East Ventures signed the Memorandum of Understanding with KADIN Net Zero Hub and WRI Indonesia in advancing commitment towards net-zero targets
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, signed a Memorandum of Understanding with the Indonesia Chamber of Commerce and Industry (KADIN) Net Zero Hub and World Resources Institute (WRI) Indonesia for the strategic partnership and collaboration in advancing commitment towards net zero targets.
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.