Tencent Launches Global CarbonX Program 2.0 to Accelerate Climate Tech Innovation
Tencent (TCEHY) has launched CarbonX Program 2.0, expanding its climate technology initiative globally. The program will invest tens of millions of dollars in four key areas: Carbon Dioxide Removal, Long-Duration Energy Storage, CCUS for Steel Industry, and CarbonXmade. Projects will be established in Kenya, Maldives, and Serbia.
The program has partnered with major companies including China Resources, McDonald's China, PepsiCo, and Unilever, along with investment partners like Africa Climate Ventures and ecosystem partners such as African Development Bank. Applications are open through May 2025, with final winners selected by February 2026.
Tencent (TCEHY) ha lanciato il Programma CarbonX 2.0, ampliando la sua iniziativa tecnologica climatica a livello globale. Il programma investirà decine di milioni di dollari in quattro aree chiave: Rimozione del Diossido di Carbonio, Stoccaggio Energetico a Lungo Periodo, CCUS per l'Industria dell'Acciaio e CarbonXmade. I progetti saranno istituiti in Kenya, Maldive e Serbia.
Il programma ha collaborato con importanti aziende tra cui China Resources, McDonald's Cina, PepsiCo e Unilever, insieme a partner d'investimento come Africa Climate Ventures e partner dell'ecosistema come la Banca Africana di Sviluppo. Le candidature sono aperte fino a maggio 2025, con i vincitori finali selezionati entro febbraio 2026.
Tencent (TCEHY) ha lanzado el Programa CarbonX 2.0, ampliando su iniciativa de tecnología climática a nivel mundial. El programa invertirá decenas de millones de dólares en cuatro áreas clave: Eliminación de Dióxido de Carbono, Almacenamiento de Energía de Larga Duración, CCUS para la Industria del Acero y CarbonXmade. Los proyectos se establecerán en Kenia, Maldivas y Serbia.
El programa ha hecho alianzas con grandes empresas como China Resources, McDonald's China, PepsiCo y Unilever, junto con socios de inversión como Africa Climate Ventures y socios del ecosistema como el Banco Africano de Desarrollo. Las solicitudes están abiertas hasta mayo de 2025, con los ganadores finales seleccionados para febrero de 2026.
텐센트 (TCEHY)는 탄소 기술 이니셔티브 CarbonX 프로그램 2.0을 전 세계에 걸쳐 확장했습니다. 이 프로그램은 이산화탄소 제거, 장기 에너지 저장, 철강 산업을 위한 CCUS, CarbonXmade의 네 가지 핵심 분야에 수천만 달러를 투자할 예정입니다. 프로젝트는 케냐, 몰디브 및 세르비아에 설립될 것입니다.
이 프로그램은 중국 자원, 맥도날드 중국, 펩시코 및 유니레버와 같은 주요 기업과 협력했으며, 아프리카 기후 벤처 및 아프리카 개발 은행과 같은 생태계 파트너와 투자 파트너와 함께하고 있습니다. 신청은 2025년 5월까지 접수되며, 최종 수상자는 2026년 2월에 선정됩니다.
Tencent (TCEHY) a lancé le Programme CarbonX 2.0, élargissant ainsi son initiative technologique climatique à l'échelle mondiale. Le programme investira des dizaines de millions de dollars dans quatre domaines clés : la suppression du dioxyde de carbone, le stockage d'énergie à long terme, le CCUS pour l'industrie de l'acier et le CarbonXmade. Des projets seront établis au Kenya, aux Maldives et en Serbie.
Le programme s'est associé à de grandes entreprises telles que China Resources, McDonald's Chine, PepsiCo et Unilever, ainsi qu'à des partenaires d'investissement comme Africa Climate Ventures et des partenaires de l'écosystème tels que la Banque africaine de développement. Les candidatures sont ouvertes jusqu'en mai 2025, et les gagnants finaux seront sélectionnés d'ici février 2026.
Tencent (TCEHY) hat das CarbonX-Programm 2.0 ins Leben gerufen und seine Klimatechnologie-Initiative weltweit ausgeweitet. Das Programm wird mehrere Millionen Dollar in vier Schlüsselbereiche investieren: Kohlendioxid-Entfernung, Langzeitenergiespeicherung, CCUS für die Stahlindustrie und CarbonXmade. Projekte werden in Kenia, den Malediven und Serbien eingerichtet.
