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.
The four tracks of Climate Impact Innovations Challenge
What will the world be like for our children if we fail to limit global warming to below 2°C, preferably to 1.5°C? In the best-case scenario where the globe warms only by 1.5°C, a 10-year-old child in 2020 will experience four fold as many extreme climate events throughout the course of their life compared to a 55-year-old.
East Ventures and Temasek Foundation launched Indonesia’s largest climate tech innovations platform of the year: Climate Impact Innovations Challenge 2023
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, and Temasek Foundation, a Singapore-based non-profit philanthropic organization that supports sustainable development initiatives, launched Climate Impact Innovations Challenge (CIIC), the largest climate tech innovations platform of the year in Indonesia.
Climate tech investment is a top priority in achieving net zero emissions
Achieving net zero emission globally by 2050 is critical to tackle the climate crisis and help to save our planet for the next generation. Global temperatures have risen 1.1°C since 1901, due to an excess of emissions from burning fossil fuels. Negative effects of climate change are mounting, such as extreme weather patterns and rising sea levels, all of which threaten the entire species of plants, animals, and even the human population.