stefan henningsson, wwf: global cleantech innovation index: tools to build a thriving...
TRANSCRIPT
Stefan Henningsson
WWF International
Senior Adviser Climate Innovation
@shenningsson
Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland
30 September 2015
WWF Climate innovation - What we do
• Inspiration through story
telling with real
entrepreneurs
• Policy work
• Cleantech sector
analysis – Mapping
• Innovation Systems
scoping studies
• Corporate work
• Match making
• “Climate positive
magnifier”
• Finance work
• Financial vehicles for
climate entrepreneurs
• Communication
• Climate Solver platform
• Events
Living Planet Report 2014
Source: Stockholm Resilience Centre, 2009.
The planetary picture – Redefines cleantech
Planetary boundaries
4
The Energy Report
Scenario Intro
100% Renewable Energy is doable
$ 6.4 trillion cleantech market in developing
countries next ten years Infodev, World Bank 2015
Huge Market Potential
$ 300 trillion invested in city infrastructure
over coming 30 years Reinventing the city, Business + Strategy Journal, 2010
In 2014, global investment in solar energy totalled
US$150 billion and US$100 billion in wind power.
Source: Bloomberg New Energy Finance & PV Energy Trend, 2015
Innovation starting to have impact - Solar PV last 38 years
2009 2015
Source: Bloomberg New Energy Finance & PV Energy Trend
Source: New Climate Economy, 2014
Innovation starting to have impact - Wind Power – 100 x more power now than 30 years ago
Renewables as a share of global power capacity additions (2001–2013), IRENA database 2015
Innovation starting to have impact
Innovation starting to have impact
Source: Will solar, batteries and electric cars re-shape the electricity system?, UBS Financial Research, 2014
Financial sector waking up to cleantech
Financial sector waking up to cleantech
12
- Energy efficiency and renewable energy ’too attractive to refuse’
- 0 upfront cost
- Green Bondable
- Ex
- Solar as a service, eg SolarCity, Sungevity, Eneo
- Building retrofit as service, eg Siemens
- LED switch as service, eg Philips, LED Lease
- Solar process heat as service, eg Aspiration Energy
- Electric storage as a service, eg ZBEST, STEM
- Energy access to poor as service, eg Simpa, Gram Power
Cleantech as a service on the rise
Source: WWF/Cleantech Group: Coming Clean: The Global Cleantech Innovation Index 2012
Higher index score (the redder it gets) means the support for climate innovations is better
Mapping: Cleantech Innovation hotspots - Cleantech Innovation index
Preconditions for a successful cleantech innovation at country/city level
- 15 indicators
Country profile – 2nd of 40
General drivers World class research infrastructuresGood entrepreneurial attitudes
Cleantech drivers High cleantech R&D
Emerging innovation Relatively good VC investment High number of environment-related patents Several high-profile cleantech innovation companies
Commercialised innovation
Strenghts
General drivers World class research infrastructuresGood entrepreneurial attitudes
Cleantech drivers High cleantech R&DAverage cleantech-friendly government policies
Emerging innovation Relatively good VC investment High number of environment-related patents Several high-profile cleantech innovation companies
Commercialised innovationOK revenue and value added from cleantech sectorAverage PE investment levels
Average
General drivers World class research infrastructuresGood entrepreneurial attitudesPoor Early-Stage Entrepreneurial activity
Cleantech drivers High cleantech R&DAverage cleantech-friendly government policies Poor renewable energy attractivenessLow amount in cleantech focused project funds
Emerging innovation Relatively good VC investment High number of environment-related patents Several high-profile cleantech innovation companies
Commercialised innovationOK revenue and value added from cleantech sectorAverage PE investment levels Low renewable energy consumption and jobs Few M&A and cleantech IPOs
Weakness
Opportunity to bridge Start-Up Generators and Strong Commercialisers
• Newer climate and renewables
policies
• Large domestic markets
• Scaling fast. Catching up in terms of
innovation
Cleantech Start-up Generators Strong Cleantech Commercialisers
• Various stimuli which make
cleantech attractive
• Small domestic market
• Difficulty to rapidly scale their
businesses
Source: Country Archetypes as identied in WWF / Cleantech Group’s Global Cleantech Innovation Index 2014
Source: An outline of how international collaborations can support the diffusion of climate innovations – a pre–study Model derived from Gnyawali, Madhavan, Adenfeldt Lagerstrom
Strategic Innovation Partnerships - A New Approach for Permanence and High Density needed
to get most innovative cleantech commercialised at scale
Time for Nordic Cleantech Orchestration on growing markets……and hubs for international Cleantech Orchestration in Nordics
- Nordic Innovation House in Silicon Valley
- Scaling platform – “Think Big”
- Nordic Relevant deal flow Attractiveness to local
investors and business
- 1-6 months incubation presence
- Grow or fail fast
- Doubling (52 to 97) Nordic tech start-ups presence in
Silicon Valley over first six months
- Co-funded by Nordic Innovation and Nordic country
government agencies responsible for business growth
within their respective countries
Recommendations
1. All: Plan for success – circular, sharing economy staying within
planetary boundaries
2. Policy
a) Strengthen domestic policy environment for cleantech, in
particular modern renewable energy
b) Be a test bed to attract global talent and stay ahead of fast-
moving game
c) Orchestration of born globals to international markets, Strong
Commercialisers is priority
d) Explore and expand Nordic/Regional collaboration
e) Sustainable Entrepreneurship programmes
3. Finance
a) Activate debt finance, eg green investment bank/green bonds
b) Get involved in cleantech-as-a-service business models
c) Cleantech shortcut to stock market
4. Corporates
a) Activate corporate sector to share risk/opportunities, M&As
and market entry
5. All: Inspire and be inspired by real entrepreneurship
