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Low-carbon pioneers shine

Twelve early stage companies developing low-carbon innovations have been named BloombergNEF’s 2021 BNEF Pioneers. Changemakers, who applied from 36 countries, had to pitch ideas aligned with three criteria: that they make an impact on greenhouse gas emissions and help the planet; boast a degree of technology innovation and novelty; and have a likelihood of being adopted.

“This year we selected three specific areas – heavy-duty transport, materials and the climate – where BNEF believes technology must play an important role in decarbonisation,” said Claire Curry, selection committee co-chair and head of digital industry research at BloombergNEF. “For the last decade, the BNEF Pioneers award has been essential in highlighting exciting innovations in solar, wind, storage, smart grid and electric vehicles, to name a few. By focusing on specific themes each year where technology innovation is sorely needed, we hope that the competition will continue to shine a light on important, pioneering innovations.”

The 2021 BNEF Pioneers below can help inspire changemakers worldwide and will appeal to corporations on the hunt for new ideas and collaboration opportunities.

Challenge 1: Managing and optimizing long-haul freight

  • Convoy (U.S.) provides a digital freight network and moves thousands of truckloads around the United States each day through its optimized connected network of carriers, saving money for shippers and eliminating carbon waste. 
  • Nautilus Labs (U.S.) advances the efficiency of ocean commerce through artificial intelligence. It provides a predictive decision-support solution that drives sustainability and profitability in global maritime shipping.
  • Ontruck (Spain) is a digital transportation company that combines automation and machine learning to drive out waste in the logistics process. Ontruck offers an efficient and low-carbon solution to move freight, helping shippers to reduce transportation costs, increasing earnings for carriers, and removing carbon emissions generated from empty trucks.

Challenge 2: Advancing materials and techniques for sustainable products

  • Cemvita Factory (U.S.) engineers microbes that use carbon dioxide or methane as a feedstock for the production of carbon-negative industrial chemicals. These chemicals are used by oil and gas, chemical, mining and aerospace companies that seek to apply nature-inspired technologies for reducing their carbon footprint.
  • Pyrowave (Canada) electrifies chemical processes in the circular economy of plastics. Pyrowave uses microwave technology to supply the chemical industry with recycled raw materials that are drop-in substitutes for virgin chemicals.
  • Via Separations (U.S.) targets U.S. energy consumption that is wasted each year through the process of separating chemicals, by electrifying energy-intensive steps in chemical production.

Challenge 3: Monitoring and understanding our changing planet

  • Pachama (U.S.) uses machine learning with satellite imaging to measure carbon captured in forests. Pachama brings the latest technology in remote sensing, satellite imaging and AI to the world of forest carbon in order to enable forest conservation and restoration at scale.
  • Planet (U.S.) provides global, daily satellite imagery and geospatial solutions to better manage risk across various sectors, such as agriculture, forestry, energy and natural resources. 
  • QLM Technology (U.K.) offers its quantum technology to provide an understanding of greenhouse gas emissions in an affordable, accurate, scalable way using camera systems that visualize and quantify emissions as they occur.

Wildcards:

  • 75F (U.S.) is an IoT-based building management system using smart sensors and controls to make commercial buildings more efficient, comfortable and healthier.
  • ECOncrete (Israel) provides technology for coastal and marine infrastructure – increasing concrete strength and durability, while creating ecological value and an active carbon sink.
  • Pivot Bio (U.S.) makes nitrogen-producing microbial products that can replace the use of synthetic nitrogen fertilizer for cereal crops, giving farmers a crop nutrition solution to achieve more consistent yields and improve air and water quality.

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Written By

Susan is the co-founder of Innovators Magazine and a consultant for OnePoint5Media. Susan is also a member of the UNFCCC-led Resilience Frontiers Nexus group and the Chair of the APOPO Foundation UK board.

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