Isra-Tech | april 2023

field of infrastructure. For example, a company called Criaterra develops green products for the construction sector, which are produced using a revolutionary method that reduces about 90 per cent the energy inputs in the production stages and can be fully recycled. This way a 15 -storey building that will be built out of Criaterra blocks, instead of standard concrete blocks, may save up to 800 , 000 kilograms of Co 2 emissions. In the field of Waste Management, we can mention the company HomeBiogas, which specializes in treating organic waste at its source, and turning it into renewable energy available to the customer. The company's unique biogas systems reduce up to six tons of Co 2 -eq per year in the home system and up to tens of tons of Co 2 -eq per year in the institutional system. A significant part of these companies is operating globally, and some have been making their first steps towards exporting. The common feature for both types of companies is the huge technological potential in scaling, and their promising contribution to the purpose of emission reduction. Therefore, what is currently required at the macro level is to remove regulatory barriers for those companies, while encouraging capital investments in the field and supporting their R&D efforts - especially in the initial stages. Our individual role as the Israeli Export Institute is to assist those companies in scaling, by creating business opportunities around the world and locating potential markets and customers. This includes designated business activities with companies and corporations abroad, exposure events of the Israeli climate tech industry to the world, organizing professional conferences and more. Bringing forward business opportunities in the Climatech field Prominent examples of such business activity were evident during the world's most significant summit on climate change, COP 27 , which took place last November at Sharm Al Sheikh, Egypt. During this conference, the Israel Export Institute, in cooperation with the Foreign Trade Administration at the Ministry of Economy and Industry, held Israel's main business event. The event showcased the most advanced Israeli solutions to the challenges of global climate change, with the focus being on Energy, Water scarcity, Agriculture & Food-tech. It brought together governmental entities, investors, and multinational corporations fromaround the world, all of which got acquainted with the innovative Israeli technologies in these spheres, and explored future collaborations and joint ventures. Following the successful event at COP 27 , which was attended by more than 40 Israeli Climatech companies and over 300 participants overall, the IEI is planning, along with its partners, to hold the next main Israeli business event at COP 28 . This summit will take place this year at the UAE. And just like last time, this year the focus will be on bringing forward the business opportunities in the Climatech field with B 2 B meetings between the Israeli companies and the international stakeholders, in order to facilitate an open dialogue to explore potential synergies. This is, of course, just one example, and there are many more. However, the principle is clear: through integrated support for innovative start-up companies, alongside the creation of business opportunities around the world, we can practically support the enormous business potential embodied in the Israeli Climatech industry. 31