Columbia University will launch a grantmaking and accelerator program to develop, commercialize, and scale tools and technologies focused on lowering emissions by turning carbon into useful products.
Announced last week at the COP26 climate talks in Glasgow, Columbia University was awarded $10 million in seed funding under New York State’s Carbontech Development Initiative. This program will allow researchers and entrepreneurs working on carbon capture, utilization, and storage-related technologies to expand on their work and establish New York as a center for carbontech innovation.