East Ventures and Temasek Foundation unveil three new tracks for second edition of Indonesia’s largest climate tech innovations competition – Climate Impact Innovations Challenge 2024
East Ventures, a pioneering and leading sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia, and Temasek Foundation, a Singapore-based non-profit philanthropic organization that supports sustainable development initiatives, are pleased to announce the second edition of the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia's largest climate tech innovations competition.
AfterOil, Qarbotech, BANIQL, and Waste4Change won a total of IDR 10 billion in grant funding from East Ventures and Temasek Foundation
After months of comprehensive selection journey, East Ventures and Temasek Foundation are proud to conclude the Climate Impact Innovations Challenge (CIIC) 2023, the largest climate tech innovations platform of the year in Indonesia. With Indonesia assigned to lead the ASEAN Chairmanship 2023, East Ventures and Temasek Foundation are honored to host the CIIC 2023 Grand Finale as the sideline event of the ASEAN Business and Investment Summit 2023 on 2 September 2023 at The Ritz-Carlton Pacific Place, Jakarta.
The inaugural Climate Impact Innovations Challenge 2023 presents 12 finalists with game-changing solutions to drive sustainability in Indonesia and beyond
East Ventures and Temasek Foundation announced the 12 finalists of the Climate Impact Innovations Challenge (CIIC), the largest climate tech innovations platform of the year in Indonesia. The 12 finalists of the challenge consist of teams from each track of CIIC, including Renewable Energy, Food & Agriculture, Mobility, and Ocean.
Sweeping opportunities in the landfill: Emerging waste management tech startup to come
Indonesia generates millions of tonnes of waste daily, making it one of the largest waste-producing countries globally. The country also has the highest municipal waste in Southeast Asia, creating a pressing problem that affects public health, the environment, and the economy. But amidst this crisis lies an opportunity. Entrepreneurs and innovators can create sustainable solutions that can transform waste management practices in Indonesia.
Creating future farming with technology for food resilience
The world is facing a dire situation. By 2050, the population is expected to reach an unprecedented 9.7 billion, while the food demand is expected to double. If we do not change our global agriculture system, the world might run out of food in just 27 years, according to The World Count. This is one part of the frightening reality that we must confront. The world is facing many challenges, including climate change, which is causing decreased farming output and rising hunger worldwide.
Urgent energy needs in Southeast Asia: Renewable startups to the rescue
Accelerating renewable energy is urgent for Southeast Asia countries as energy demands continue to increase. Most countries' leaders have committed to achieve net-zero by 2050 to keep the global temperature increase below 2°C.
Setting sail for blue economy: Opportunities and challenges in building a maritime startup
The maritime industry has tremendous potential for growth and development. It is a complex sector that encompasses a wide range of activities, including shipping and logistics, fishing, and aquaculture. According to UNDP, the industry also plays a critical role in the world economy, accounting for 5% of global GDP, or estimated at US$ 3 trillion per year.
Turning your ideas on climate issues into real impact
Southeast Asia is currently on track to experience a 3°C warming, which goes beyond the target set by the Paris agreement to limit global warming to 1.5°C. This projection has significant ramifications for the worldwide market and the well-being of the Southeast Asian population.