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Europa English European Agencies EIT
11.06.2025
Press Releases
InnoEnergy’s portfolio set to reduce global CO2e emissions
Inno Energy’s Impact Report 2024 reveals that the cumulative impact of its portfolio of startups and scaleups is projected to save 2.3 Gt of CO₂-equivalent emissions by 2030. This is comparable to removing 534 million internal combustion engine vehicles from the road for one year. It represents close to 80% of the total greenhouse gas emissions recorded by the EU 27 in 2023 and nearly 36.5% of the total greenhouse gas emissions recorded by the U. S. in 2022. As the world’s leading economies n...
Inno Energy’s Impact Report 2024 reveals that the cumulative impact of its portfolio of startups and scaleups is projected to save 2.3 Gt of CO₂-equivalent emissions by 2030. This is comparable to removing 534 million internal combustion engine vehicles from the road for one year. It represents close to 80% of the total greenhouse gas emissions recorded by the EU 27 in 2023 and nearly 36.5% of the total greenhouse gas emissions recorded by the U. S. in 2022. As the world’s leading economies navigate a shifting geopolitical landscape, the report underscores the importance of scaling clean tech innovation to deliver on 2050 net-zero targets and secure long-term strategic autonomy. Now is the moment to unite and scale clean technologies at speed. Our portfolio offers proven solutions that can create thousands of jobs, significantly strengthen industrial bases around the world, and reduce emissions. But we can only unlock this impact if global leaders join forces to co-invest, build resilient value chains, and industrialise together Elena Bou, Co-founder and Innovation Director at Inno Energy In addition to the environmental impact, the report highlights strong economic results. By the end of 2024, the portfolio had generated €943 million in cumulative revenue and had raised €34 billion in cumulative investment. By 2030, it is expected to deliver €13.5 billion in energy cost savings. Further demonstrating the portfolio’s far-reaching impact, by the end of 2024, it had created...
Errors and omissions excepted. As of: 11.06.2025