While the industry is the engine of the modern world, we are also aware that it is an excessive contributor to the rising levels of greenhouse gas emissions. Therefore, we need to drastically reduce our impact on the environment in order to combat climate change and achieve a net zero world by 2050. The only pathway forward is when we transition to a more sustainable energy system. But that does not come without complex challenges: transitioning to a cleaner energy system requires significantly enhanced investments. At the same time, not all sectors can implement climate technologies or renewable energies simultaneously, which makes the progress of the energy transition not linear. Resulting that we are not in line at present with the objectives set out in the Paris Agreement. Innovation will be key. After all, for most new clean technologies, the costs are reducing far too slowly to be able to bring down emissions at scale. Renewable energy sources, sustainable new technologies and supporting infrastructure must be made available and affordable quicker. This calls for entrepreneurship and remarkable partnerships to ensure such technologies’ development, implementation and scale-up.
First Dutch assists established, conventional businesses in making the transition to a sustainable future while we encourage the development of new energy solutions. We also connect all parties across the value chain to increase collaboration and accelerate the energy transition.