Latest news with #climateTech
Zawya
09-07-2025
- Automotive
- Zawya
EDC launches UAE's first eco-friendly driving training program in partnership with CarbonSifr
Abu Dhabi, UAE – In a pioneering move towards sustainability and smarter mobility, Emirates Driving Company (EDC) has officially launched 'Green Drive', the UAE's first Eco-Friendly driving training initiative, in collaboration with Abu Dhabi-based climate-tech company CarbonSifr. At Emirates Driving Company, our strategy is firmly built around sustainability as a core pillar of our operations and services. We are committed to adopting best practices that support the UAE's environmental goals. Reflecting this commitment, EDC has proudly achieved a AAA sustainability rating, the highest rating awarded by leading international agencies for exceptional performance in Environmental, Social, and Governance (ESG) practices. In line with this achievement, we have launched pioneering initiatives that bring our sustainability vision to life. One of these is the 'Green Drive' initiative, a practical step towards promoting sustainable practices by offering the UAE's first carbon-neutral driving training experience. This reflects our vision to protect the environment and contribute to the nation's goal of achieving climate neutrality. The initiative marks a significant step in EDC's ongoing commitment to environmental responsibility, aligning with the nation's net-zero ambitions and broader sustainability agenda. Green Drive ensures that the carbon emissions generated during practical driving lessons are measured and fully removed through internationally certified carbon removal projects — at no additional cost to the student. 'As the leading provider of driver training in Abu Dhabi, we recognize our role in shaping not just safer roads, but a more sustainable future,' said Khaled Al Shemeili, CEO of Emirates Driving Company. 'Green Drive is more than an initiative — it's a statement that climate responsibility belongs in every part of life, including behind the wheel.' Under the program, CarbonSifr uses internationally recognized carbon accounting methodologies to calculate the carbon footprint of each student's practical training sessions, taking into account fuel type, vehicle usage, and driving distance. These emissions are then removed through investments in globally verified environmental projects ensuring permanent and transparent carbon removal. 'Green Drive brings together innovation, data, and climate action in a simple, accessible way,' said Onur Elgun, CEO of CarbonSifr. 'The program allows students to partake in the UAE's first Eco-Friendly Driving Experience.' Initially available to students enrolled in EDC's VIP car driving license packages, the program is seamlessly integrated into the learning journey, requiring no extra steps or changes to the curriculum. Upon completion of their training, students receive a Certificate of Appreciation, acknowledging their contribution to sustainable driving education. The Green Drive program is designed to work with any vehicle type — not just electric or hybrid — and offers a unique blend of climate accountability and world-class driver instruction. EDC has plans to expand the initiative across additional license types and training packages in the coming months. This partnership reinforces EDC's role as a forward-thinking leader in driver education, leveraging technology to elevate both safety and sustainability. It also supports Abu Dhabi's broader smart mobility vision by embedding environmental thinking into the earliest stages of road use and mobility engagement. About Emirates Driving Company (EDC) Established in 2000, Emirates Driving Company is Abu Dhabi's premier provider of pre-licensing driver education and a trusted government partner in traffic safety. EDC is actively integrating artificial intelligence, virtual training, and smart yard technologies into its operations to deliver next-generation driving education across the UAE. About CarbonSifr CarbonSifr is a UAE/Abu Dhabi-based climate-tech company, part of Mubadala's Hub71 in Abu Dhabi. Dedicated to integrating climate action into everyday life, they provide technology solutions to measure, reduce, and remove businesses' carbon footprint. Recognized for its efforts, CarbonSifr is pivotal in promoting climate awareness and accelerating climate action in the Middle East. CarbonSifr is TÜV Rheinland certified and a member of the UAE Carbon Alliance, Carbon Accounting Alliance. You can find out more about CarbonSifr at
Zawya
08-07-2025
- Business
- Zawya
UAE Startup The Surpluss wins top global honour at 2025 BRICS Solution Awards
