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Annual Report 2018 EIT CLIMATE-KIC ANNUAL REPORT 2018 Annual Report 2018 Climate-KIC is supported by the Climate-KIC EIT, a body of the European Union 1 EIT CLIMATE-KIC ANNUAL REPORT 2018 Contents CEO’s Foreword 03 Expected Results 16 About Climate-KIC 04 Our Convening 17 Our Community 05 Governance 18 Our Focus 07 Our Financial Performance 20 Our Results 08 Looking Forward 21 Case Studies 09 Impact Goals 22 Our Portfolio 15 Our Partners 23 2 EIT CLIMATE-KIC ANNUAL REPORT 2018 CEO’s Foreword At EIT Climate-KIC, our mission is to catalyse Limiting the risks from global warming of 1.5°C in systemic change through innovation in the context of sustainable development and poverty areas of human activity that have a critical eradication implies system transitions that can be enabled by an increase of adaptation and mitigation investments, impact on greenhouse gas emissions – cities, policy instruments, the acceleration of technological land use, materials and finance – and to innovation and behaviour changes (high confidence). create climate-resilient communities. This (source: Policy summary IPCC 1.5°C report, 2018) mission is urgent and increasingly recognised internationally. In 2018, EIT Climate-KIC set a trajectory that will enable us to deploy innovation to unlock exponential In October 2018, The Intergovernmental Panel on change in decarbonisation rates and strengthen Climate Change (IPCC) released their Special Report on resilience to climate change impacts. As a broad the impacts of Global Warming of 1.5°C. It concludes community and innovation movement, EIT Climate-KIC that staying below 1.5°C will need rapid, far-reaching is directing the power of human ingenuity to catalyse and unprecedent change in all aspects of society: the transformation we so desperately need. In this 2018 Annual Report, we offer a snapshot of how that is happening. 3 EIT CLIMATE-KIC ANNUAL REPORT 2018 About Climate-KIC EIT Climate-KIC is a knowledge and organisations united by a commitment to innovation community established in 2010 direct the power of human creativity at and funded by the European Institute the climate change challenge. We bring of Innovation and Technology (EIT). Our together large and small companies, scientific purpose is to tackle climate change through institutions and universities, city authorities innovation. We are Europe’s largest public- and other public bodies, start-ups, and private partnership with this purpose – a students. growing pan-European community of diverse 4 EIT CLIMATE-KIC ANNUAL REPORT 2018 Climate-KIC Community Members by Category Cities, Regions, NGOs = 74 Business = 185 Climate-KIC Community Members by Category Higher Education = 63 Cities, Regions, NGOs = 74 Research = 36 Business = 185 Our Higher Education = 63 Community Research = 36 EIT Climate-KIC convenes Europe’s most In December 2018, EIT Climate-KIC had 358 influential network for transformative climate community members giving us unrivalled knowledge innovation. Our community is at the heart of and expertise to apply to the challenges of climate change. our whole climate innovation ecosystem. Climate-KIC Community Members by Geography Benelux = 42 DACH = 65 Climate-KIC Community Members by Category Climate-KIC Community Members by Geography Nordics = 36 Cities, Regions, NGOs = 74 Benelux = 42 RIS = 15 BusinessCentral Eastern = 185 Europe = 23 DACH = 65 Nordics = 36 HigherMediterranean Education = 113= 63 RIS = 15 UKResearch & Ireland = 36 = 64 Central Eastern Europe = 23 Mediterranean = 113 UK & Ireland = 64 Climate-KIC Community Members by Geography 358 Benelux = 8 Total CKIC Community Members Nordics =6 Climate-KIC Community Members by Geography Climate-KIC Community MembersDACH by = Geography 6 Benelux = 8 UK & Ireland = 3 Benelux = 42 Mediterranean = 10 Nordics =6 DACH = 65 DACH = 6 Nordics = 36 UK & Ireland = 3 RIS = 15 Mediterranean = 10 Central Eastern Europe = 23 Mediterranean = 113 UK & Ireland = 64 5 Climate-KIC Community Members by Geography Benelux = 8 Nordics =6 DACH = 6 UK & Ireland = 3 Mediterranean = 10 EIT CLIMATE-KIC ANNUAL REPORT 2018 Our Geographical Coverage Beyond Europe, Climate-KIC Australia launched in 2016 replicating the European network model and EIT Climate-KIC is active in 28 countries and operating independently, and we are advancing plans has programming in many more. We work on for EIT innovation hubs in Silicon Valley and China, due innovation at local national and regional level, in 2019. Our Climathon – a 24 hour city innovation co-ordinated through a set of innovation challenge – already operates across six continents, and hubs in Austria, Belgium, Denmark, France, Climate LaunchPad – our climate-positive business Germany, Hungary, Italy, Poland, Spain, ideas competition – runs in over 40 countries. Switzerland, The Netherlands and the United Kingdom. Community: Hyperlocal and Place-based EIT Climate-KIC programme and partner coverage 6 EIT CLIMATE-KIC ANNUAL REPORT 2018 Our Focus EIT Climate-KIC has chosen to direct its change, and we concentrate a significant component of efforts at systems innovation, working with our effort on deep demonstrations