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CATEGORIES2017

CLIMATE

CLIMATE

WHY DO WE HOLD A CLIMATE STARTUP EUROPE AWARDS?

The European Commission is looking at cost-efficient ways to make the European economy more climate-friendly and less energy-consuming.

Its low-carbon economy roadmap suggests that:

  • By 2050, the EU should cut greenhouse gas emissions to 80% below 1990 levels
  • Milestones to achieve this are 40% emissions cuts by 2030 and 60% by 2040
  • All sectors need to contribute
  • The low-carbon transition is feasible & affordable.

The roadmap suggests that, by 2050, the EU should cut its emissions to 80% below 1990 levels through domestic reductions alone (i.e. rather than relying on international credits). This is in line with EU leaders’ commitment to reducing emissions by 80-95% by 2050 in the context of similar reductions to be taken by developed countries as a group.

To reach this goal, the EU must make continued progress towards a low-carbon society. Clean technologies play an important role.

AIM:

The objective of the Climate category is to award the startups that develop clean technologies and low- or zero-carbon energy, spurring growth and jobs help Europe reduce its use off-key resources like energy, raw materials, land and water. Also, startups who create product or services that help with the mitigation of the impact of the climate change.

CRITERIA:

The most important eligibility criteria are the following:

  • Innovation/Technology
  • Business Model
  • Customer Value Proposition
  • Scalability and Market Reach
  • Social Clauses: job generated, gender policy, social inclusion, collaboration with NGOs, trainees program.
  • European Dimension: participation in European funded projects, partnership or agreements with other European partners.
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