Rio de Janeiro, Brazil — The Surpluss, a UAE-based climate-tech start up, has been awarded first place in the Circular Economy category at the 2025 BRICS Solutions Awards held this week in Rio de Janeiro, Brazil. The win marks a major milestone for the company—and for the UAE's global positioning as a hub for sustainable innovation. At the 2025 BRICS Business Forum held on Saturday, July 5, the BRICS Solutions Awards unveiled this year's winning innovations—spotlighting scalable, high-impact technologies from across member countries. The awards recognize outstanding contributions in six key categories: bioeconomy, circular economy, digital transformation, energy transition, food security, and innovative financing. Designed to strengthen cooperation among BRICS nations and accelerate global adoption of sustainable solutions, the initiative drew over 500 applications from startups, public institutions, large enterprises, government bodies, and universities. Founded in the UAE, The Surpluss (a certified B Corp) is a multi-award-winning digital platform that enables traceable trade of surplus materials, products, and industrial resources. Operating across three continents, its mission is to make the circular economy profitable, measurable, and mainstream by enabling localized, data-driven transactions that unlock economic and environmental value from underutilized inventory and assets. 'We are immensely proud to see 'The Surpluss', a homegrown UAE company, win first place in the Circular Economy category at the BRICS Solutions Award 2025 in Rio de Janeiro. Securing top honours in our very first year of participation is a remarkable achievement—not only for the company but for the UAE's innovation ecosystem as a whole. This recognition reaffirms our country's commitment to sustainable, scalable solutions that contribute to global challenges. I encourage more UAE enterprises to come forward and showcase their ingenuity in future editions of the BRICS Solutions Award.' His Excellency Sultan Ahmed Bin Sulayem, Chair, UAE Chapter, BRICS Business Council; Group Chairman & CEO of DP World The BRICS Solutions Awards celebrate and promotes innovative projects that drive climate change mitigation, environmental sustainability, and the efficient use of natural resources. These awards spotlight high-impact initiatives tackling global challenges while fostering sustainable development across BRICS nations. Aligned with the strategic priorities of the BRICS Business Council (BBC), they strengthen BRICS' role as a global leader in advancing environmental and climate technologies. Among the initiatives recognized in the BRICS Solutions Awards are the development of liquid biochips for agricultural genotyping and mobile 3D concrete printers, capable of constructing buildings in half the time of traditional methods while also reducing emissions. 'This award reflects a broader shift in global industry – from seeing latent resources as a liability to recognizing them as strategic levers for industry transformation' said Rana Hajirasouli, Founder & CEO of The Surpluss. 'As a women-led start up, we are honoured to receive this award on such a prestigious international platform which reaffirms the UAEs' commitment to Sustainable Development and to exporting high-impact, locally developed solutions that can scale, globally'. With this global recognition, The Surpluss is accelerating its expansion across BRICS markets by embedding localized implementation models that enable industries to recover value from surplus, reduce disposal costs, and meet verified climate and resource efficiency targets. About The Surpluss Founded in the UAE, The Surpluss® is a multi-award-winning platform enabling traceable trade of excess materials, products, and resources. Its mission is to make sustainability profitable, measurable, and mainstream—creating new circular economies through digital infrastructure. The BRICS Solution Awards is promoted by the BRICS Business Council in partnership with the Brazilian Institute for the Development of International Business Relations (IBREI).
Globe and Mail
07-07-2025
- Business
- Globe and Mail
Chloris Geospatial Raises $8.5 Million Series A to Scale Satellite-Based Forest Carbon Monitoring
BOSTON , July 7, 2025 /CNW/ -- Chloris Geospatial, a climate-tech company pioneering satellite-based measurement of forest carbon and ecosystem change, announced today it has raised $8.5 million in Series A funding. The round was led by Future Energy Ventures, with participation from existing investors AXA IM Alts, At One Ventures, Cisco Foundation, Counteract, and Orbia Ventures. With this new funding, Chloris will accelerate product development, grow its commercial and technical teams, and deepen partnerships across corporate carbon accounting for forest risk commodities and the carbon value chain, meeting the market's rising demand for verifiable, high-quality nature-based solutions. The company will also expand its operations with a new European hub to support regional growth and customer engagement. The investment comes at a pivotal time for the climate and nature agenda, when trust, transparency, and scalable solutions are more urgent than ever. While the climate and nature crises are global issues, action is taken locally, by governments, project developers, investors, and supply chain actors working across diverse landscapes and regions. Aligning local actions with global ambition demands fit-for-purpose solutions that are both scientifically rigorous and operationally scalable at every level. Chloris' technology responds directly to this need, enabling better decisions through transparent, science-based insights. Developed under the guidance of Co-Founder and Chief Science Officer Dr. Alessandro Baccini , the Chloris technology uses satellite data, proprietary sensor fusion and machine learning to measure vegetation, going far beyond traditional land cover mapping. Chloris is uniquely positioned to provide high-quality, affordable, and