EIT Climate-KIC brings the focus on sustainability and Climate Change to Forinvest

Sustainability has been the main focus of the thirteenth edition of the Forinvest event, the largest financial-business networking space in the country, which has turned Valencia into financial capital with nearly 200 financial presentations.

A majority of these presentations, which have covered a multitude of topics related to investors and entrepreneurs, have focused on sustainability as one of the main drivers of investment. The main conclusion reached in all of these talks is that the success of companies will undoubtedly depend on their commitment to sustainability. Sustainability as a need. It is a safer, and safer and more solidarity-based long-term commitment.

The director of the EIT Climate-KIC’s Spanish branch, José Luis Muñoz, said that “the great challenge of our society is to face climate change because it influences our habits, consumption, economy and the global of our daily life“.

The EIT Climate-KIC has generated more than 1,400 projects, has managed more than 4 billion Euros and has created more than 2,000 new jobs. “And yet it is not enough. We need a new strategy that promotes innovation, capable of co-creating, identifying challenges and achieving results in a systemic way“, said Muñoz.

Deep Demonstrations

The Spanish director announced the new strategy of EIT Climate-KIC to achieve the decarbonization of the society, in time. Under the name “Transformation, in time” this strategy is mainly based on the Deep Demonstrations. These test beds are an initiative led by EIT Climate-KIC to promote all those changes we need and to achieve a net zero in the next 20-30 years.

These start with a demand- led approach, working with city authorities, regional bodies, governments or industry leaders who are committed to fundamental transformation to a net-zero emissions, resilient future.

Through a systems innovation approach, we match this demand with supply, bringing the full force of our innovation community to tackle multiple levers of change simultaneously through the rapid testing of options. We orchestrate this as a portfolio approach, concentrating on learning together about what creates the fastest pathways to change.

We think innovation at a systems level – ‘systems innovation’ as a shorthand – is the way to prompt such transformations. By systems innovation we mean integrated and coordinated interventions in economic, political and social systems and along whole value chains through a portfolio of deliberate and connected innovation experiments (i.e. a portfolio approach). Such an approach is designed to generate viable pathways to change through identification of options, social and behavioural inflexion points, and scaling of transformative solutions.

To perform these great demonstrations EIT Climate-KIC has divided them into 8 thematic verticals: (1) Healthy, Clean Cities, (2) Just Transformations, (3) Circular, Regenerative Economy, (4) Resilient Food Systems and Diets, (5) Net-Zero-Emissions Resilient Maritime Hubs, (6) Resilience Regions, (7) Long-termism, (8) Landscapes as Carbon Sinks.

During his talk José Luis Muñoz highlighted two of them: the first one due to its high implementation level. The Slovenian Government has decided to support the EIT Climate-KIc strategy on Circular Economy and this support has made this Deep Demonstration a model of success.

On the other hand, Muñoz highlighted the Net-Zero-Emissions Resilient Maritime Hubs, supported by Valenciport, joining the EIT Climate-KIC strategy with the commitment of having carbon neutral emissions in 2030.

In this sense, the President of the Port Authority of Valencia, Aurelio Martinez, explained during his speech the environmental policy of Valenciaport since the first measurements began in the 90s and the first certificates were obtained. Since then, Valenciaport has become a European reference in environmental management in the port area. Aurelio Martínez has set out the “Valenciaport 20-30 Plan”; the roadmap up to 2030, focused on the objective of becoming a “zero emissions” port and supported by pillars such as research (through entities such as the Valenciaport Foundation, Ports 4.0 etc.) and infrastructure.

Antonio Torregrosa, director of the Valenciaport Foundation, highlighted the research work carried out by the Valenciaport Foundation “which allows for the implementation of large-scale projects that contribute to positioning Valenciaport as a benchmark in sustainability”.

As a result of the collaboration with EIT Climate-KIC, #SuperLabPorts has been created, a space located in the facilities of Valenciaport designed and thought for innovation and entrepreneurship in the maritime and port sector on climate change. Through this space and in a staggered manner, EIT Climate-KIC will demonstrate how maritime centres can reverse the rapid growth of emissions from shipping and international trade.

