Global warming continues to accelerate at an alarming rate, posing severe threats to ecosystems, weather patterns, and human livelihoods worldwide. As the planet faces rising temperatures, melting ice caps, and increased frequency of extreme weather events, urgent action is necessary to mitigate these impacts and meet international climate goals. One effective strategy is to significantly increase funding for projects that support Environmental, Social, and Governance (ESG) initiatives.
Novum Global Ventures (the company behind the leader in stock trading bot software – StockHero.ai), in partnership with Stripe, is leading the way in corporate responsibility by dedicating 1% of its revenue to fund ESG projects. This commitment reflects the company’s recognition of the critical need for sustainable practices and its role in fostering a healthier planet. By investing in renewable energy, sustainable agriculture, and carbon reduction technologies, Novum Global Ventures not only enhances its own sustainability but also contributes to broader efforts to combat climate change.
Such corporate initiatives are vital as they provide essential resources for innovative projects that might otherwise lack funding. The investment in ESG projects by companies like Novum Global Ventures can drive significant progress towards meeting global climate goals, such as those outlined in the Paris Agreement. As more corporations follow this model, the collective impact could lead to substantial reductions in greenhouse gas emissions and a more sustainable future for all.
Check out these three new ESG projects that were part of the latest round of funding:
I. Lithos
Lithos accelerates the natural process of mineral weathering by spreading basalt on croplands to increase dissolved inorganic carbon in the soil. Its technology uses novel soil models and machine learning to maximise carbon dioxide removal, while boosting crop growth.
II. Heirloom
Heirloom absorbs carbon dioxide from ambient air by accelerating carbon mineralisation, so that it happens in days rather than years. Then it extracts that carbon dioxide for permanent storage.
III. CarbonCapture
CarbonCapturebuilds direct air capture machines that use solid sorbents to soak up atmospheric carbon dioxide and release concentrated carbon dioxide when heated. It then stores the captured carbon dioxide stream permanently underground.
Every little action counts in our fight against global warming. Start now for our future generations.