timely data on what has happened in every acre of forest around the world since the year 2000. "This is a decisive moment," said Marco Albani , CEO and Co-Founder of Chloris. "To protect and restore nature at the pace and scale the climate demands, we need tools that make it easy to act—with confidence. That's what Chloris enables, and this investment allows us to take it to the next level. We're thrilled by the support of Future Energy Ventures and honored by the continued belief in our mission from all of our investors." As science has been telling us, forests are essential carbon sinks, biodiversity havens, and socio-economic assets—and the urgency to protect and restore them has never been greater. In the past year alone, record-breaking wildfires and declining biomass trends, visible in Chloris data, have highlighted the accelerating loss of forest carbon. Reversing this trend requires scaling investment in nature, but doing so depends on our ability to accurately quantify biomass dynamics with confidence and consistency. "We invested in Chloris Geospatial because we believe their technology is the missing link to restoring trust and unlocking growth in carbon markets, as well as improving accounting standards. The ability to independently, transparently, and affordably measure carbon dynamics across all woody vegetation globally represents a step change in how we monitor and account for nature-based climate solutions," said Patrick Elftmann , Managing Partner at Future Energy Ventures. Across both voluntary carbon markets and corporate supply chains, organizations are increasingly relying on satellite-based insights to assess, invest in, and monitor forest carbon projects and to report emissions and removals in alignment with protocols like the GHG Protocol. "At AXA IM Alts, investing in solutions that protect, restore, and sustainably manage natural capital is core to our mission. Our continuous support for Chloris reflects our belief that scalable, science-based measurement is critical to driving integrity and impact in both carbon markets and corporate climate strategies," said Adam Gibbon , Natural Capital Lead at AXA IM Alts. Chloris' clients include leading corporations working to monitor forest-risk supply chains and make data-driven decisions aligned with climate goals and carbon accounting standards, forward-looking developers of nature-based solutions, and innovative carbon markets standards. Organizations rely on Chloris' analysis to quantify forest carbon dynamics with confidence and integrate transparent, science-based data into their climate reporting. About Chloris Geospatial Chloris Geospatial is a leading provider of science-based forest carbon insights, combining AI, machine learning, and satellite technology to deliver high-integrity carbon data at scale. Chloris empowers businesses, governments, and project developers to make informed decisions with consistent, cost-effective, and verifiable data, maximizing impact on the ground. For more information, visit: About Future Energy Ventures Future Energy Ventures (FEV) is one of the leading platforms for early-stage climate tech startups and scaleups globally. Fund II, an SFDR Article 9 fund, invests in digital and digitally enabled climate technologies with high potential to redefine the energy world and build cleaner, smarter cities. Founded in 2016, FEV partners with exceptional founders and offers opportunities for financing, cooperation, and scaling through industry and investor partners. SOURCE Chloris Geospatial
TechCrunch
03-07-2025
- Business
- TechCrunch
Final GOP bill kneecaps renewables and hydrogen, but lifts nuclear and geothermal
Republican legislators Thursday passed a reconciliation act that, among other things, unwinds much of the Inflation Reduction Act. The bill, which passed 218-214 with two Republicans voting no, now awaits President Donald Trump's signature. Trump is expected to sign it. Solar, wind, and clean hydrogen will all lose incentives under the new bill, while nuclear and geothermal see some IRA benefits preserved. The final bill is largely what emerged from the Senate Finance Committee in mid-June, though the current version offers slightly longer timelines to claim clean energy tax credits than the committee draft. Solar and wind developers, to gain access to tax credits, will have to either connect to the grid by the end of 2027 or break ground on new projects within 12 months of the bill's passage. The data center sector may suffer the most under the new bill. For the last several years, solar, wind, and batteries have been an easy way for hyperscalers and developers to get inexpensive power quickly. Solar farms, for example, can typically be completed in 12 to 18 months, whereas backlogs for new natural gas turbines stretches into the early 2030s. Climate tech startups are certain to feel some pain, too. Green hydrogen startups may feel it most acutely; tax credits worth up to $3 per kilogram of hydrogen look likely to expire at the end of 2027, five years earlier than when they were scheduled to begin phasing out under the IRA. Geothermal, nuclear, and battery storage were spared somewhat, with their tax incentives surviving through the end of 2033. But new rules pertaining to 'foreign entities of concern' could make tax credits much harder to obtain.
