Each challenge has its price and that al climate change it will cost many millions of dollars over the next few years. The sectors on which it focuses are technologies, the exploitation of critical materials, the responsible use of resources. It is in this trend that Primo Ventures, Asset Management Company e LifeGate have teamed up for innovation in environmental technologies. Primo Ventures Spa with 200 million in managed savings will have well considered the alliance with LifeGate, a benefit company known for its activities in defense of the environment and nature. The picture traced by the international agencies on the need to introduce money into the circuits of new economy is in favor of such alliances. The most authoritative, theAgency Energy International says that about half of the technologies needed to achieve the climate goals for 2050 I'm still in the startup phase. Prototypes in research laboratories or in the demonstration phase all over the world that will have to go to the markets. In the last ten years, the average number of investments in the world has been 3 to 5 trillion dollars to face the digital and green transition. Over the next 25 years, "investments to mitigate the effects of climate change will grow exponentially, reaching 100 trillion dollars", the two new allies say. If the area of interest is Italy, the moment seems favourable. The latest surveys report increases in investments in renewables, partially held back by the authorizations for new plants.
Climate change gives rise to new start-ups
The world market is growing but it is not without holes linked to the political decisions of the governments that choose if face or not the energy turnaround. Those who persist in not accepting the new course, perhaps in more deferred times than those of the UN, will pay a double price in terms of development and social cohesion. China, a model with a strong capitalization in digital technologies, is among the most polluted and polluting countries. But its GDP is not affected by the smog and its capital rotates at supersonic speeds. In the West, new forms of experimentation are advancing in the field of research, which fortunately attract young people: startups, spin-offs, basic research. Primo Venture and Life Gate want to study these dynamics to occupy the empty spaces and invest. All in all, as we said, Italy presents discrete opportunities to support the green transition. “The challenge of climate change will require a technological and financial effort unprecedented in the history of humanity,” he says Gianluca Dettori, President of Primo Ventures. He is satisfied to collaborate with Life Gate and is reciprocated by Aeneas Roveda, CEO of LifeGate: «Sustainable savings are the last step in an ethical lifestyle, together with mobility, food and energy». We must also think that the US macroeconomic data of the sector will also have influenced the partnership between the two subjects. For every $XNUMX of venture capital invested last year, more than $XNUMX went to climate change-fighting technologies. About 50 billion dollars, iIn this way they would go to anti-fossil economy projects and initiatives with the reserved satisfaction of the President Joe Biden. Climate Tech in the world captures 10% of investments in Venture Capital, a percentage that rises to 16% in Europe. And this net of scams and false information that in Italy have given birth to a task force publish. But the money is needed.
