14 Other subsectors attracting investor interest are autonomous driving and fleetmanagement software.While these technologies don’t directly improve the climate, they enable electrification of shipping/logistics and increased fuel efficiency for gas-powered fleets. Climate change is one of the most pressing challenges facing humanity today. Nature-based solutions, such as planting more trees and rehabilitating wetlands, will not be enough to absorb all the carbon dioxide necessary and will have to be supplemented by technological carbon removal programs. Market-based solutions will be essential: technologies and products that drive global decarbonization by creating economic value, gaining mass adoption and generating compelling returns on investment. As evidenced by the growing investment and number of deals, companies are responding. Dr. Ruth Dagan, partner and head of Environment and Climate Change at Herzog Fox Neeman points out: “Corporates are also looking at investment opportunities in innovative technologies in the climate change space, particularly such which would assist them in addressing not only their own carbon footprint but equally reduce Scope 3 emissions (Scope 3 emissions are the result of activities from assets not owned or controlled by the reporting organization). Dr. Tzipi Iser Itsiq added: “Our clients include start-ups inthefieldofwastetreatmentand its transformationfromanuisance to a resource, corporations engaged in the production of renewable energy, smart mobility infrastructure companies, and industrial companies that adopt innovative technological methods to reduce their ecological footprint.” Dr. Iser Itsiq finishes, optimistically: “We anticipate that the rise in public awareness, along with regulatory imposition applied to financial entities, will cause stakeholders in the economy and the private sector to lead the desired change.” Market-based and nature-based solutions will be equally vital
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