference between climate tech and clean tech?

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State of Venture Q3 2022 Report

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The global venture ecosystem continues its slowdown in Q3’22 as funding decreases 34% quarter-over-quarter.

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Global venture funding reached $74.5B in Q3’22, hitting a 9-quarter low. The new funding level represented a 34% drop quarter-over-quarter — the largest quarterly percentage drop in a decade — and a 58% decline from the investment highs reached in Q4’21.

​Deal activity hit 7,936 deals total, marking a 9.5% quarterly drop and a 7-quarter low.  

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US-based companies raised $36.7B, accounting for just under half of global Q3’22 funding. Some of the quarter’s largest rounds in the region went to companies including TeraWatt InfrastructureTerraPower, and EnergyX.

Other Q3’22 highlights across the venture ecosystem include:

  • Q3’22 saw only 25 new unicorns (private companies valued at $1B+) — the lowest unicorn birth count since Q1’20. The US accounted for the majority (14) of these births. Leading entrants include Zhiji Auto ($4.4B valuation), Tridge ($2.7B), and 21.co ($2B).

  • 100M+ mega-rounds collectively accounted for $29.6B in Q3’22, marking a 9-quarter low and a 44% drop QoQ. Mega-round deal count dropped in all major regions to hit 144 in Q3’22, also a 9-quarter low. 

  • Retail tech funding declined 33% QoQ to $8.5B, even as deals ticked up 5% to 776. Average deal size YTD clocked in at $24M, down 35% compared to 2021 averages.

  • The fintech sector also continued to contract. With $12.9B raised across 1,160 deals, Q3’22 was the weakest quarter the sector has seen since Q4’20.

  • Global digital health deals fell to their lowest levels in 5 years, with $5B raised across just 419 deals. The US led, accounting for more than half (58%) of total digital health funding at $2.9B.

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State of Venture Q3 2022 Report

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PGF7T token info, Green, Web3, Dapps

PGF500 has a token on the Ethereum network, called PGF7T, which you can use to pay for subscriptions and services within the PGF500 platform.

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You will need to have Metamask to pay with PGF7T token.

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We have chosen to adopt blockchain technology for the launch of 2 innovative decentralized Dapps.

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We believe in Web3 and in the strength of communities.

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The token is on the Ethereum smart contract 0x9fadea1aff842d407893e21dbd0e2017b4c287b6 ,

and the code is public at https://etherscan.io/address/0x9fadea1aff842d407893e21dbd0e2017b4c287b6#code

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QuickSwap smart contract:

0xdd0fDc648a9dbC9be5A735FE4561893a13399Da2

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🔴 It is possible to buy and sell PGF7T tokens on Uniswap and QuickSwap Exchanges.

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PGF7T token will be listed on other Exchanges soon.

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Price:  PGF7T

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..Our NFTs

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Enjoy the Journey 🚀

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PGF500 Team

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WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle

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The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30 companies, educative groups, and other institutions, will research the impact of the energy consumption of these technologies, and how they can be used to aid the current decarbonization efforts.

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WEF to Use Web3 to Fight Climate Change

Web3, a term that groups cryptocurrency and blockchain-based technologies, is currently in the spotlight of energy groups that seek to determine if the use of these technologies is pernicious for the environment. The World Economic Forum (WEF) has decided to take these technologies into account, launching an initiative to investigate if they can be useful to the current fight against climate change.

The initiative, which was announced on September 21, is called the Crypto Sustainability Coalition, and it is composed of 30 different companies, educative organizations, and other institutions interested in this issue. Among these are known cryptocurrency-linked projects, like Solana, Avalanche, Circle, NEAR Foundation, Ripple, and the Stellar Development Foundation, among others.

This coalition, as part of the Crypto Impact and Sustainability Accelerator, another bigger initiative launched this same year, will inquire about the different ways in which these companies can organize to help in this endeavor. Brynly Llyr, head of blockchain and digital assets of the World Economic Forum stated:

An important and unique aspect of Web3 is that it uses technology to support and reward direct community engagement and action. This means we can coordinate the work of many individuals directly with one another, enabling collective action without centralized control.

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Different Study Areas and Criticism

This new initiative has already created different workgroups to investigate three key subjects related to crypto, blockchain, and their usage. One of these points has to do with the energy usage of these technologies, and how these can impact the climate and nature in the future.

Another of the key points has to do with how these Web3 technologies can change and be leveraged in order to decarbonize current activities. These applications might include mining and other decentralized activities.

The third subject has to do with standardizing and putting carbon credits in the blockchain, making the issuance and management of these instruments more transparent and trustable, and opening the doors for more people to participate in these markets.

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WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle

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PGF7T token info, Green, Web3, Dapps

PGF500 has a token on the Ethereum network, called PGF7T, which you can use to pay for subscriptions and services within the PGF500 platform.

