ExpresSo NB Joins Asia Climate Tech Venture Fair 2024!
The inaugural Asia Climate Tech Venture Fair 2024 was a landmark event that brought together 130 investors from across the globe, marking a major step toward advancing sustainability and climate tech in Asia. Held with the mission to support climate tech start-ups, foster collaboration, and showcase cutting-edge innovations, the event successfully captured the growing momentum for climate-focused investments in the region.
As one of the key sponsors of the Asia Climate Tech Venture Fair 2024, ExpresSo NB played an important role in helping to drive the conversation and foster innovation in crucial sectors like climate tech, the circular economy, and sustainable logistics. By supporting this gathering of thought leaders, entrepreneurs, and investors, ExpresSo NB reaffirmed its commitment to accelerating the growth of climate solutions in Asia.
Key Highlights from the Event
- Vishal Agarwal's Keynote on Green Investment:
Vishal Agarwal, Senior Partner at McKinsey & Company, delivered a powerful keynote that emphasized Asia's critical role in the global push toward renewable energy. He highlighted the region's immense potential, accounting for 50% of global renewable energy and fuel supply. However, to realize this potential, Asia needs $3.5-5 trillion in green investments annually by 2030 to meet net-zero goals. - Electrification of Mobility Southeast Asias EV Market:
The electrification of mobility is driving sustainable development in Asia, with Southeast Asia leading the way in the EV sector. Major car manufacturers are eager to collaborate with startups to push the industry forward. ExpresSo NB, alongside other investors, recognized the complexity of the market, particularly the need for tailored strategies for B2B and B2C segments in countries like India and China. - Sustainable Logistics Overcoming Regional Fragmentation:
Asia's logistics sector faces fragmentation and varied regulatory policies. However, five emerging trends were identified as transformative for the sector:- Analytics: Turning data into actionable insights.
- Sustainable Fuels: A transition to greener alternatives.
- Electrification of Fleets: The shift to electric vehicles.
- Remote Operations: Innovating with technology for remote logistics.
- Packaging Innovation: Rethinking packaging to promote sustainability and reduce waste.
Despite fragmentation, there is a strong commitment to integrating sustainability across supply chains, with both corporations and investors working collaboratively on this crucial challenge.
- Analytics: Turning data into actionable insights.
- Startup-Corporate Collaborations Scaling Climate Solutions:
The event highlighted the importance of strategic partnerships between startups and corporations to scale impactful climate tech solutions. Corporates offer resources, market access, and the ability to scale, while startups bring innovation and new technologies. ExpresSo NB and other investors are eager to see how these partnerships will shape the future of climate solutions in Asia.
The Road Ahead for Climate Tech in Asia
The Asia Climate Tech Venture Fair 2024 showed that Asia is at the heart of the global effort to combat climate change, and the future of climate tech is brighter than ever. The growing focus on innovation and investments is accelerating the development of impactful climate solutions.
ExpresSo NB is excited to continue supporting the growth of climate tech in Asia, driving collaborations that will deliver real, tangible progress. The event demonstrated that Asia is rich with opportunities, and with the right investments, innovations, and partnerships, the region can lead the way toward a sustainable, green future.
What are your thoughts on the future of climate tech in Asia? How can we further accelerate innovation and investment in this space? Let's continue the conversation!
Reference: Emerald
