TTI Global Impact Awards
Energy & Climate: Our Awards Areas and Targets
All energy sources have an impact on the environment. While fossil fuels still contribute to pollution, habitat loss and climate change, the global outcry for harmony between energy and environment has grown stronger than ever before.
The “Energy & Climate” category of the TTI Global Impact Awards looks at how to transition the entire sector into a sustainable paradigm by reducing carbon emissions, building resilience to climate change and restoring our ecosystems below water and on land.
The award winner for 2022: Carbofex - turning waste into value by binding CO2 to the soil
1. Environmental Impact Reduction - Carbon Emissions
Target: Reduction in emissions to keep global temperature below 2 degrees Celsius; 45% carbon emissions reduction by 2030
→ Metric: Reduction and restoration in the manner of below
Target: Increase the share of renewable energy in the energy mix (and reduce the dependence on fossil fuels); Double the rate of energy efficiency by 2030
→ % of renewable energy in overall energy production and/or consumption
Target: Balance the need for electricity against renewable energy sources
→ Metric: Use of "smart" electricity grids (use of AI)
Target: Reduction in pollution, elimination of dumping, and minimal levels of hazardous chemicals and materials used
→ Metric: Good treatment of water bodies and management of industrial and domestic water flow
Target: Increase efficiency of water-use, and sustainable withdrawals and supply of freshwater
→ Metric: Freshwater withdrawal as a proportion of available water resources; Levels of water stress
Target: Decouple economic growth from environmental degradation
→ Metric: Material footprint (per capita and per GDP)
→ Metric: Reduce material consumption (per capita and per GDP)
Target: Conservation, restoration and sustainable use of terrestrial and inland freshwater ecosystems (dryland, wetlands, mountains and forests)
→ Metric: Reduced land pollution (ecotoxicity, acidification, salinization, transformation) (km2, ha)
→ Metric: Expansion of forest land (km2, ha)
2. Resilience
Target: Build sustainable water resistance in face of climate change
→ Metric: Using solar panels to purify water and low-cost and sustainably powered ultrapure water
Target: Strengthen resilience and adaptive capacity to climate-related risks and natural disasters
→ Metric: Incorporation of climate-risk assessment into strategy planning
→ Metric: Water storage capacity (m3)
→ Metric: Flood-resistant floor space (m2)
3. Restoration
Target: Restoration of fish stocks
→ Metric: % of biodiversity loss avoided/reduced (# of species)
Target: Restoration of the marine ecosystem by 2050 and reduction of coral reef eradication
→ Metric: Creation of underwater habitats and the building of coral reefs (# of habitats)
Target: Restoration and protection of water-related ecosystems (including rivers, forests, mountains, wetlands, aquifers and lakes); Reduction in fish catching to recover enough to maintain the 2010 fish-catch level in 2050
→ Metric: Ocean preservation; % less fish-catching and restoration of fish stocks (% of fish stocks within biologically sustainable levels)
Target: Restoration of land ecosystems
→ Metric: Creation of habitats
→ Metric: % of biodiversity loss avoided/reduced (# of species)