IPVF x FIT FOR NET – ZERO: 55 Tech Quests to accelerate Europe’s recovery and pave the way to climate neutrality

14 October 2020

Capgemini Invent was commissioned by Breakthrough Energy to deliver a study identifying technology investment avenues that could support Europe’s global leadership on climate change and clean tech innovation.

IPVF gladly contributed to the Energy Report of the “Fit for net-zero: 55 Tech Quests to accelerate Europe’s recovery and pave the way to climate neutrality” initiative.

Energy-report-1

Capgemini Invent’s new report, “FIT FOR NET – ZERO: 55 Tech Quests to accelerate Europe’s recovery and pave the way to climate neutrality”, is commissioned by Breakthrough Energy. It provides a practical action plan and investment guide for policy makers and investors, to help stimulate economic transition at the speed and scale needed to avoid the worst effects of climate change. With its 55 actionable recommendations for financial support, it targets the utilization of the European Commission’s €750 billion recovery fund, and other innovation funding vehicles, to transform Europe’s economy and set it on course for climate neutrality by 2050.

This report investigates and analyzes existing and future technologies across five core economic domains: energy, building and construction, transportation, food and land use. Capgemini Invent (see below for script1) worked with over 100 eminent innovators, entrepreneurs, corporate strategists and policy makers, to identify the 55 high impact climate technologies most likely to deliver transformational results, at speed and scale.

These 55 quests provide a balanced mix to energize and engage all areas of the European economy and regions. More than 200 individual projects were examined, each with differing levels of technological maturity, to assess their transformational potential and readiness for investment support and the resulting 55 choices have impacts in the five sectors summarised here.

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