Sam Ramadori, the Chief Executive Officer (CEO) of BrainBox AI, a Canadian company with a pioneering AI-driven building technology, will share how scaling up climate tech is key to unleashing the latent emissions reduction potential of this emerging asset class at the 27th United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, Egypt this week.
Sam Ramadori said, “We absolutely need greater cross-sector collaboration to overcome the barriers that impede the rapid adoption at scale of climate innovation and to realise the full value of the 14 cents of every venture capital dollar spent on climate tech.”
Adoption at scale to reduce global GHG emissions
We must collectively think about real, concrete ways that we can motivate adoption at scale"
Sam Ramadori adds, “We must collectively think about real, concrete ways that we can motivate adoption at scale, particularly in the traditional sectors of our economy that account for an important part of global GHG emissions, but that have not been accustomed to rapid innovation changes.”
He continues, “This is the only way we can achieve the United Nations’ objective of reducing emissions by 45% by 2030, reaching net zero by 2050, and ultimately, saving the human race.”
BrainBox AI’s innovations reduce real estate carbon footprints
Innovators such as BrainBox AI, whose technology lowers commercial real estate carbon footprints by up to 40% and offers energy cost savings of up to 25%, will join established industrial technology leaders like ABB and Arup for a series of panel discussions. The companies will together utilise the global COP27 platform to discuss ways in which climate tech can help ensure a low carbon future.
BrainBox AI will join MaRS Discovery District, Resilient LLP, KPMG, and other prominent Canadian climate innovators at COP27, on November 8, 2022, for a panel discussion titled ‘Innovative Approaches to Accelerating Cleantech Adoption’.
Accelerating Cleantech Adoption session
The session, taking place in the Canadian Pavilion, will point to the importance of inclusiveness, collaboration, and coalition-building as features of some Canadian programmes that have been designed to effectively scale and speed up the adoption of low-carbon innovations.
At COP27, we are collaborating with BrainBox AI to drive positive economic and environmental impact"
Tyler Hamilton, the Director of Ecosystem, Cleantech at MaRS said “Cleantech is one of the core sectors we work with in our drive to empower Canada’s most promising innovators to make global connections. At COP27, we are collaborating with BrainBox AI to drive positive economic and environmental impact, and help address some of the world’s most pressing problems.”
Accelerating energy efficiency
BrainBox AI has also been invited by major global technology company and partner - ABB to appear at an energy efficiency panel in the International Chamber of Commerce area of COP27 on November 11, 2022.
The company will speak about accelerating energy efficiency in the built environment, alongside the World Green Building Council, the International Standards Organisation, and others. Sam Ramadori will speak alongside leading contributors including Morton Wierod, the President of ABB Electrification.
Need for faster action to accelerate transition to net zero
Morten Wierod, President of Electrification at ABB, said “There is no denying that now, in this decade, must be the time for faster action to accelerate the transition to net zero. Our attendance at COP27 is geared towards supporting this transition and highlighting how we can address the world’s energy challenges through improved energy efficiency and safe, smart, and sustainable solutions.”
He adds, “Much of the technology to achieve this is already available, but it requires more commitment, investment, and collaboration to fully optimise. Innovation also has a key part to play, and we look to partners like BrainBox AI with fresh ideas and approaches to achieve the sustainable future we all need.”
BrainBox AI to participate in webinar
In addition, BrainBox AI will participate in a webinar hosted by Anton Kotov
In addition, BrainBox AI will participate in a webinar hosted by Anton Kotov, the Head of Strategy and Business Development, ABB Electrification, on November 15th, alongside Mary de Guzman, Director of ESG at Sleep Country Canada, on the subject of ‘Decarbonising the Built Environment: The Role of IoT, Cloud and Artificial Intelligence’.
The webinar is a key part of a broader programme of virtual sessions hosted by the International Chamber of Commerce, which are live-streamed to thousands around the world.
BrainBox AI is considerably reducing carbon emissions
BrainBox AI is considerably reducing carbon emissions, impacting over 100,000,000 sq. ft. of real estate across 20 countries, with clients such as AMP Capital, GWL Realty Advisors and Landsec.
In 2020, BrainBox AI was recognised by TIME as one of the Top 100 best inventions of the year and received the Tech for Our Planet Award at COP26. The company is also a member of the MaRS Discovery District, the largest urban innovation hub in North America.