INTELLIGENT TECHNOLOGY
Sixteen winners in global initiative designed to help promising climate solutions grow and scale
Tencent announced 16 winners of CarbonX 2.0, a global initiative designed to help promising climate solutions grow and scale. The winners will receive a share of nearly US $ 30 million in catalytic funding, supported by technical resources, expert networks and opportunities to pilot and scale their solutions for real-world impact. The announcement was made at a flagship event at the London Science Museum, co-hosted with TED during London Climate Action Week 2026.
Tencent is also outlining progress in reducing emissions across its own operations through the use of renewable energy, efficient design and lower carbon infrastructure. These efforts are complemented by initiatives that support wider decarbonisation, enabled by Tencent’ s technologies and collaborative ecosystem.
Together, they reflect Tencent’ s approach to climate action: advancing breakthrough technologies and making measurable progress in reducing emissions for a more sustainable future on a resilient, shared foundation.
CarbonX 2.0 received 660 applications from 54 countries and regions across six continents. A cohort of 50 finalists was identified, before 16 winners were selected to receive the critical funding and resources needed to scale their solutions from pilot to real-world deployment.
Ten of the 16 teams span four critical technology areas:
• Carbon Dioxide Removal – technologies that remove CO₂ directly from the atmosphere, with pilots in Kenya
• CCUS for Steel – solutions to reduce emissions in one of the hardest to abate industrial sectors, with pilots in Serbia and China
• Carbon Utilisation( CCU / CarbonXmade) – converting captured CO₂ into useful materials and products
• Long Duration Energy Storage – enabling stable, 24 / 7 renewable energy systems, with pilots in the Maldives
Six additional teams were selected to receive tailored support, including Measurement, Reporting and Verification, carbon-credit procurement commitments and green-premium subsidy mechanisms.
From utilising geothermal energy to capture CO₂, to creating a water-based organic flow battery for enhanced energy security and creating sustainable plastics from captured CO₂ emissions, the 16 winning teams exemplify the next wave of climate innovation. With winners from the US, UK, EU, China, Kenya and further afield, CarbonX 2.0 provides the global support, resources and pilot sites that these technologies need to progress and scale.
“ The climate challenge demands bold innovation and accelerated action,” said Dr. Hao Xu, Vice President of Tencent’ s Sustainable Social Value and Head of Climate Innovation.“ CarbonX 2.0 reflects Tencent’ s role as a catalyst, connector and mobiliser within the climate ecosystem. By backing these frontier technologies with substantial funding and access to our extensive network, we are helping unlock the next generation of climate innovation and supporting these solutions as they scale towards commercial viability and global impact.” x www. intelligentcxo. com
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