Climate-KIC to unveil €100 million investment in four new flagship programmes at European Business Summit

Climate-KIC has announced that it is supporting four new flagship programmes to accelerate its efforts in climate change mitigation and adaptation.

The new programmes will be supported by a combination of Climate-KIC, partner and external sources of funding at a level expected to exceed €100 million over the next four years and will start this year.

ebs-2014Climate-KIC Chief Executive Officer Mary Ritter will be discussing the details of the new flagship programmes as part of the “Education and Business for Innovation: Acting Together” panel discussion at the European Business Summit 2014 on 15 May in Brussels.

The new innovation programmes will incorporate a range of pioneering research, innovation and entrepreneurship in diverse technology sectors including:

  • Sustainable urban environments
  • Climate-friendly homes and offices
  • Exploiting CO2 as a resource
  • Catastrophe models for the finance industry

Mary Ritter said: “More than ever climate change is high on the agenda. These new flagship initiatives are long-term multimillion programmes that will provide focus and impact for Climate-KIC’s approach to climate change mitigation and adaptation.”

“These innovation programmes enable us to expand our work with climate experts, educators and innovative entrepreneurs across Europe to address climate change mitigation and adaptation – and shape the world’s next economy,” she said.

The four flagship programmes are:

Exploiting CO2 as a resource

Under the leadership of Bayer MaterialScience, the enCO2re programme will further broaden the approach for CO2 re-utilisation, connecting technology leaders as well as leading European universities and institutes in order to leverage a broad utilisation of CO2 as feedstock for chemical value chains. Bayer MaterialScience has successfully demonstrated the feasibility of utilising CO2 as polymer feedstock and has kicked-off the next phase of planning an industrial scale plant.

Turning CO2 into high-value products, as well as evaluating the required infrastructure, the programme will contribute to further decoupling energy and resource consumption from industrial growth.

Christoph Sievering, Head of Strategic Energy Management, Bayer MaterialScience commented: “Bayer believes in the potential of industrial symbiosis and open innovation. Climate-KIC offers a unique umbrella for further leveraging our ambitions to turn value chains into closed carbon cycles.”

“The Climate-KIC enCO2re flagship is an industry initiative for enabling CO2 re-use. Climate-KIC drives innovation by connecting industry and technology leaders and convinced us with its elaborate 3-pillar concept of innovation support, educational programmes and start-up acceleration,” Sievering said.

Other Partners of the enCO2re project include: Imperial College London, Delft University of Technology, Chalmers University of Technology, Laborelec, Institute for Advanced Sustainability Studies, RWTH Aachen, GDF Suez, TU Berlin, AkzoNobel.

Sustainable urban environments

The Smart Sustainable Districts initiative will help some of Europe’s highest profile city district developments become global exemplar projects testing smart, sustainable systems for replication in other urban areas world-wide. Initially working with four pilot districts from a wider collaborative network of 12, the project will bring together some of the most advanced innovations from Climate-KIC’s network of over 200 partners. The project is led by Imperial College; Institute for Sustainability; TU Berlin; TNO; TU Munich; and Utrecht Sustainability Institute.

Ian Short, Chief Executive of the Institute for Sustainability, commented: “Climate-KIC’s investment will not only help identify and mainstream a wide range of new products, technologies and services, but reinforce Europe’s position as leading the climate change adaptation and mitigation agenda.”

“Smart Sustainable Districts’ focus is on how we make change at scale against the complex background of cities and their existing infrastructure. Activity is designed to deliver against ambitious targets in four pilot districts, while capturing valuable lessons on how we can adapt new approaches for much wider application across Europe and beyond,” said Short.

Climate-friendly homes and offices

The Building Technologies Accelerator will bring together multidisciplinary ‘living lab’ teams across Europe to address the climate impact of new building technologies and accelerate the potential of low carbon products and services in the built environment. By the end of 2014, a range of new prototype technologies will be ready to be launched across Europe’s building sector.

David Goatman, Partner, Head of Sustainability and Energy at global property consultant Knight Frank, stated: “Climate KIC is making an unprecedented investment into climate innovation via these four flagship programmes. These four flagship investments will deliver game-changing CO2 reductions and catalyse the development and up-scaling of new low carbon technologies across Europe. This in turn creates new jobs and economic growth across multiple countries.”

“The flagships bring together a wide range of private, public and academic organisations in a unique combination to develop new goods, products and services that address the climate change challenge,” said Goatman.

Other partners for the Building Technologies Accelerator include: Delft University of Technology; ETH Zurich; EMPA; Chalmers University of Technology; Knight Frank; and IVE Spain.

Catastrophe models for the finance industry

Lloyd’s of London has seen annual insurance losses due to extreme weather rise from $50bn in the 1980s to $200bn over the last decade. Climate-KIC’s OASIS+ programme is helping to address this climate driven challenge. The programme is well on the way to creating the world’s first open-access loss modelling framework – a software arena where state of the art extreme weather models are combined with models of damage and financial loss. Bringing together over 40 of the world’s leading insurers, reinsurers, ICT businesses and weather modellers they are already making insurance for extreme weather events more accessible and precise.

Partners include Imperial College London, ARIA, CEA/IPSL, CLIMPACT/METNEXT, Delft University of Technology, Deltares, Potsdam Institute for Climate Impact Research.

Visit our newsroom for the press release.

 
Articles you may be interested in
In The News
EIT Climate-KIC’s Open Accelerator: collaboration, not competition

It is no secret that to tackle climate change...

EIT Climate-KIC’s Open Accelerator: collaboration, not competition
In The News
New platform inspires sustainable Nordic wood construction

This week marks the launch of NoMuWood.com, an EIT...

