MCi takes out win in #COP26 Pitch Battle
Glasgow, United Kingdom Wednesday 3 November 2021
Australian-based global clean tech company Mineral Carbonation International (MCi) has won the #COP26 Clean Energy Pitch Battle in Glasgow overnight.
More than 2500 companies around the world entered the competition, with the top 10 making it through to the finals in Glasgow.
MCi's Chief Operating Officer Sophia Hamblin-Wang delivered the winning presentation amongst her packed COP schedule, which also included a presentation to Prime Minister Scott Morrison's business roundtable yesterday morning.
MCi's technology speeds up the Earth's natural carbonation process to turn carbon emissions into products that can be used in concrete bricks, plasterboard and other building materials.
"We lock away carbon emissions permanently and safely, creating a profitable pathway to decarbonisation for industries that can't rely on renewable energy,” Ms Hamblin-Wang said.
“Our win shows Australian ingenuity and technology will play a huge role in the global decarbonisation challenge.
"We're working with companies all over the world to help solve their carbon emissions problems from our pilot plant in Newcastle, Australia,” Ms Hamblin-Wang said.
MCi Chief Executive Officer Marcus Dawe said the company is thrilled to receive this important recognition.
"We are scaling up our technology to lock away one billion tonnes of CO2 per annum into construction and manufacturing products for the circular economy,” Mr Dawe said.
MCi is presenting its technology at the COP26 Summit at the invitation of the Australian Government.
“It's been an amazing experience so far. COP26 represents the maturation of the climate action discussion, moving from what targets we're setting to how we're going to reach them.
“Our technology complements all the other technologies we'll need to stop the impacts of climate change on our lives and our environment.”