Why do we need to urgently accelerate selected Breakthrough Innovation in Sustainable Technologies and what does it take to make it happen?
In this era of accelerate growth driven by technology, we profoundly believe in innovation as a key driver to address the world’s environmental crisis. Yet, according to the Global Sustainable Investment Review, only a very small percentage of the overall $35T per year investment in ESG is allocated to accelerating high-impact disruptive businesses, the so-called “Impact Unicorns”. Instead, most of the investments go into expanding the application of existing incremental technologies, extending public infrastructure and subsidizing large public corporations.