"Time is running out to move the needle on carbon emissions. According to the latest report from the Intergovernmental Panel on Climate Change (IPCC), we’ll need to cut CO2 emissions by 43% by the end of this decade to keep warming within 1.5C."
Greencode was featured in Sifted on August 28th. Greencode's founding partner Terhi highlights the need for climate funds that focus on the reduction potential in the short term, not just by 2050. "Somebody ought to look at solutions, which scale fast, so that we can work on the timeline that we have". That is where Greencode comes in.
According to Sifted, there is a growing consensus that climate hardware will need software to run it - things like software to connect energy assets or sensors to monitor output in industries.
Greencode is backing companies from Europe, investing up to €2m for seed and Series A rounds.