Cleantech startups from 24 countries sign petition for enhanced climate action by world leaders

July 23, 2018

Press Release

 

In the midst of increasing extreme weather and a lack of energy security for billions, current efforts to mitigate climate change cannot remain static – the global energy transformation to efficiency, renewables and resilience must accelerate.

The purpose of this campaign is to recruit the do-ers, the people who will drive this change – to call on world leaders to get out of their way, raise their ambition, get on board and amplify the impact of their clean energy solutions in terms of emission reductions, reduced energy poverty, increased resilience, job creation and revenue growth.

“The power is in our hands – the disruptors and inventors, the entrepreneurs and founders, their startups and support organizations – to change the course of global warming and provide energy access to all. World leaders must enable us to make it happen. We will bring the commitment of 100s of innovators and investors to the Global Climate Action Summit in San Francisco in September to press for more support for our work. The GCAS is a platform to reinforce what steps world leaders must take to limit global warming, transition to a renewable energy economy, and scale the innovative cleantech solutions created and developed by entrepreneurs and organizations all over the world signed on to this call to action,” says Danny Kennedy, Managing Director of the California Clean Energy Fund.

This initiative is a continuation of the 2015 Entrepreneurs Call to Climate Action issued at UN climate talks held in Paris in December 2015. Then, 121 clean energy companies from 25 countries,  urged world leaders to increase their climate action efforts and invest in climate and energy entrepreneurs and solutions.

This year’s Entrepreneurs Call To Action statement has already generated signatures from 58 clean energy startups and organizations from 24 countries. California Clean Energy Fund and WWF aim to get 1000 signatories by September and present it on the world stage at GCAS.

Clean Energy Solutions are Here – They Need to be Scaled

By signing the Call To Action, clean energy entrepreneurs are joining a movement to ignite world leaders to accelerate their clean energy and climate ambitions. These entrepreneurs have products, services and innovations already in place to help their customers lower their costs, achieve better performance and improve their lives without creating harmful fossil fuel emissions.

“There is an unprecedented momentum of Founders and CEOs in startups from all corners of the world that are taking on the full climate and energy access challenge as a business opportunity. Business models around our solutions that integrate fintech and digitalisation trends are delivering change around more attractive market offers than the fossil fuel incumbency. But decision makers must set the playing field towards well below 2 degrees global warming so these efficient and renewable energy based solutions move from being beacons of light towards  partnering up to deliver the exponential change that the world needs,” says Stefan Henningsson, Climate Solver programme leader at WWF-Sweden.    

The Call To Action reaffirms governments must commit to science-based targets and policies that support innovative solution providers. It also expresses clean energy entrepreneurs’ intent to seek corporates, investors, cities and regions that actively explore ways to support entrepreneurs innovating to overcome the climate challenge in their value chains. When looking for venture partners, they consider corporates that have alignment with a well below 2°C scenario as part of their value proposition.

The more clean energy entrepreneurs and their solutions are scaled and accelerated, the faster emission levels will decline, the more people will have access to sustainable energy, and the closer we will be to the full decarbonization of the global economy. The Global Climate Action Summit is where this must move from early progress towards acceleration.

Notes for Editors:

1. The California Clean Energy Fund, a nonprofit organization that invests in clean energy entrepreneurs and startups, and the World Wide Fund for Nature, a global nonprofit organization that supports the worldwide conservation movement, have teamed up to run this initiative.

2. The Entrepreneurs Call To Action is supported by the following network partners: World Wide Fund for Nature (WWF), California Clean Energy Fund (CalCEF), New Energy Nexus, Climate Solver, Center for Green Entrepreneurship, Los Angeles Cleantech Incubator (LACI), Futurearth, EnergyLab Australia, Kenya Climate Ventures, Shenzhen Open Innovation Lab, YES Scale, Urban Future Lab, Greentown Labs, CIIE, Sangam, Startupbootcamp Energy Australia, Sustainia, Prospect Silicon Valley and Renewables 100 Policy Institute.

3. The Global Climate Action Summit will take place in San Francisco from September 12-14, in the first ever Summit of non-state actors – it will display action from businesses, states, cities and startups, showing that they are still committed to the Paris Agreement and producing solutions that are combating climate change.

4. Read the full Call To Action statement here,

5. Email hello@energynexus.co to become a network partner for this initiative.

 

About California Clean Energy Fund (CalCEF)

The California Clean Energy Fund (CalCEF) connects capital to catalytic clean energy investments and ideas. They work across the entire lifecycle of clean energy development, commercialization and deployment. Since 2004, CalCEF has leveraged $1.5 billion in investment, invested in over 100 clean energy enterprises, and launched industry leading centers for solution collaboration. Today, they are planning for rapid clean energy adoption, to build equity into the energy economy and to create new jobs in California, the United States and around the world. CalCEF operates offices in Oakland, CA and Shanghai, China. Learn more at calcef.org

About WWF

WWF’s mission is to stop the degradation of the earth’s natural environment and to build a future in which humans live in harmony with nature. The Climate & Energy Practice is WWF’s global programme addressing climate change, promoting renewable and sustainable energy, scaling up green finance, adaptation, engaging the private sector and working nationally,  internationally and in cities to implement low carbon, climate resilient development.Climate Solver is a key initiative of the WWF Climate & Energy Practice. Learn more at www.panda.org/climateandenergy and www.climatesolver.org.

Media Contact

Andrew Chang

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andrew@energynexus.co