New platform inspires sustainable Nordic wood construction
In The News
European Union launches Pact to support citizen-led climate action

On Wednesday 16 December, the European Commission is launching...

European Union launches Pact to support citizen-led climate action
In The News
“An avalanche of hope and energy”: The power of Paris

Our Climate Champions 2020: Melissa Capcha. Five years on...

“An avalanche of hope and energy”: The power of Paris
In The News
“Let’s find ways to take action within our abilities”

Our Climate Champions 2020: Gopal Kumar Mohoto. Five years...

“Let’s find ways to take action within our abilities”
In The News
“Climate change is outpacing us, there is no time for excuses”

Our Climate Champions 2020: Cristina Aleixendri Muñoz. Five years...

“Climate change is outpacing us, there is no time for excuses”
In The News
COP26 gives Scotland “a platform to showcase… what’s possible”

Our Climate Champions 2020: Kit England. Five years on...

COP26 gives Scotland “a platform to showcase… what’s possible”
In The News
COP26 might be postponed but “climate action cannot wait”

Our Climate Champions 2020: Melani Furlan. Five years on...

COP26 might be postponed but “climate action cannot wait”
In The News
A climate service for flood risk mapping in urban areas

The SaferPlaces project, supported by EIT Climate-KIC, has created...

A climate service for flood risk mapping in urban areas
In The News
Raising climate awareness through art in the Glasgow City Region

The Glasgow City Region uses arts as a means...

Raising climate awareness through art in the Glasgow City Region
In The News
Helping Europe achieve a circular economy transition

EIT Climate-KIC, EIT RawMaterials, EIT Digital, EIT Food, EIT...

Helping Europe achieve a circular economy transition
In The News
EIT Climate-KIC and EASME host WCEF event on circular economy

The World Circular Economy Forum brings together business leaders,...

EIT Climate-KIC and EASME host WCEF event on circular economy
In The News
Citizens across globe eager to contribute to a post-COVID recovery

Over 4,500 citizens from around the world will join...

Citizens across globe eager to contribute to a post-COVID recovery
In The News
Transformative climate action and COP26: Join our webinar

Are you working to deliver transformative change for a...

Transformative climate action and COP26: Join our webinar
In The News
Madrid, Amsterdam and Milan: Three cities putting citizen participation at the...

The Extinction Rebellion or Fridays for Future global actions...

Madrid, Amsterdam and Milan: Three cities putting citizen participation at the heart of climate action
In The News
EIT Climate-KIC selected to become a member of the European Circular Economy S...

EIT Climate-KIC circular economy expert, Cliona Howie, will join...

EIT Climate-KIC selected to become a member of the European Circular Economy Stakeholder Platform
In The News
Partnering with EIT Climate-KIC on the New Accelerator: Call for Expressions o...

We are looking for new and existing EIT Climate-KIC...

Partnering with EIT Climate-KIC on the New Accelerator: Call for Expressions of Interest
In The News
EIT Climate-KIC leads collective efforts to accelerate Madrid’s transition t...

A cross- KIC (Knowledge and Innovation Community) initiative is...

EIT Climate-KIC leads collective efforts to accelerate Madrid’s transition towards carbon neutrality
In The News
The Human Capital project is the EU educational sector’s answer to robots ta...

Supported by the European Institute of Technology (EIT) and...

The Human Capital project is the EU educational sector’s answer to robots taking over jobs—and AI has a role to play
In The News
New online magazine Branch explores the sustainability of the internet

This week saw the launch of Branch magazine, a...

New online magazine Branch explores the sustainability of the internet
In The News
Four EIT Climate-KIC innovators nominated for EIT Awards

Four EIT Climate-KIC innovators have been nominated to win...

Four EIT Climate-KIC innovators nominated for EIT Awards
In The News
EIT Climate-KIC selected to advise European Commission on sustainable finance

The newly created EU Platform on Sustainable Finance brings...

EIT Climate-KIC selected to advise European Commission on sustainable finance
In The News
bound4blue’s innovative wingsail technology gathers recognition across Europe

Cristina Aleixendri, Co-founder and COO of the Spanish start-up...

bound4blue’s innovative wingsail technology gathers recognition across Europe
In The News
EIT Climate-KIC and Glasgow City Region join forces, helping the region innova...

Home to one third of Scotland’s population and provider...

EIT Climate-KIC and Glasgow City Region join forces, helping the region innovate to become climate resilient
In The News
Cassetex from Bangladesh, Sosei from Uruguay and Carbon Craft Design from Indi...

More than 3,000 entrepreneurs from 56 countries participated in...

Cassetex from Bangladesh, Sosei from Uruguay and Carbon Craft Design from India win the seventh edition of ClimateLaunchpad
In The News
World’s biggest green business ideas competition now fully digital, free and...

The three-day Grand Global Final of the EIT Climate-KIC supported...

World’s biggest green business ideas competition now fully digital, free and accessible to all
In The News
Three cities building back better: Madrid, Milan and Amsterdam

EIT Climate-KIC will host a session at the 18th...

Three cities building back better: Madrid, Milan and Amsterdam
In The News
EIT Climate-KIC to work with Google on Impact Challenge

EIT Climate-KIC is delighted to announce that it will...

EIT Climate-KIC to work with Google on Impact Challenge
In The News
What role can finance play in the green recovery? EIT Climate-KIC and UNEP Fin...

EIT Climate-KIC, in partnership with the UNEP Finance Initiative,...

What role can finance play in the green recovery? EIT Climate-KIC and UNEP Finance Initiative ask leading thinkers to weigh in
In The News
EIT Climate-KIC supports European green recovery with €4 million for start-u...

EIT Climate-KIC is investing €4 million in nine climate...

EIT Climate-KIC supports European green recovery with €4 million for start-ups affected by COVID-19