CICE Funds Innovation to Advance the Measuring, Monitoring, and Verification (MMV) of Carbon Management
Summary
Centre for Innovation and Clean Energy for their efforts in recognizing and funding projects that have the potential to be real game-changers in carbon management and realize a healthier future. "British Columbia has a unique opportunity to lead the advancement of carbon management solutions by establishing MMV pathways and innovations," said Todd Sayers, Chief Operating Officer of the B.C. "CICE is proud to lead catalytic investment into Arca, Metaspectral, Miraterra, and Quatern Limited Partnership and looks forward to seeing their solutions reach global scaling and climate impact potential. Using an intelligent risk-taking framework, CICE strives to maximize potential impact of breakthrough clean energy and climate solutions by: Identifying the optimal convergence points of decarbonization and real-world readiness backed by CICE research and industry consultation Accelerating clean energy adoption and growth by mobilizing collaboration between government, industry, investors, academia and Indigenous rights holders De-risking investment in early stage cleantech and climate solutions through a government and industry co-funding modelArca is developing MMV technology for quantifying and validating carbon dioxide removal via carbon mineralization - a geochemical process that removes atmospheric CO2 and permanently stores it as rock - in alkaline waste. Together with our climate-first community of innovators, industry leaders, academia, government, and Indigenous partners, we advance future pathways to net-zero - leveraging B.C.s clean energy advantages to attract investment, create high paying green jobs and build sustainable economic prosperity for decades to come.For further information: For questions or interviews, please contact: Stacy Gorkoff, Head of Marketing, BC Centre for Innovation and Clean Energy (CICE), [email protected], 604.828.5548, www.cice.ca
Funding
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