x

“Climate Tech Opportunities for Developing Nations”

During the opening ceremony of BEYOND Expo 2024, Jason Ho, Co-founder of BEYOND Expo, welcomed Jon Creyts, CEO of Rocky Mountain Institute (RMI), to delve into the pressing need for global collaboration, investment, and technological innovation in combating climate change. Creyts emphasized the multifaceted impact of climate change on health, livelihoods, and communities, stressing the interconnectedness of sustainable development goals (SDGs).

Addressing the imperative for policy changes and initiatives to drive technology adoption worldwide, Creyts underscored the transformative potential of electric vehicles (EVs) in regions like Delhi, where pollution from vehicular traffic poses significant health risks. He highlighted the economic advantages of transitioning to EVs, citing examples from countries like India and Nigeria, where embracing new technologies could yield substantial savings and foster economic growth.

Regarding accessibility and affordability of climate tech innovations in developing countries, Creyts framed the challenge as an opportunity for strategic intervention to redirect investment flows. He advocated for measures to expedite the transition away from carbon-intensive assets, such as carbon trading initiatives and Just Energy Transition partnerships, while emphasizing the need to accelerate innovation and scale existing solutions in sectors like steel, cement, and renewable energy.

In scaling up investment and fostering climate tech solutions, Creyts emphasized the pivotal role of public-private partnerships (PPPs) in aligning research, capital, and infrastructure to drive systemic change. Drawing on examples from industries like aviation, shipping, and steel, he highlighted the importance of stakeholder collaboration in creating conducive conditions for transformative action.

Reflecting on the ideal superpower to combat climate change, Creyts expressed a wish to dispel the notion of fossil fuels as a source of security and instead cultivate belief in renewable energy as the path to a cleaner, more sustainable future. He emphasized the affordability and viability of renewable sources like wind and solar, coupled with innovations in battery technology, as key drivers of a transition towards a secure energy landscape.

Hot this week

Gov Ododo Condemns Egbe Bandits’ Attack, Vows Justice for Fallen Heroes

By Noah Ocheni, Lokoja Kogi State Governor, Alhaji Ahmed Usman...

China Inaugurates 14th ‘Chinese Corner’ in Abuja

By Francis Wilfred The Chinese Embassy in Nigeria has inaugurated...

Sokoto Partners Livestock Insurance Firms to Boost Cattle Production

By Muhammad Ibrahim, Sokoto The Sokoto State Livestock Productivity and...

Christian Pilgrims celebrate First Lady Remi Tinubu’s 65th Birthday in Jordan

By Joyce Remi-Babayeju Intending Christian pilgrims from four states, including...

NAPS Backs Kogi Poly on Fees Increment, Shelves Protest

By Noah Ocheni, Lokoja The National Association of Polytechnic Students...

Senator Lalong Congratulates Plateau APC Woman Leader Alice Dimlong at 50

Senator Simon Bako Lalong, representing Plateau South Senatorial District...

Sokoto Govt Flags Off Food Distribution for Vulnerable Groups

By Muhammad Ibrahim, Sokoto The Sokoto State Government says it...

AIG Adenola Calls for Strong Police-Media Partnership in Bayelsa

The Assistant Inspector General of Police in charge of...

NAPS Backs Kogi Poly on Fees Increment, Shelves Protest

By Noah Ocheni, Lokoja The National Association of Polytechnic Students...

Only Traitors Wish For Nepal-Style Protest In Lagos, Says Group

The Defend Nigeria Movement (DNM) has joined in warning...

Military Uncovers Illegal Arms Factory in Plateau

By Israel Adamu, Jos Troops of the 3rd Armoured Division...

Interior Minister Inspects Centralised Passport Personalisation Centre

By Francis Wilfred The Minister of Interior, Dr. Olubunmi Tunji-Ojo,...

PWDs’ Protest: Kogi Govt Condemns Demonstration at CUSTECH, Reaffirms Merit-Based Employment

By Noah Ocheni, Lokoja The Kogi State Government has condemned...

Related Articles

Popular Categories

spot_imgspot_img