WEBVTT 8cd1a11a-b774-44b8-8781-6516a23713f2-0 00:00:00.470 --> 00:00:04.218 Diego, which emerging climate technologies aren't receiving 8cd1a11a-b774-44b8-8781-6516a23713f2-1 00:00:04.218 --> 00:00:05.280 enough attention? 914d39d8-0f03-48c2-b10c-3b8f51ae3af7-0 00:00:06.070 --> 00:00:09.412 Well in my perspective, a lot of the emerging technologies that 914d39d8-0f03-48c2-b10c-3b8f51ae3af7-1 00:00:09.412 --> 00:00:12.075 got the attention in the last years are related to 914d39d8-0f03-48c2-b10c-3b8f51ae3af7-2 00:00:12.075 --> 00:00:14.947 low-investment assets. So digital stuff, AI and things 914d39d8-0f03-48c2-b10c-3b8f51ae3af7-3 00:00:14.947 --> 00:00:15.469 like that. e0a87bd3-6281-45fa-b2fa-bfd68fbe7ec7-0 00:00:16.150 --> 00:00:19.776 But there are a lot of technologies that could actually e0a87bd3-6281-45fa-b2fa-bfd68fbe7ec7-1 00:00:19.776 --> 00:00:23.920 bring implementation up to speed in terms of climate change and e0a87bd3-6281-45fa-b2fa-bfd68fbe7ec7-2 00:00:23.920 --> 00:00:27.935 CO2 reductions. And those are, by example, direct air capture e0a87bd3-6281-45fa-b2fa-bfd68fbe7ec7-3 00:00:27.935 --> 00:00:31.496 or some of the sequestration technologies that are not e0a87bd3-6281-45fa-b2fa-bfd68fbe7ec7-4 00:00:31.496 --> 00:00:35.123 directly putting the CO2 underground, but more into the e0a87bd3-6281-45fa-b2fa-bfd68fbe7ec7-5 00:00:35.123 --> 00:00:38.490 ocean. And then some technologies where you can use e0a87bd3-6281-45fa-b2fa-bfd68fbe7ec7-6 00:00:38.490 --> 00:00:42.375 CO2 to produce materials. So carbon capture utilization. On e0a87bd3-6281-45fa-b2fa-bfd68fbe7ec7-7 00:00:42.375 --> 00:00:46.520 top of that, things related to energy, by example, hydrogen and 7353489f-ec94-4022-9c13-bb1c32381221-0 00:00:46.630 --> 00:00:50.334 nuclear energy haven't had the attention they deserve. So I 7353489f-ec94-4022-9c13-bb1c32381221-1 00:00:50.334 --> 00:00:54.100 think those five are the most interesting in my perspective. c421fd59-b56d-4cf6-b2fe-6194057f5490-0 00:00:55.140 --> 00:00:58.310 And there's a lot of talk here about finance, but what about c421fd59-b56d-4cf6-b2fe-6194057f5490-1 00:00:58.310 --> 00:01:01.168 the science problem? What's keeping impact tech out of c421fd59-b56d-4cf6-b2fe-6194057f5490-2 00:01:01.168 --> 00:01:04.442 reach? - I think there are mainly c421fd59-b56d-4cf6-b2fe-6194057f5490-3 00:01:04.442 --> 00:01:07.248 three problems. One is a strategic one, the second is c421fd59-b56d-4cf6-b2fe-6194057f5490-4 00:01:07.248 --> 00:01:10.574 tactical and then the third one is technical. The strategic one c421fd59-b56d-4cf6-b2fe-6194057f5490-5 00:01:10.574 --> 00:01:13.952 is related to the partnerships. I think when you think about the c421fd59-b56d-4cf6-b2fe-6194057f5490-6 00:01:13.952 --> 00:01:17.122 process science needs to get deployed, it's first discovery, c421fd59-b56d-4cf6-b2fe-6194057f5490-7 00:01:17.122 --> 00:01:17.330 then 4477292c-5d50-453d-9f8c-d84134ab23e8-0 00:01:19.060 --> 00:01:22.082 development, and then deployment. In between those 4477292c-5d50-453d-9f8c-d84134ab23e8-1 00:01:22.082 --> 00:01:25.519 three blocks, you require partnerships and scientists are 4477292c-5d50-453d-9f8c-d84134ab23e8-2 00:01:25.519 --> 00:01:29.253 not always approaching the right people, but specifically they 4477292c-5d50-453d-9f8c-d84134ab23e8-3 00:01:29.253 --> 00:01:31.920 are not using the right communication style. 