Thank you for featuring us, XPRIZE!
We are honored to be highlighted on NYSE’s latest episode of “Ones to Watch.” During the New York Climate Week, XPRIZE and the New York Stock Exchange collaborated to highlight companies on a mission to create a more equitable and abundant future for all. Thank you for the feature, NYSE! You can watch the full episode here.
David Hertz was invited to participate in the first-ever White House Building Climate Resilient Communities Summit. The Summit took place in the White House in September and emphasized the Biden-Harris Administration’s commitment to solutions that will dramatically reduce greenhouse gas emissions, better manage climate threats, and recognize the importance of locally tailored, community-driven strategies.
In addition to the Summit, the Administration has released the National Climate Resilience Framework, a vision for a climate resilient Nation designed to guide and align climate resilience investments and activities by the federal government and its partners. According to the official statement, The Framework identifies common principles and specific actions to expand and accelerate progress towards six objectives:
Embed climate resilience into planning and management.
Increase resilience of the built environment to both acute climate shocks and chronic stressors.
Mobilize capital, investment, and innovation to advance climate resilience at scale.
Equip communities with information and resources needed to assess their climate risks and develop the climate resilience solutions most appropriate for them.
Protect and sustainably manage lands and waters to enhance resilience, while providing numerous other benefits.
Help communities become not only more resilient, but also more safe, healthy, equitable, and economically strong.
According to a recent Emerging Tech Research from Pitchbook.com, Carbon & Emission Tech Startups raised $13.8 billion in 2022. The research explores "recent VC trends in carbon & emission tech, spotlights key players in the space, and highlights emerging opportunities in ocean carbon capture and biopolymers." Read the full report here.
California’s cap-and-trade program launched in 2013. According to Carboncredits.com, the program's basic concept is to "create a market-based compliance approach to drive investments in climate strategies. It's the only economy-wide carbon market in the U.S. and one of the largest ETS in the world. It supplements a range of various carbon reduction programs in the state". The program focuses on meeting California's climate goals:
To reduce emissions to 1990 levels by 2020 (completed in 2016),
40 percent below 1990 levels by 2030,
80 percent below 1990 levels by 2050
Additional goals include reaching 100% carbon-free electricity by 2045 and economy-wide carbon neutrality. You can learn more about the California Carbon Credit here.
Image Credit: https://www.linkedin.com/pulse/carbon-credit-lifecycle-part-net-zero-think
We brought our WEDEW to the Long Beach Convention Center for a two day ANA Avatar XPRIZE final testing event for the weekend. Skysource’s co-founder David Hertz spoke with the next generation about water abundance and making water from air.
Congratulations to the Grand Prize Winner of ANA Avatar XPRIZE Team Nimbro, second place winner Team Pollen Robotics and third place winner Roberto the Husky! It was great to see so many systems that will transport a human’s senses, actions, and presence to a remote location in real-time, leading to a more connected world.