--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20220808-basf-invests-in-green-technologies/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # BASF invests in “green” technologies Publication Date: 2022-08-08T13:00:33-04:00 Last Updated: 2022-09-02T12:29:45-04:00 Author: Kirill Shakin (https://www.fertilizerdaily.com/author/shakinkirill/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/) ![BASF invests in “green” technologies](https://www.fertilizerdaily.com/wp-content/uploads/2022/08/hand-finger-money-business-nail-lip-1056745-pxhere.com_-scaled-1.jpg) A large amount will be spent. BASF Venture Capital (part of the German concern BASF) will invest 150 million euros (approximately $153 million) in the Climentum Capital venture fund. The cooperation will focus on preventing climate change through the development and implementation of “green” technologies. Clementum Capital was founded in 2020. The company pays close attention to reducing carbon emissions and invests in start-ups that are in line with the ESG strategy of the European Union. Agriculture is one of the areas of interest to Climentum Capital. “We are focusing on six promising areas for reducing carbon emissions, including agriculture. The combined efforts of corporations, investors and start-ups are essential to achieve our ambitious climate change goals,” said Morten Halborg, CEO of Climentum Capital. Tags: [agriculture](https://www.fertilizerdaily.com/tag/agriculture/), [BASF](https://www.fertilizerdaily.com/tag/basf/), [ecology](https://www.fertilizerdaily.com/tag/ecology/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.