10 climate tech innovations that give us hope for 2024

March 27, 2020
by Dominic Shales

As the world grapples with the escalating impacts of climate change, technological innovation stands as a beacon of hope. In 2024, several groundbreaking climate tech advancements promise to mitigate environmental damage and foster sustainable development. Here are ten remarkable innovations that give us hope for a greener future.

Advanced Carbon Capture and Storage (CCS)

Carbon capture and storage (CCS) technology has made significant strides, becoming more efficient and cost-effective. CCS involves capturing carbon dioxide emissions from industrial processes and storing them underground to prevent them from entering the atmosphere. New advancements in materials and engineering have increased the efficiency of carbon capture, while innovations in storage methods ensure safe and long-term sequestration. Companies like Climeworks and Carbon Engineering are leading the charge, aiming to significantly reduce industrial carbon footprints and combat global warming.

Green Hydrogen Production

Hydrogen has long been touted as a clean energy source, but traditional production methods are energy-intensive and carbon-heavy. Green hydrogen, produced using renewable energy sources like wind and solar power, offers a sustainable alternative. In 2024, advancements in electrolyzer technology and increased investment in renewable energy infrastructure have made green hydrogen more viable and cost-competitive. Projects like the European Green Hydrogen Initiative are scaling up production, aiming to decarbonize industries such as steel, chemicals, and transportation.

electric airplane

Vertical Farming

Vertical farming is transforming agriculture by allowing crops to be grown in stacked layers, often in urban environments. This innovative approach minimizes land use, reduces water consumption, and eliminates the need for harmful pesticides. In 2024, advancements in LED lighting, hydroponics, and automation have made vertical farming more productive and economically viable. Companies like AeroFarms and Plenty are leading the way, providing fresh, locally grown produce while reducing the carbon footprint associated with traditional farming practices.

Ocean-Based Carbon Sequestration

The world’s oceans have a vast capacity to absorb carbon dioxide, and scientists are harnessing this potential through ocean-based carbon sequestration techniques. Projects like Project Vesta and Running Tide are exploring the use of minerals like olivine to enhance the ocean’s natural ability to sequester carbon. By accelerating the natural weathering process, these innovations aim to capture and store significant amounts of CO2, helping to mitigate the effects of climate change and protect marine ecosystems.