Nigeria - Business creation project

Describe your project or startup in a few words

CarbonCatch is an AI-powered carbon capture technology for a sustainable future, reducing emissions and converting CO2 into valuable resources. Hence fostering a cleaner environment and a healthier planet through the utility of EcoTech Innovation.

01.01 Describe your project in more detail

CarbonCatch is a revolutionary AI-powered Hydro-based carbon capture technology designed to significantly reduce greenhouse gas emissions and convert CO2 into valuable resources. This innovative solution utilizes: - Advanced AI algorithms to optimize capture and conversion processes - Real-time monitoring and data analysis for enhanced efficiency - Seamless integration with existing industrial infrastructure - Scalable and modular design for flexible deployment By harnessing the power of AI, CarbonCatch aims to support a sustainable future by: - Substantially reducing carbon footprint - Providing valuable resources for various industries - Offering data-driven insights for informed sustainability reporting This cutting-edge carbon capture, utilization and storage (CCUS) technology has the potential to make a profound impact on the environment by reducing emissions and utilizing CO2 in a productive and sustainable way.

01.02 What is the main problem you are trying to solve?

As the creator of CarbonCatch, my mission is to tackle the pressing issue of carbon dioxide emissions and their impact on our planet. Here’s why this problem matters: Climate Crisis: Our world faces a climate crisis due to rising greenhouse gas levels. Carbon dioxide (CO2) is a major contributor, trapping heat in the atmosphere and causing global warming. Health and Environment: Excessive CO2 harms human health, exacerbating respiratory conditions and contributing to air pollution. It also disrupts ecosystems, affecting biodiversity and ocean acidity. Industrial Sources: CO2 emissions primarily come from industrial processes, transportation, and energy production. We urgently need innovative solutions to reduce these emissions. CarbonCatch leverages cutting-edge AI technology to capture CO2 emissions directly from sources like power plants, factories, and vehicles. Join me in the fight against climate change. Let’s turn CO2 from a problem into a solution!

01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).

Emission Reduction: CarbonCatch significantly reduces carbon dioxide (CO2) emissions at the source. By capturing CO2 from industrial processes, power plants, and transportation, it helps combat climate change and improves air quality. Resource Conversion: Instead of merely storing captured CO2, CarbonCatch converts it into valuable resources. These could include synthetic fuels, building materials, or even organic compounds. It’s a sustainable approach that turns a problem into a solution. Economic Viability: Implementing CarbonCatch can lead to economic opportunities. Companies can sell the converted products, and governments can incentivize carbon capture through policies and funding. Circular Economy: CarbonCatch contributes to a circular economy by transforming CO2 into valuable products. These outputs can be reused, reducing the need for new raw materials and minimizing waste.

01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?

Environmental Advocates and Organizations: They benefit from a powerful tool to combat climate change by capturing and converting CO2 emissions. CarbonCatch aligns with their mission of sustainability and environmental protection. Industries and Corporations: By implementing CarbonCatch, they can reduce their carbon footprint, comply with emission regulations, and contribute to a greener future. It’s a win-win for both their operations and the planet. Communities and Individuals: Cleaner air, reduced pollution, and sustainable products directly impact their health and well-being. CarbonCatch fosters a healthier environment for everyone especially those dealing with Internal combustion systems.

01.05 When did you start working on your project?

2022-12-31

01.06 How many other partners are associated with your business venture?

3

01.07 Among the other partners, how many are female?

2

01.08 Please describe the profile of each of the other partners (skills, experience, etc.)

David Anyatonwu (AI Researcher/Developer): David specializes in designing and implementing AI algorithms for optimizing CO2 capture and conversion. His expertise ensures that CarbonCatch efficiently captures emissions using cutting-edge technology. Hannah Igboke (Chemical Engineer): Hannah manages the chemical processes involved in capturing and transforming CO2. Her role ensures safety, efficiency, and effective utilization of captured carbon. Chioma Joseph (Business Strategist): Chioma focuses on market strategy, client outreach, and funding opportunities. Her insights help position CarbonCatch for success in the industry.

01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:

01.10 Which industry best describes your project?

a) Energy (equipment, services, sustainable energy and fuel)

02.01.01 My project contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification

Eradicating Extreme Poverty: By capturing CO2 emissions and converting them into valuable resources, CarbonCatch fosters economic growth in clean energy sectors. This growth creates job opportunities, especially in research, engineering, and operations. As we reduce poverty, we unlock human potential and empower individuals to lead productive lives. Reducing Poverty by Half: CarbonCatch indirectly reduces poverty by promoting sustainable practices. As we mitigate climate change, vulnerable communities benefit from cleaner air and improved health. This aligns with SDG 1’s goal of poverty reduction. Social Protection Systems: Implementing social protection systems, including those related to environmental resilience, is crucial. CarbonCatch contributes by creating a cleaner environment, which directly impacts the well-being of the poor and vulnerable. It ensures substantial coverage for those in need

02.02.01 My project contributes to the Zero hunger goal

6

02.02.02 Zero hunger - Justification

Indirect Impact on Food Security: While CarbonCatch doesn’t directly address hunger, its impact on environmental sustainability indirectly supports food security. How? Let’s explore: Climate Resilience: By mitigating climate change, we protect agricultural systems from extreme weather events (such as droughts, floods, and heatwaves). Stable climate conditions are essential for reliable crop yields and livestock production. Sustainable Agriculture: A cleaner environment and reduced pollution benefit soil health and water quality. Sustainable agricultural practices become more viable, ensuring long-term food production. Nutrient Cycling: The circular economy approach of CarbonCatch aligns with nutrient cycling. By converting CO2 into valuable resources, we optimize resource utilization and minimize waste—essential for sustainable agriculture.

