EIT Climate-KIC (Knowledge & Innovation Community) is the European Union’s largest public-private climate initiative. Together with Munich Re and ERGO, EIT Climate-KIC has set the ambition to enable transformational start-ups to accelerate through radical collaboration and shared resources. In the newly launched Carbon Removal ClimAccelerator. EIT Climate-KIC joined forces with Delft University of Technology (TU Delft), the Sustainability in Business Lab at the Swiss Federal Institute of Technology (ETH Zurich), and Pannon Pro Innovations (PPIS).
The newly launched Accelerator continues the cooperation started in 2017 with the promotion of clean-tech start-ups. In addition to financial support and targeted coaching for the development of the business model, each start-up receives mentoring from Munich Re and ERGO employees.
The Carbon Removal ClimAccelerator programme supports start-ups focusing on technological and nature-based solutions such as afforestation, direct air capture, biochar, and bioenergy-based carbon capture and storage. Selected start-ups will receive training, grants, mentorship, and access to networks.
The creative minds explain how their business ideas can help tackle the climate crisis. They are among the teams of founders supported by ERGO and Munich Re as part of the EIT Climate-KIC ClimAccelerator program.
Permanent carbon removal through enhanced weathering
World’s first cell-free DAC technology leveraging enzymes
Unlocking Nature's Value
Moving carbon from the air to biochar repositories
Capturing carbon at scale with cooling towers
Their creative solutions are as different as the start-ups themselves. But there is one thing they all have in common: Their applications for support have been selected in the Side Call of Climate-KIC and Munich Re/ERGO.
In 2019, Climate-KIC again invited participants to develop innovative climate solutions in their 24-hours ideas competition. Munich Re and ERGO are supported the Climathon in Munich, Sydney, Tallinn and Vilnius.