New technologies are emerging to deal with the climate crisis close to America’s initiative to send its first man to the moon, as has been commented by Microsoft President Brad Smith. Adding to this further, Smith said to CNBC that there is a need for funds to introduce new technologies. brad smith pacnovetcnbc.
Smith further believes that they have the potential to invest in the latest technology that is believed to bring in many changes. It is mainly to back up climate crisis technology and get an accurate measurement from the companies. It can also prevent some environmental problems from becoming worse in the coming years. So, it is the introduction of the latest technology to look forward to. microsoft smith pacnovetcnbc.
Smith was also present at the COP26 Climate conference at the U.N. and believes that the latest climate-based tech will bring up new companies in the coming year. He also appreciated the contributions of the companies that helped with carbon removal, storage, and capture, the durability of the battery, and checking aviation fuel. These companies will have household names by 2050 due to its massive innovation in controlling the climate. excerpt microsoft president brad smith browne.
In this regard, Smith also mentioned their efforts to develop and quickly roll out the vaccine in the market within a short span. It also set an example of launching new technology in quick time for the good of common people.
The global investment in climate tech handling startups has exceeded the limit set by 2020, and by this, it hits a record of $32 billion, as per Dealroom. Besides, the world leaders are known to make some pledges at the COP26, including a pact to reduce methane gas emissions and the initiative to end deforestation by 2030. As per Smith, the conversion from pledge to progress can help by deploying tools that can measure organizational impact and give precise transparency reports.