stefan henningsson, wwf: global cleantech innovation index: tools to build a thriving...
TRANSCRIPT
![Page 1: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/1.jpg)
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
![Page 2: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/2.jpg)
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
![Page 3: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/3.jpg)
Living Planet Report 2014
Source: Stockholm Resilience Centre, 2009.
The planetary picture – Redefines cleantech
Planetary boundaries
![Page 4: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/4.jpg)
4
The Energy Report
Scenario Intro
100% Renewable Energy is doable
![Page 5: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/5.jpg)
$ 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.
![Page 6: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/6.jpg)
Source: Bloomberg New Energy Finance & PV Energy Trend, 2015
Innovation starting to have impact - Solar PV last 38 years
![Page 7: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/7.jpg)
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
![Page 8: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/8.jpg)
Renewables as a share of global power capacity additions (2001–2013), IRENA database 2015
Innovation starting to have impact
![Page 9: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/9.jpg)
Innovation starting to have impact
![Page 10: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/10.jpg)
Source: Will solar, batteries and electric cars re-shape the electricity system?, UBS Financial Research, 2014
Financial sector waking up to cleantech
![Page 11: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/11.jpg)
Financial sector waking up to cleantech
![Page 12: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/12.jpg)
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
![Page 13: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/13.jpg)
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
![Page 14: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/14.jpg)
Preconditions for a successful cleantech innovation at country/city level
- 15 indicators
![Page 15: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/15.jpg)
Country profile – 2nd of 40
![Page 16: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/16.jpg)
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
![Page 17: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/17.jpg)
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
![Page 18: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/18.jpg)
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
![Page 19: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/19.jpg)
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
![Page 20: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/20.jpg)
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
![Page 21: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/21.jpg)
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
![Page 22: Stefan Henningsson, WWF: Global Cleantech Innovation Index: Tools to build a thriving cleantech-sector for Finland](https://reader030.vdocument.in/reader030/viewer/2022021508/5a6d21c57f8b9af2418b4d51/html5/thumbnails/22.jpg)
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