02.03.01 My project contributes to the Good health and well-being goal

6

02.03.02 Good health and well-being - Justification

While CarbonCatch is not directly related to health, by reducing greenhouse gas emissions and improving air quality, it indirectly contributes to better health outcomes. Poor air quality is a known cause of various health issues, including respiratory diseases and cardiovascular conditions

02.04.01 My project contributes to the Quality education goal

5

02.04.02 Quality education - Justification

CarbonCatch doesn’t directly contribute to this goal. However, the project could potentially inspire and educate others about the importance of sustainability and the role of technology in addressing environmental challenges.

02.05.01 My project contributes to the Gender equality goal

5

02.05.02 Gender equality - Justification

While CarbonCatch as a project does not directly address gender equality, the team can commit to promoting gender equality within its operations and leadership

02.06.01 My project contributes to the Clean water and sanitation goal

5

02.06.02 Clean water and sanitation - Justification

CarbonCatch does not directly contribute to clean water and sanitation. However, by promoting a cleaner environment, it indirectly supports the broader aim of this goal

02.07.01 My project contributes to the Affordable and clean energy goal

7 - Strongly Agree

02.07.02 Affordable and clean energy - Justification

CarbonCatch directly contributes to this goal by promoting cleaner energy production. By capturing and converting CO2 emissions, it helps to reduce the environmental impact of energy production.

02.08.01 My project contributes to the Decent work and economic growth

7 - Strongly Agree

02.08.02 Decent work and economic growth - Justification

CarbonCatch contributes to economic growth by creating jobs in the green technology sector. It also promotes decent work by advocating for sustainable industrial practices

02.09.01 My project contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification

CarbonCatch is at the forefront of innovative solutions to environmental challenges. It contributes to building resilient infrastructure and fosters innovation in the industry.

02.10.01 My project contributes to the Reduced inequalities goal

5

02.10.02 Reduced inequalities - Justification

While CarbonCatch does not directly address this goal, the team can commit to promoting diversity and inclusivity within its operations

02.11.01 My project contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification

By reducing greenhouse gas emissions, CarbonCatch contributes to making cities and human settlements inclusive, safe, resilient, and sustainable.

02.12.01 My project contributes to the Responsible consumption and production goal

7 - Strongly Agree

02.12.02 Responsible consumption and production - Justification

CarbonCatch promotes responsible consumption and production by capturing and converting CO2 emissions, thereby reducing waste and promoting sustainability.

02.13.01 My project contributes to the Climate action goal

7 - Strongly Agree

02.13.02 Climate action - Justification

CarbonCatch directly contributes to this goal by actively fighting climate change through its innovative carbon capture and conversion technology.

02.14.01 My project contributes to the Life below water goal

7 - Strongly Agree

02.14.02 Life below water - Justification

CarbonCatch directly impact life below water, by reducing CO2 emissions, it helps mitigate ocean acidification, indirectly supporting marine life.

02.15.01 My project contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification

By reducing CO2 emissions, CarbonCatch helps to combat desertification, halt and reverse land degradation, and halt biodiversity loss.

02.16.01 My project contributes to the Peace justice and strong institutions goal

4

02.16.02 Peace justice and strong institutions - Justification

CarbonCatch does not directly contribute to this goal. However, the team can commit to upholding strong ethical standards and promoting justice in its operations

02.17.01 My project contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification

CarbonCatch contributes to this goal by forming partnerships with other organizations, governments, and industries to achieve these goals together.

05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

7 - Strongly Agree

05.02 The product/service we envision creating represents an entirely new type of product/service.

7 - Strongly Agree

05.03 The product/service we envision creating could be described as a new technology.

6

05.04 The product/service we envision creating is an improvement on an existing product or service.

2

05.05 The product/service we envision creating could be described as an extension of a range of products or services.

1 - Strongly Disagree

05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

05.07 The product/service we envision creating is a new version of an old product/service.

1 - Strongly Disagree

05.08 Justification

AI-Powered Optimization: Unlike traditional CCUS methods, CarbonCatch uses AI algorithms for optimizing capture and conversion processes. This innovative approach allows the system to improve over time, enhancing efficiency. Real-Time Monitoring and Data Analysis: CarbonCatch provides real-time data, offering valuable insights for sustainability reporting. This transparency is crucial in today's environmentally conscious business world. Seamless Integration and Scalability: CarbonCatch is designed for easy integration with existing industrial infrastructure, reducing adoption barriers. Its scalable design allows flexible deployment, suitable for various scales of operations. Conversion of CO2 into Valuable Resources: CarbonCatch's ability to convert captured CO2 into resources sets it apart. This feature not only reduces emissions but also creates a new revenue stream, making it economically viable.

05.09 Who are your main potential competitors and what makes you stand out from them?

CarbonCatch’s main potential competitors include: University of Surrey: They use AI and machine learning tools in carbon capture systems, capturing more CO2 and using less energy. Heriot-Watt University: Their ECO-AI research project uses AI simulators to model CCS methods. What sets CarbonCatch apart is its unique combination of features: AI-Powered Optimization: CarbonCatch uses AI algorithms for optimizing capture and conversion processes, enhancing efficiency. Real-Time Monitoring and Data Analysis: It provides real-time data, offering valuable insights for sustainability reporting. Seamless Integration and Scalability: CarbonCatch is designed for easy integration with existing industrial infrastructure, reducing adoption barriers. Its scalable design allows flexible deployment. Conversion of CO2 into Valuable Resources: CarbonCatch’s ability to convert captured CO2 into resources sets it apart, making it economically viable.

10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?

yes