Saturday, May 4, 2024

Nomadic Venture Partners Releases Industrial Climate Tech Summit Agenda

Nomadic Venture Partners (NVP), a climate tech venture capital firm that invests in digital solutions that decarbonize incumbent industries, released the full agenda for its upcoming Industrial Climate Tech Summit. The event will take place Wednesday, June 1st from 8:00 a.m. MDT to 5:00 p.m. MDT at Colorado School of Mines in Golden, CO. The objective of this event is to further solidify the Midwest and Colorado as a leading climate tech ecosystem that drives towards a net zero future.

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With the industrial sector contributing to 30% of greenhouse gas emissions and its expected growth, collaboration between business leaders, innovators, policymakers and others in the ecosystem is essential to achieve net zero in the industrial sector. Investors, policymakers, corporations, incubators, and entrepreneurs who are developing innovative solutions for mining, manufacturing, and transportation industries will be brought together. The Summit will feature discussions on how the industrial sectors can contribute to a sustainable world from industry leaders, including Sergey Paltsev, Deputy Director of the MIT Joint Program on the Science and Policy of Global Change, Garry Cooper, CEO and Co-Founder of Rheaply, Johannah Schmidtke, Senior Advisor (CONTR) to the Loan Programs Office at the US Department of Energy, and Morgan Bazilian, Director of the Payne Institute and a Professor of Public Policy at the Colorado School of Mines.

According to the International Energy Agency, the concerted effort to reach the goals of the Paris Agreement would mean quadrupling mineral requirements for clean energy technologies by 2040. Achieving net-zero globally by 2050 would require six times more critical mineral inputs in 2040 than today. The transition to clean energy is going to be difficult to achieve without the metals and mining, and manufacturing sectors playing even more of a sustainable role. By joining with the Colorado School of Mines, a public research university with expertise in science and engineering and an emphasis on developing entrepreneurship and innovation, Managing Partners of NVP, Batchimeg Ganbaatar and Tem Tumurbat, have aligned their missions to create sustainable solutions in these hard-to-abate sectors.

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