Accelerator 2020

In an event like Forinvest, specialized in investment, a space dedicated to startups could not be missing. For this reason, EIT Climate-KIC has led a panel in which the new call for its climate innovation business acceleration programme has been announced. The largest accelerator programme of climate impact companies in Europe offers in Spain a financial support of up to 50,000 euros, training, mentoring and access to a global network of investors, to innovative and high impact projects related to climate change and the circular economy. The deadline for applications is 25 March.

In this space dedicated to the importance of supporting entrepreneurship as a strategy to develop innovation so that we can meet the challenges of society, such as climate change, EIT Climate-KIC wanted to give visibility to 3 companies that have run their program and have become a benchmark of success in their sector.

They are Zeleros, a company working on the development of Hyperloop. According to its CEO, David Pistoni, the creation of this transport system that connects the main European capitals could achieve a reduction of 30 million tons of CO2 emissions per year. Navlandis is the company that has developed Zbox, a folding container that, according to its CEO, Miguel Navalón, reduces the cost of operations by 50%, storage space by 80% and CO2 emissions by 20% in sea transport.

Finally, Adrian Bautista, CEO of Fundeen had the opportunity to present his project in Forinvest, a FinTech platform that allows to invest in environmentally sustainable projects and receive benefits from their investments starting from 500 Euros.

EIT Cross-KIC Spain

Finally, the panel designed by EIT Climate-KIC ended with a round table discussion by EIT Cross-KIC Spain, the Spanish group of Knowledge and Innovation Communities formed by the director in Spain of EIT Digital, Jesús Contreras, the director of EIT Food South Europe, Begoña Pérez, the director of Raw Materials, Lorena Jurado, the director of EIT Manufacturing, Antoni Pijoan and the head of Education at EIT Health Spain, Montse Delgado, under the moderation of the director in Spain of EIT Climate-KIC, José Luis Muñoz.

During the debate, the creation of the community and the transversal work through this pioneer group in Europe to address the challenges of society and bring innovation to the market were highlighted. For those responsible for KICs in Spain, these communities are the seed of what could be the European Silicon Valley.

 
Location
Articles you may be interested in
CLIMATE-KIC 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
CLIMATE-KIC NEWS
A LOOP-Ports project Workshop identify and characterise the areas of interven...

Fundación Valenciaport has organised, in the framework of the...

A LOOP-Ports project Workshop identify and characterise the areas of intervention on Circular Economy in Ports
CLIMATE-KIC 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
CLIMATE-KIC NEWS
EIT Climate-KIC participa con Promálaga en la 11ª edición de Greencities

EIT Climate-KIC junto a la empresa municipal socia Promálaga,...

EIT Climate-KIC participa con Promálaga en la 11ª edición de Greencities
CLIMATE-KIC NEWS
bound4blue’s innovative wingsail technology gathers recognition across Europ...

The Spanish start-up Bound4Blue is unstoppable in 2020. Cristina...

bound4blue’s innovative wingsail technology gathers recognition across Europe
CLIMATE-KIC 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
CLIMATE-KIC NEWS
Commitment to ensure ‘systematic and structural cooperation’ between the E...

A Letter of Intent was signed today setting out...

Commitment to ensure ‘systematic and structural cooperation’ between the EIC and the EIT
CLIMATE-KIC 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
CLIMATE-KIC 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
CLIMATE-KIC NEWS
EIT Climate-KIC’s case studies on innovative land use set the stage for tran...

EIT Climate-KIC launches ‘Innovations in land use,’ a collection...

EIT Climate-KIC’s case studies on innovative land use set the stage for transforming whole systems
CLIMATE-KIC 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
CLIMATE-KIC NEWS
The City Finance Lab calls on urban leaders to help build back better

Organised by sustainability expert South Pole, the competition for...

The City Finance Lab calls on urban leaders to help build back better
CLIMATE-KIC 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
CLIMATE-KIC NEWS
Innovate as if the Future Mattered

  Interview with Kirsten Dunlop written by Alssandra Mazzai...

Innovate as if the Future Mattered
CLIMATE-KIC NEWS
How public servants can engage unlikely allies to deliver climate policies

This article is written by Juan Azcarate, Deputy director...

How public servants can engage unlikely allies to deliver climate policies
CLIMATE-KIC NEWS
How public servants can engage unlikely allies to deliver climate policies

This article is written by Juan Azcarate, Deputy director...

How public servants can engage unlikely allies to deliver climate policies
CLIMATE-KIC NEWS
EIT Climate-KIC supported cities – Leuven, Milan, Valencia and Vienna nomina...

Twelve cities are in the final stage of the...

EIT Climate-KIC supported cities – Leuven, Milan, Valencia and Vienna nominated as European Capital of Innovation 2020
CLIMATE-KIC NEWS
Valencia, finalist in the awards to be the European Capital of Innovation 2020

It is the only Spanish finalist city Missions València...

Valencia, finalist in the awards to be the European Capital of Innovation 2020
CLIMATE-KIC NEWS
Madrid officially signs up to EIT Climate-KIC’s Deep Demonstration of Cl...

Madrid City Council has agreed to join EIT Climate-KIC...

Madrid officially signs up to EIT Climate-KIC’s Deep Demonstration of Clean & Healthy Cities
CLIMATE-KIC NEWS
Celsa Monrós: “To make the future Valencian Regional climate law to work, i...

Celsa Monrós is, since August 2019, the new Director...

Celsa Monrós: “To make the future Valencian Regional climate law to work, it must be accepted by both citizens and the economic sector.”
CLIMATE-KIC NEWS
A net zero future offers significant opportunities for the European economy, s...

EIT Climate-KIC’s views on the EU 2030 Climate Target...

A net zero future offers significant opportunities for the European economy, society and citizens
CLIMATE-KIC NEWS
€8.4 million for innovation projects that stimulate job creation and support...

Eleven climate innovation projects across Europe tackling COVID-19 related...

€8.4 million for innovation projects that stimulate job creation and support a post COVID-19 green recovery
CLIMATE-KIC NEWS
A scientist’s opinion: Interview with Cliona Howie Del Rio about systems thi...

The European Science-Media Hub recently published an interview with...

A scientist’s opinion: Interview with Cliona Howie Del Rio about systems thinking
CLIMATE-KIC NEWS
What´s new for the agrifood sector with the European Green Deal?

On Wednesday 20 May, the EU Commission presented the...

What´s new for the agrifood sector with the European Green Deal?
CLIMATE-KIC NEWS
The circular economy reaches the electric batteries through the Lions2Life pro...

Lions2Life project has been launched: a European project promoted...

The circular economy reaches the electric batteries through the Lions2Life project
CLIMATE-KIC NEWS
LOOP-Ports wins the IAPH World Port Sustainability Awards 2020

The LOOP-Ports project led by the Fundación Valenciaport  and...

LOOP-Ports wins the IAPH World Port Sustainability Awards 2020
CLIMATE-KIC NEWS
EIT Communities launch Cross-KIC Sustainable Cities Calls

Cross-KIC Sustainable Cities aims at strengthening collaboration across innovation...

EIT Communities launch Cross-KIC Sustainable Cities Calls
CLIMATE-KIC NEWS
EIT Climate-KIC supported Zeleros raises €7 million for the development of h...

EIT Climate-KIC supported Zeleros Hyperloop has completed a financing...

EIT Climate-KIC supported Zeleros raises €7 million for the development of hyperloop in Europe
CLIMATE-KIC NEWS
EIT Climate-KIC is restructuring to deliver systems transformation for climate...

EIT Climate-KIC is restructuring to provide “systems transformation as...

EIT Climate-KIC is restructuring to deliver systems transformation for climate change
CLIMATE-KIC NEWS
The radical transformation of the global food system

Global food production threatens climate stability and ecosystem resilience....

The radical transformation of the global food system