.

You will need to have Metamask to pay with PGF7T token.

.

We have chosen to adopt blockchain technology for the launch of 2 innovative decentralized Dapps.

.

We believe in Web3 and in the strength of communities.

.

.

 

.

The token is on the Ethereum smart contract 0x9fadea1aff842d407893e21dbd0e2017b4c287b6 ,

and the code is public at https://etherscan.io/address/0x9fadea1aff842d407893e21dbd0e2017b4c287b6#code

.

QuickSwap smart contract:

0xdd0fDc648a9dbC9be5A735FE4561893a13399Da2

.

.

🔴 It is possible to buy and sell PGF7T tokens on Uniswap and QuickSwap Exchanges.

.

PGF7T token will be listed on other Exchanges soon.

.

Price:  PGF7T

.

.

..Our NFTs

.

Enjoy the Journey 🚀

.

PGF500 Team

.

~~~

PGF7T crypto info, Web3, Dapps

PGF500 has a token on the Ethereum network, called PGF7T, which you can use to pay for subscriptions and services within the PGF500 platform.

.

You will need to have Metamask to pay with PGF7T token.

.

We have chosen to adopt blockchain technology for the launch of 2 innovative decentralized Dapps.

.

We believe in Web3 and in the strength of communities.

.

.

 

.

The token is on the Ethereum smart contract 0x9fadea1aff842d407893e21dbd0e2017b4c287b6 ,

and the code is public at https://etherscan.io/address/0x9fadea1aff842d407893e21dbd0e2017b4c287b6#code

.

QuickSwap smart contract:

0xdd0fDc648a9dbC9be5A735FE4561893a13399Da2

.

.

🔴 It is possible to buy and sell PGF7T tokens on Uniswap and QuickSwap Exchanges.

.

PGF7T token will be listed on other Exchanges soon.

.

Price:  PGF7T

.

.

..Our NFTs

.

Enjoy the Journey 🚀

.

PGF500 Team

.

~~~

Green Stock Exchange Focused On ESG Seeks Path to Wall Street

  • Public firms to be required to meet ESG requirements or delist

  • GIX is seeking regulatory approval, expects to go live in 2023

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Wall Street may soon see a new stock exchange exclusively for environmentally focused companies amid a boom in demand for sustainable investments.

Green Exchange PBC is seeking regulatory approval to operate an exchange that allows investors to trade equities with a demonstrated commitment to ESG, according to executives. The Green Impact Exchange, GIX, would require public companies to show and stick to their ESG efforts, according to GIX Chief Executive Officer Daniel Labovitz.

“We are looking at how company’s govern themselves so green thinking isn’t just an afterthought, but threaded through their decision making from the very beginning, part of their core DNA,” Labovitz said in an interview.

Investments with stated environmental, social and governance aims are an increasing area of focus for corporate America as companies and investors look to preserve natural resources across the globe amid mounting political pressure. Some metrics used in determining the investments have been criticized for being hard to quantify, and at times with scant penalty when targets fall short.

GIX will enforce green-listing standards for companies, Labovitz said.

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“If you don’t do what is required you are delisted, which is a reportable, public event,” he said. “If you are not adhering to the standards, there is a penalty.”

Corporations that are registered on other stock exchanges, including Nasdaq Inc. and the New York Stock Exchange, can choose to dual-list. They don’t have to choose one exchange or the other.

Like other major US equities exchanges, the new trading platform will allow investors to buy and sell equities, but only those with a specific ESG focus. GIX is expected to go live in 2023 upon approval with the Securities and Exchange Commission, Labovitz said. Talks with the SEC are underway.

To help define ESG, other companies have added tools for certain investment goals. Last year, the NYSE developed a class of publicly traded assets tied to services that are beneficial to the environment. It also joined with workplace-equity platform Syndio to help measure pay and opportunity gaps.

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Read More: NYSE Adds Pay Equity, Opportunity Tracking Tools Amid ESG Push

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Investors have no shortage of exchange businesses to choose from. Nasdaq, Cboe Global Markets, and Intercontinental Exchange Inc.’s NYSE division each run multiple public exchanges, and there are dozens of private markets that operate inside banks. A new entrant will need sufficient investor interest to guarantee success. Already, with 16 equity exchanges, the competition for volume is fierce.

This would also be the first new exchange to register in the last two years, after MEMX, the Long-Term Stock Exchange and Miax Pearl got approval in 2020, according to filings with the SEC.

GIX’s founders hail from the NYSE, including Labovitz, who was previously in charge of writing regulatory policy, and Louis Pastina, former executive vice president in charge of operations at the exchange. James Buckley, regulation and compliance head at GIX, was former head of compliance at NYSE, according to the firm’s website.

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Green | ESG

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