Das Programm hat Partnerschaften mit großen Unternehmen wie China Resources, McDonald's China, PepsiCo und Unilever sowie mit Investitionspartnern wie Africa Climate Ventures und Ökosystempartnern wie der Afrikanischen Entwicklungsbank geschlossen. Bewerbungen sind bis Mai 2025 geöffnet, die endgültigen Gewinner werden bis Februar 2026 ausgewählt.
- Significant investment commitment of tens of millions of dollars in climate technology
- Global expansion of the program beyond China
- Strategic partnerships with major industry players and financial institutions
- Diversification into four key climate technology sectors
- None.
In the race to limit global warming and achieve net-zero emissions, one major challenge stands out: 75 percent of the solutions needed for decarbonization rely on technologies that are not yet fully mature. Guided by Tencent's mission of Tech for Good, the CarbonX Program is dedicated to helping these technologies scale, enabling them to play a major role in helping businesses and society at large achieve the ambitious targets outlined in the Paris Agreement.
The program is soliciting proposals for and will invest tens of millions of dollars in supporting innovative, early-stage technologies in four key areas:
- Carbon Dioxide Removal (CDR): Extracting historic emissions from the atmosphere, emphasizing technology-based solutions to ensure the permanence of the removal. Pilot projects for these efforts will be established in
Kenya . - Long-Duration Energy Storage (LDES): Developing a pathway for scaling up the ratio of renewable energy in power grids. To support this, 100-kilowatt pilot projects will be established in the
Maldives , designed to deliver more than six hours of energy storage. - CCUS for the Steel Industry: Exploring how to decarbonize this vital yet hard-to-abate industry. Rather than revalidate mature technologies, pilot projects set in
Serbia will advance next-generation point-source CCUS technologies. - CarbonXmade (CCU): Integrating captured carbon into chemical production and consumer products through the CarbonXmade consortium. This will drive the development of innovative product prototypes to achieve a seamless value chain from carbon to chemicals to consumer product.
CarbonX 2.0 brings together an expanding network of partners across sectors:
- Industry partners include China Resources, Conch Cement, Great Carbon Valley, HBIS Group and SCG.
- Another two industry partners, Sasol and Sinopec Carbon Industry Technology, join the CarbonXmade consortium, together with consumer product partners such as HAY, McDonald's
China , PepsiCo, Pop Mart International Group and Unilever. - Investment partners include Africa Climate Ventures, CASSTAR, China Merchants Venture, Copec WIND Ventures, Happiness Capital, HongShan Capital Group, Lightspeed China Partners, and MPCi.
- The program is further strengthened by ecosystem partners such as African Development Bank, Asian Development Bank, Global CCS Institute, Impact Hub, Sustainable Markets Initiative and XPrize.
Davis Lin, Senior Vice President of Tencent, said: "The urgency of our climate challenge is undeniable, and addressing it requires bringing the right technologies to market faster to drive impactful change. Our CarbonX program is dedicated to identifying and nurturing these solutions, supporting the transition from the lab to real-world applications. With the second iteration, we'reaiming to foster an international ecosystem that accelerates progress toward net zero."
Professor Jerry Yan, Fellow of European Academy of Sciences and Arts and Co-chairman of the CarbonX Expert Committee, said: "Addressing climate change demands scaling solutions that are not bound by specific technologies but driven by their potential to make a global impact. We need to accelerate innovation by fostering cross-sector and cross-region collaboration, while catalyzing the deployment of every viable solution to ensure they evolve and scale in line with our climate goals."
The program's application period for proposals is now open and welcoming submissions through May 2025 from participants worldwide, including early-stage startups, established companies, and academic or research institutions. The selection process will occur in two phases.
- The first phase (by September 2025): 10 to 15 teams per demonstration scenario will be shortlisted based on their potential to deliver significant impact.
- The second phase (by February 2026): 1 to 3 winning teams per scenario will be chosen from each group.
Winning teams will receive grant funding and additional resources to develop and implement their projects. A distinguished panel of experts from academia, industry, and finance will evaluate all applicants, selecting the most promising teams based on innovation, potential impact, and feasibility of implementation.
CarbonX 2.0 was unveiled at the Sustainable Social Value Innovation Summit in
For more information about the CarbonX 2.0, please visit CarbonX Program.
View original content:https://www.prnewswire.com/news-releases/
SOURCE Tencent
FAQ
What are the four key focus areas of Tencent's (TCEHY) CarbonX Program 2.0?
When is the application deadline for Tencent's (TCEHY) CarbonX Program 2.0?
Which countries will host pilot projects for Tencent's (TCEHY) CarbonX Program 2.0?
How many teams will be selected in Tencent's (TCEHY) CarbonX Program 2.0?
