The Climate Tech Compass, which was developed with the support of EU climate innovation body Climate-KIC’s Demonstrator Later-Stage Innovation programme, allows users to roadmap the investments, energy capacity, and emissions needed in order to achieve the 2°C target across 101 different countries. It was launched at an energy transition event in Paris.
According to the creators of the tool, it can help institutional investors select companies whose technological mix and emissions pathways are best aligned with a 2°C target.
It covers eight high-emission sectors where, the firms say, technological change and greenhouse gas reductions will be critical: automotive, aviation, shipping, power generation, cement, steel, agriculture, real estate.
Each sector has a specific transition pathway, or technology roadmap, for it to contribute to the Paris Agreement goals, as well as pathways for different degrees of warming.
Through the Climate Tech …