69589c2b-b0c5-46b9-adbd-e8cd97ce4169-0 00:01:32.610 --> 00:01:35.860 I think scientists require, to get closer to the financial 69589c2b-b0c5-46b9-adbd-e8cd97ce4169-1 00:01:35.860 --> 00:01:39.110 people, to the commercial people, to the marketing people, 69589c2b-b0c5-46b9-adbd-e8cd97ce4169-2 00:01:39.110 --> 00:01:42.360 to be able to communicate properly where they want to say. 04d8576d-0e13-43e7-9ac4-9c79ec666e82-0 00:01:43.040 --> 00:01:46.416 That's from a strategic perspective. And communication 04d8576d-0e13-43e7-9ac4-9c79ec666e82-1 00:01:46.416 --> 00:01:50.223 wise, it's very linked to it. The style and the words used to 04d8576d-0e13-43e7-9ac4-9c79ec666e82-2 00:01:50.223 --> 00:01:54.091 convey a message to the market, that is the one who at the end 04d8576d-0e13-43e7-9ac4-9c79ec666e82-3 00:01:54.091 --> 00:01:58.021 is going to decide what to buy, is not getting to the mass. The 04d8576d-0e13-43e7-9ac4-9c79ec666e82-4 00:01:58.021 --> 00:02:01.644 communication about climate change, about the key metrics, 04d8576d-0e13-43e7-9ac4-9c79ec666e82-5 00:02:01.644 --> 00:02:05.389 is not always clear. So when changing the wording and making 04d8576d-0e13-43e7-9ac4-9c79ec666e82-6 00:02:05.389 --> 00:02:09.012 the mass understand what is on stake might change also the 04d8576d-0e13-43e7-9ac4-9c79ec666e82-7 00:02:09.012 --> 00:02:12.573 decision on what to buy and consequently what to produce. 04d8576d-0e13-43e7-9ac4-9c79ec666e82-8 00:02:12.573 --> 00:02:13.310 And finally, 0df7a6b0-7b87-47c8-8058-355f024e5800-0 00:02:13.980 --> 00:02:17.777 I think the materials developed over the last years are not yet 0df7a6b0-7b87-47c8-8058-355f024e5800-1 00:02:17.777 --> 00:02:21.338 at the scale they need to be to be deployed. And that means 0df7a6b0-7b87-47c8-8058-355f024e5800-2 00:02:21.338 --> 00:02:25.076 putting a lot of attention in, by example, materials to absorb 0df7a6b0-7b87-47c8-8058-355f024e5800-3 00:02:25.076 --> 00:02:28.755 CO2, on new materials to reduce the energy consumption in the 0df7a6b0-7b87-47c8-8058-355f024e5800-4 00:02:28.755 --> 00:02:32.316 processes and to make them with a higher yield. So a lot of 0df7a6b0-7b87-47c8-8058-355f024e5800-5 00:02:32.316 --> 00:02:35.758 attention needs to go towards synthetic biology, material 0df7a6b0-7b87-47c8-8058-355f024e5800-6 00:02:35.758 --> 00:02:38.843 science, and fermentation processes. So I think the 0df7a6b0-7b87-47c8-8058-355f024e5800-7 00:02:38.843 --> 00:02:42.167 scientists need to focus on those three things. - Well, 0df7a6b0-7b87-47c8-8058-355f024e5800-8 00:02:42.167 --> 00:02:44.600 Diego, thanks very much for joining us. b4054016-cae0-4a0d-90c3-f7c1e7309394-0 00:02:44.740 --> 00:02:45.290 Thank you so much for the opportunity. 091ebaac-2c54-44ee-8cd2-c69e31bfc4fd-0 00:02:46.200 --> 00:02:49.670