The Innovator's Radar newsletter enables you to stay on top of the latest business innovations. Enjoy this week's edition.
Jennifer L. Schenker
Innovator Founder and Editor-in-Chief |
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The 2025 World Economic Forum Energy Transition Index shows continued progress in the global shift to cleaner energy, with nearly half of countries improving their performance over the past decade, but the pace and resilience of the transition remain uneven.
The Fostering Effective Energy Transition 2025 report, developed in collaboration with Accenture, benchmarks the performance of energy systems of 118 countries across three performance dimensions – security, sustainability and equity – and five readiness factors: political commitment, finance and investment, innovation, infrastructure, and education and human capital.
The 2025 Energy Transition Index recorded a 1.1% year-on-year gain – the fastest since pre-COVID levels. Some 65% of countries improved their Energy Transition Index scores, with 28% advancing across all three core dimensions but the news is not all good.
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- I N T E R V I E W O F T H E W E E K - |
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Who: Jean-Claude Burgelman is the director of the Frontiers Planet Prize, a global annual competition organized by the Frontiers Foundation, to bring actionable science to policy, industry and the public. He is also currently editor-in-chief of Frontiers Policy Lab. Before retiring in 2020 Burgelman was in charge of Open Science Policies at the European Commission.
Topic: This year’s Frontiers Planet Prize and why it is important for business to get involved.
Quote: "There is not only a moral imperative to behave responsibly, there’s a business opportunity. The opportunity is not only to avoid climate change getting worse but to create new businesses and reinvent the business practices of today. Investing in us and the science we celebrate is investing in the economy of the future. Be first!
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- S T A R T U P O F T H E W E E K - |
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| Save Your Wardrobe has developed technology to help companies map their operations and build aftersales infrastructure to reduce returns and generate new revenue streams. Clients include LMVH, Maje and Loro Piana. The company is currently expanding from clothing to home appliances, electronics watches and jewelry, luggage, kitchens and furniture.
The London-based company won the LMVH Innovation award at VivaTechnology 2023 and was present at this year’s conference, which took place June 11-14.
“There is a lot of discussion about circularity and sustainability,” says co-founder and CEO Hasna Kourda. “What we bring to the table is the infrastructure to implement it and make it real.”
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- N U M B E R O F T H E W E E K - |
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| Valuation of German defense tech group Helsing after Spotify founder Daniel Ek’s investment company announced a €600 million funding round , making the German defense tech group one of Europe’s most valuable start-ups. The deal comes as the Munich-based start-up is expanding from its origins in AI software to produce its own drones, aircraft and submarines.
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| Mumbai’s commuters will soon be able to take flying electric ferries. A fleet of 11 hydrofoiling P-12 commuter ferries made by Swedish marine tech company Candela will create new links across Mumbai's waterways, forming the nucleus of the city’s electric transport network, which is set to eventually include thousands of vessels. The ferries have been ordered by Mumbai-based operator JalVimana.
WhatsApp, which counts 200 million businesses among its more than 3 billion monthly active users, said it plans to introduce paid advertising. The company said it would roll out the feature globally over the next few months. |
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The Innovator's Editor-in-Chief Will Be Moderating At The Following Events:
World Economic Forum's Annual Meeting Of The New Champions, June 24-26, Tianjin, China |
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