Expect continuing technical advancement in everything from electric automobiles to medical Environment Technology Trends in 2022. Here’s an outlook on upcoming technological breakthroughs from a major product development services organization, where we see the freshest and greatest technology ideas arrive every week.
When examining the sustainability themes that will affect the tech innovation environment, one must first consider the groundwork laid by 2021 – a year of sustainability advances.
Here are the top 5 Environment Technology Trends in 2022;
1. Infrastructure for Electric Vehicles (EVs)
The true competition in EV technology is the underlying infrastructure required to facilitate a quick shift in new car production from internal combustion engine (ICE) to electric power. This encompasses everything from home-based charging and power management to centralized charging stations. While such technology is prevalent in certain regions, it will need to grow quickly in order to support this change in the near term. Environment Technology Trends
Furthermore, the rising demand for energy for EVs would necessitate technological advancements in backend infrastructure to store and distribute electric power. The problem is exacerbated by the shift toward renewable energy sources, whose output is affected by weather and time of day. Environment Technology Trends
For years, we’ve seen robot applications in industrial space. The technology has been more evident in the consumer market during the previous several years. This includes devices as basic as home floor-cleaning goods, supermarket robots to clean up spills in the aisles, and bricklaying robots for the construction sector. Robots are also often used in a number of medical treatments. As algorithms get more clever and physical device paradigms to shift, this tendency will continue. Much money is being invested in robots in new areas. Environment Technology Trends
Robots will become more dexterous as technology progresses, displaying enhanced fine motor abilities. In manufacturing, we anticipate that robot development will continue to accelerate in applications needing task-specific skills that are acceptable for small businesses. Given the persistence of supply-chain issues, we anticipate the continuous development of robots applied to transportation and logistics difficulties. Environment Technology Trends
3. Sustainable Investment
Investors are actively monitoring sustainability trends and will continue to accelerate investments in technologies with an environmental or social impact component, or those attempt to solve a sustainability problem. The EU’s Sustainable Finance Disclosure Regulation already mandates financial market players and advisers to provide product information about sustainability, and it categorizes funds based on how firmly they integrate sustainability into their investment choices. Environment Technology Trends
Investors employ a variety of perspectives to consider these sustainability needs in their investment theses, pre- and post-investment assessments, and monitoring. These include negative screening (excluding firms that do not meet particular criteria), positive screening (identifying companies that outperform their peers on specific ESG components), Environment Technology Trends ESG integration (systematic integration of ESG and financial data), and impact investment (focus on social, environmental, and financial returns). Investors will almost certainly continue to employ a combination of these frameworks.
Sustainability investment is already picking up steam in Central and Eastern Europe. Czech fund Rockaway Ventures launched a €100 million ESG fund, Speedinvest committed an additional €80 million to sustainability-focused startups, Environment Technology Trends Croatian fund Feelsgood acquired 40% of BE-ON by investing €1.3 million to solve financial exclusion, and Ecosia launched the largest European climate tech fund to invest €350 million in decarbonization.
4. Sustainable Packaging and Product Design
2021 saw the EU ban on single-use plastics coming into force across member countries, with the goal of minimizing plastic pollution, especially marine litter. Items like plastic straws, cups, cutlery, as well as polystyrene takeaway boxes made the list; 5 out of 10 are packaging products. Towards the end of the year, France took further legislative action, banning plastic packaging on fruits and vegetables, aiming to phase out all single-use plastics by 2040. Environment Technology Trends
Other European countries are expected to follow in these steps, with Spain already announcing its intent. Among other sustainability trends, in 2022 we expect to see packaging manufacturers, distributors, and FMCG producers accelerate innovations around eco-friendly design, materials, and processes, in search of alternatives to plastics. Environment Technology Trends Some global success stories demonstrate the commercial potential of alternative packaging. Following a merger, plant-based packaging maker Footprint will shortly make its market debut on Nasdaq. They work with some of the biggest names in FMCG and retail.
5. Enforcement of Net Zero Policy
Regulation advances will compel corporations to become more serious about their net-zero ambitions, exposing those who make bogus claims. According to an October study, one-fifth of the world’s 2,000 biggest publicly traded corporations have committed to a net-zero approach. Environment Technology Trends . However, the survey also highlighted that many corporations either do not record emissions generated by their supply chains or rely on untrustworthy tactics to offset their carbon footprints.
To remove greenwashers, the United Nations (UN)-backed non-profit Science Based Targets initiative (SBTi) assists corporations in translating the Paris Agreement’s aim into tangible steps by accrediting only enterprises with significant carbon-mitigation strategies.
Companies will be required to first compile a detailed inventory of their direct emissions (Scope 1), indirect emissions from bought power (Scope 2), and emissions from suppliers and end-users (Scope 3).] Companies must next prepare a detailed strategy outlining how they will report on and implement emissions reductions that will bring their firm in line with the amount of decarbonization necessary to keep global temperature rise below 2 degrees Celsius above pre-industrial levels. Under the SBTi criteria, most businesses will require 90 to 95 percent decarbonization to attain net-zero.
These are just a handful of the impending 2022 trends. By this time next year, a slew of new key technologies will have appeared, influencing the goods we create and how we use technology in our daily lives. In the long term, as more governments commit to combating global warming, the development of technologies for sustainable energy generation, environmental remediation, and mining of recyclable materials should accelerate.