{ "docId": "019f6b8f-0639-7395-b0ce-6cbd2302ef78", "docSlug": "jarvis-climate-tech-investments-an-opportunity-for-europe", "documentTitle": "Climate Tech Investments An Opportunity for Europe", "authorId": "climate-tech-investments-an-opportunity-for-europe", "authorName": null, "documentKindSlug": "deck", "documentKindLabel": "Deck", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": null, "orientation": null, "aspectRatio": null, "pageNumber": 22, "pageCount": 64, "prevPage": 21, "nextPage": 23, "slideType": "key_messages", "function": "summarize", "density": "overcrowded", "nDataPoints": 5, "notes": "The slide contains two quotes from industry leaders (BASF and Mercer) and references IPCC and BloombergNEF data.", "elementsJson": null, "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019f6b8f-0639-7395-b0ce-6cbd2302ef78/22", "deckHref": "/decks/019f6b8f-0639-7395-b0ce-6cbd2302ef78", "deckJsonHref": "/decks/019f6b8f-0639-7395-b0ce-6cbd2302ef78.json", "deckAnchorHref": "/decks/019f6b8f-0639-7395-b0ce-6cbd2302ef78#slide-22", "components": [ { "bbox": { "h": 0.15, "w": 0.42, "x": 0.05, "y": 0.05 }, "kind": "paragraph", "text": "consumer trends and technological innovations, as well as material risks as a direct consequence of climate change, can not be disregarded either. However, those companies that adapt to the new environment and take an active role in the climate transformation also have the opportunity to benefit from their leadership.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5c3e5664-3d34-4ee4-a28e-6ab0e3cc40e3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.45, "w": 0.42, "x": 0.53, "y": 0.05 }, "kind": "paragraph", "text": "The current lack of funding presents a significant barrier to progress according to the IPCC report. While global climate finance flows have increased, the report highlights that funding for fossil fuels still surpasses that of climate adaptation and mitigation. It emphasises that there is enough global capital available to close investment gaps, but barriers hinder its utilisation for climate action. The report also suggests that reducing these barriers would require clear signalling and support from governments. This includes public financing, as well as decreased regulatory market barriers and stronger alignment of public and private financing. In addition to this, central banks, investors, and other financial actors can also play a role in changing the underpricing of climate-related risks and reducing disparities between available funds and required amounts. This way, perceived risks of climate investments for private investors could be decreased. However, this still leaves a funding gap for private investors to follow up on significant public investments.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "92165cdd-e107-46d1-bb09-0bbfa5ee7c1a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.42, "x": 0.05, "y": 0.47 }, "kind": "paragraph", "text": "b. Financing can be a critical enabler to accelerate climate action", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c6a90c36-2c48-45b1-a706-1b1c5db7b1d0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.42, "x": 0.05, "y": 0.7 }, "kind": "paragraph", "text": "While companies need to cope with the new environment, financing is a \"critical enabler\" to accelerate climate action and can incentivise private investors to double down on their investments. GDIP and IRA are currently leading with commitments of €1 trillion and €337 billion (potentially up to €700 billion), respectively. Unfortunately, global climate funding still falls short, compared to what is needed to reach our climate targets. Bloomberg's energy researcher (BloombergNEF) has estimated that only about 16% of climate finance needs are currently being met, which in turn means that climate finance must increase by at least 590% - to $4.35 trillion annually by 2030.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f836d0c7-d9ff-45b4-b578-1b6aa6db3a8b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.42, "x": 0.05, "y": 0.21 }, "kind": "quote", "text": "At BASF we want to play an active and responsible role in shaping the transformation toward a climate-neutral society: By adaptation activities such as energy- and resource-efficient processes and product development to reduce greenhouse gas emissions. This also requires a political and regulatory environment that promotes innovation in climate protection, makes it possible to develop new processes that are competitive internationally and, above all, resolutely drives forward the expansion of renewable energies. — Melanie Maas-Brunner, Board Member and Chief Technology Officer of BASF", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6f8b7cd2-94a3-4d80-92eb-1a50ca6e4ea8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.42, "x": 0.05, "y": 0.53 }, "kind": "quote", "text": "As regulators and governments start increasing their focus on the environment, and as humanity as a whole agrees that we have climate issues that need to be addressed, that focus is only increasing. So, what we are seeing with 'climate-focused' investments is actually a move towards a new status quo. — Erik Seebusch, Partner & Global Strategy Leader VC & Growth Equity, Mercer", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7859ab1e-9563-425b-879e-10faed5d134a", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [ { "to": 24, "from": 13, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "0067d889-5445-434a-b07c-a701103a8896", "evidence": "The document uses data and projections to illustrate the potential economic costs of not addressing climate change", "position": 0, "objective": "Highlighting the economic costs of inaction on climate change", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }