To: The Impact Readers
Kind of a strange year.
Lot’s of new things many of us never experienced before. We always believe that through a terrible storm a bright big rainbow will appear…hoping that is the case.
Maybe the rainbow is coming soon for the climate as well…
Want to know if climate change can be stopped in a fun video? Here is a hand picked one fresh off the press.
In Your Inbox: Water Filtration tech; Carbon Offsets and if they are legit ways to fight climate change and a podcast episode!
Aqua Membranes, a startup changing the membrane filtration industry with its unique 3D printed spacer technology for water filtration, announced $2.1M in financing. The fundraise will accelerate the production of energy-saving water filtration technology.
Why does this matter?
Reverse osmosis seems to be an overlooked aspect in cleantech. However, the truth is that improvements in underlying process technology can have positive impact to inputs/resources to a process. Aqua Membranes’ underlying technology improvement decreases energy usage and increases system efficiency. Process hardware is ready for a disruption for the better – to innovate upon current processes to make them more resource efficient.
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Let me begin by saying Pachama is one of my favorite up and coming startups that has entered into the market selling carbon offsets to corporations.
Carbon offsets are an interesting business and my general view of the space used to be “a legal tax write-off with no quantifiable impact”. Pachama is one of the leading companies solving this core issue of validating the impact of carbon credits/offsets.
Reforestation efforts naturally need and require significant capital which is what these credits often provide in exchange for tax basis reduction.
Pachama Ensures Those Funds Actually Reduce Carbon Emissions
GPS was huge when the US opened it up to the private sector and now satellite imagery paired Machine Learning algorithms is paving the way to validating reforestation efforts are actually delivering impact.
With this level of technology in hand Pachama brings the ability to now put real value behind every single carbon credit they sell to these corporations – while helping them meet their sustainability goals and carbon reduction targets.
With customers like Microsoft and Shopify already on board with Pachama it shows that there is real value towards the earth and corporations alike when carbon credits actually function.
Pachama has recently closed a $5M Seed Extension round
With big name participants ranging from Breakthrough Energy Ventures to Amazon Climate Pledge Fund – Pachama has real firepower backing it now enabling it to truly scale through a pandemic and a potential upcoming recession.
Carbon offsets can truly be a way to quickly reduce emissions for large corporations while also delivering a global positive impact.
How to use capitalism to drive social progress with Joel Solomon. In this episode, he shows how we can use money to drive positive impact in the world.
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Writers: Swarnav S Pujari, Ian Sumner, Daniel Kriozere
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