Wednesday, August 17, 2022
News

Israel to invest 880 mln USD in climate technology innovation

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Middle East | June 27, 2022 3:57:15 AM IST
Jerusalem [Israel], June 27 (ANI/Xinhua): Israel's Ministry of Environmental Protection announced on Sunday that the country will invest 3 billion shekels (about 880 million U.S. dollars) to facilitate innovation in climate technologies.

The decision is aimed at accelerating innovation in Israel's climate tech ecosystem to support Israel's efforts to address the climate issue, according to the ministry.

Major quantitative goals to support climate innovation stated in the decision are expected to be met by 2026.

These goals include the doubling of climate tech applied studies, patents, startup companies, and pilot projects carried out on state infrastructure, increasing the number of fundraising deals and Israeli venture capital funds specializing in climate technologies, and the promotion of joint research with other countries.

The plan also includes the use of satellites to monitor climate change and environmental hazards, and the establishment of a technology incubator to promote projects, according to the ministry. (ANI/Xinhua)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE WORLD NEWS
China orders factories to shut down as i...
Jaishankar to hold joint commission meet...
Trump says FBI returned his passports bu...
Madagascar President thanks India for st...
After twitter bid, Elon Musk now sets ey...
Pakistan's development mania costs Karac...
More...
 
INDIA WORLD ASIA
Lakshadweep BJP leader booked for insult...
Sukhbir Badal urges PM Modi to iron out ...
Centre receives 38 technical bids for DB...
Time has come to dethrone BJP-led govern...
Trial runs for cargo movement to NE usin...
No drinking water for 30 days: Residents...
More...    
 
 Top Stories
Dirshyam Films' 'SIYA' teaser is ou... 
ICC expresses grief at passing of f... 
Freedom from In-stent-Restenosis... 
Union Cabinet approves interest sub... 
KIIFB Scam: Kerala High Court postp... 
Luxury on two wheels. BMW Motorrad ... 
Fire breaks out under railway arche... 
Cabinet approves 1.5 per cent inter...