Zawya
03-07-2025
- Business
- Zawya
GreenTeams Secures Series A Led by Oriza Greenwillow Technology Fund
Launches Extended Round to Accelerate Climate Tech Innovation Across Indonesia SINGAPORE - Media OutReach Newswire - 3 July 2025 - GreenTeams, a rapidly growing climate technology company advancing data-driven environmental governance in Indonesia, has announced the successful close of its Series A funding round. The round was led by Oriza Greenwillow Technology Fund. Operating at the intersection of environmental intelligence, regulatory compliance, and industrial decarbonization, GreenTeams empowers measurable climate action through its real-time emissions and air quality monitoring technologies. This funding milestone underscores investor confidence in GreenTeams' pivotal role in supporting Indonesia's Net Zero 2060 target. Following overwhelming interests from the investment community, the company is launching an extended round of funding, to onboard strategic partners to help to scale product innovation, AI-powered monitoring platforms, and regional expansion. ' GreenTeams is more than just a hardware provider — We're responding to the growing demand from both industry and government for credible, actionable environmental data. This funding allows us to deepen our national footprint, grow our team, and expand impact across multiple sectors. We are grateful for the trust of our partners in both the private and public sector, and would like to invite like-minded investors to join us in the extended Series A funding,' added Wilson B. Sutarko, CEO of GreenTeams. Since its inception, GreenTeams has evolved into a full-stack climate tech provider with deployments across more than 30 Indonesian provinces. Its flagship offerings — Continuous Emission Monitoring Systems (CEMS) and Air Quality Monitoring Systems (AQMS) — enable real-time data capture, emissions tracking, and regulatory reporting in key industrial sectors. In 2024, the company recorded 98% revenue growth year-on-year, driven by increasing regulatory enforcement, national decarbonization targets, and industry demand for ESG-aligned practices. GreenTeams also operates the first calibration laboratory in Indonesia to be accredited by KAN (SNI ISO/IEC 17025) for gas and air instruments, and has obtained ISO 9001 certification for quality management. ' GreenTeams has built a rare combination of field-proven systems, certified infrastructure, and deep domain expertise to serve a rising need in Southeast Asia's climate ecosystem,' said CK Tan, Managing Partner of Oriza Greenwillow Technology Fund. ' We are impressed by the execution capability of the management team, and their vision and commitment to the green efforts in Southeast Asia and beyond. GreenTeams plays a crucial role in building transparency and trust in environmental data — key pillars for any credible sustainability transition. Their early profitability and growth speak volumes '. With this capital, GreenTeams plans to: Scale nationwide deployment of monitoring systems across energy, manufacturing, and urban sectors. Advance AI-powered predictive tools for environmental forecasting and emissions analytics. Expand environmental data platform integrations to serve regulatory, industrial, and ESG markets Build capacity for regional expansion beyond Indonesia. Hashtag: #GreenTeams The issuer is solely responsible for the content of this announcement. GreenTeams GreenTeams Nusantara Pte Ltd, through its subsidiary PT. Trusur Unggul Teknusa is Indonesia's leading green climate tech company, driving scalable environmental impact through real-time monitoring technologies, data platforms, and certified infrastructure. With a presence across 30+ provinces and a decade-long track record, GreenTeams enables measurable progress toward Net Zero goals through patented solutions, regulatory-grade instrumentation, and Indonesia's first KAN-accredited calibration lab for air and gas. Learn more: Oriza Greenwillow Technology Fund The Oriza Greenwillow Technology Fund is a venture capital fund set up jointly by Greenwillow Capital Management Pte Ltd, an MAS-licensed fund management company based in Singapore, and Oriza Holdings, an investment firm from China with assets under management exceeding RMB120 billion. The Fund invests in early-stage technology start-ups in Singapore and the fast-growing markets of Southeast Asia, with a primary focus on the smart cities and health-tech sectors. For more information, please visit GreenTeams
