55 Tech Quests to accelerate Europe’s recovery and pave the way to climate neutrality

“Dramatic emission reductions are possible in the five key economic areas,” says a study by Capgemini. It was commissioned by Breakthrough Energy, which was founded by tech titan Bill Gates. The study talks about “energy, industry, buildings, transport, food and land use,” and identifies 55 technology quests that “can help Europe achieve 55 percent CO2 reductions and deliver a climate-neutral economy by 2050.”

 
Our new report, “FIT FOR NET – ZERO: 55 Tech Quests to accelerate Europe’s recovery and pave the way to climate neutrality”, is commissioned by Breakthrough Energy. It provides a practical action plan and investment guide for policy makers and investors, to help stimulate economic transition at the speed and scale needed to avoid the worst effects of climate change. With its 55 actionable recommendations for financial support, it targets the utilization of the European Commission’s €750 billion recovery fund, and other innovation funding vehicles, to transform Europe’s economy and set it on course for climate neutrality by 2050.

This report investigates and analyzes existing and future technologies across five core economic domains: energy, building and construction, transportation, food and land use. Capgemini Invent (see below for script1) worked with over 100 eminent innovators, entrepreneurs, corporate strategists and policy makers, to identify the 55 high impact climate technologies most likely to deliver transformational results, at speed and scale.

These 55 quests provide a balanced mix to energize and engage all areas of the European economy and regions. More than 200 individual projects were examined, each with differing levels of technological maturity, to assess their transformational potential and readiness for investment support and the resulting 55 choices have impacts in the five sectors summarised below.

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