... with the goal of creating a “sustainable city of the future.”
Cities and urban activities account for an estimated 75% of global carbon dioxide emissions, and real estate is one of the main culprits: As of 2016, the building sector was contributing 30% of global annual greenhouse gas emissions and consuming around 40% of the world’s energy, according to a United Nations Environment Programme Finance Initiative report.
Does the technology help tackle a real estate challenge?
Can 2150’s input truly add value?
Is it a scalable solution?
And does it have a measurable sustainability impact (which the fund defines as the potential to reduce or mitigate a gigaton of CO2 equivalent)?
CarbonCure Technologies, a Canadian company whose technology lowers the cement content of concrete while storing carbon dioxide in the concrete itself, reducing the material’s carbon footprint.
Read more https://www.forbes.com/sites/sofialottopersio/2021/02/23/european-vc-fund-raises-158-million-to-find-tech-solutions-to-real-estates-sustainability-problem/