designed to show ambitious actors to connect supply and what is possible and to accelerate adoption. demand while leveraging the power of our The mechanism we use to do this is our portfolio community to catalyse change. We think approach. This means supporting many different this combination gives us the best chance of but connected initiatives, less on their individual unlocking change at the speed and scale the potential, and more as a spread of options for exploring climate challenge needs. alternatives and connections and test our way forward. Such an approach is important given the uncertainty We continue to focus on our four overarching of the changes we face and offers a diversity of inputs systems – cities, land use, materials and finance - and that accelerates learning and implementation, so associated impact goals (see page 22 for a full list of helping us identify what can work in unlocking change. impact goals). We have chosen these systems because A portfolio approach allows us to learn fast and we regard them as pivotal to climate mitigation and reduces the risks that come with transformation. adaptation and in urgent need of transformation. This focus was core elements of our new Strategy – In these systems, we direct innovation effects at Transformation in Time – launched in December 2018 financial, policy, skills, technology, citizen engagement, and co-created and co-authored with our community. business models and production systems as levers of 7 EIT CLIMATE-KIC ANNUAL REPORT 2018 Our Results During our first 9 years, EIT Climate-KIC We are now directing the full force of our community has focused on creating a groundswell of and our huge supply of innovation to the demand for change from city authorities, industry leaders, regional innovation to tackle climate change. and national governments and citizens groups. The following pages provide examples of our work. We have: 358 €2.7bn partners more than €2.7bn climate funding leveraged 1,405 480 innovative start-ups supported new products and services launched €930m 17,000 more than €930m* investment attracted to participants in our education activities start-ups * €930m represents the cumulative investment attracted by start-ups over the years. The total values differ from EIT KPI EITN06 because we can only report investment attracted for registered start-ups. 8 EIT CLIMATE-KIC ANNUAL REPORT 2018 Case Study REINVENTING CITIES Our work in cities includes Reinventing Cities, In addition to funding support, EIT Climate-KIC helped a global cities competition to drive carbon- shape the design of the international competition and neutral and resilient urban regeneration. supported C40 in attracting project partners. It also used its network to help generate interest from the Organised by C40 and EIT Climate-KIC, it private sector. aims to transform under-used city spaces into beacons of sustainability. Winning The winning team for each site will be announced by projects will serve as models for cities around May 2019. the world, demonstrating how the alliance between problem owners in the public and private sector can shape the future, delivering “The response to the Reinventing decarbonised and economically viable urban Cities competition has been development. incredible, with architects, In October 2018, eighty-two finalist teams were designers, community and citizen selected from more than 230 expressions of interest groups submitting some truly from 1,200 companies and organisations across the globe. Cities represented include Auckland, Chicago, thrilling proposals,” said, Mark Houston, Madrid, Milan, Montréal, Oslo, Paris, Watts, executive director, C40. Reykjavik, Salvador, San Francisco and Vancouver. “The shortlisted teams will now The teams of architects, urban planners, entrepreneurs develop detailed proposals and and neighbourhood collectives will compete in the final we can soon look forward to the round of the competition to transform empty plots and sustainable reinvention of these abandoned buildings, historical mansions, underused car parks and former industrial sites. They proposed sites in cities around the world.” hundreds of innovative solutions to systemic city challenges, from how to implement circular economy and zero-waste to urban farming and local food production. 9 EIT CLIMATE-KIC ANNUAL REPORT 2018 Case Study WINNERS Our work in land use includes WINnERS by the effects of climate change and threaten food (Weather Index based Risk Services), an production and supply chains. WINnERs estimates WINnERS (Weather Index based Risk such events will have a significant impact, potentially increasing the price of crops by as much as 50 to 130 Services),an agricultural supply chain de- per cent by 2030 and increasing the number of people risking service, established by EIT Climate- at risk of hunger by 10 to 20 percent by 2040. Sixty- KIC and partners in 2015 to offer risk five per cent of those people will be living in SSA. management services and build resilience into African and EuropeanSouth Asian agricultural supply chains - from smallholder “By enabling financial access to global retailer.
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