Tackling climate change takes bold ideas, innovation, adaptability and determination – and that’s where entrepreneurs come in.
UTS’s Professor Chris Turney shares five important ways entrepreneurs are making a difference.
Climate change is one of the most urgent and significant challenges we face today. Its vast scale can often make the task of addressing it feel overwhelming. However, within this global challenge lies a unique opportunity for innovation and positive change.
Entrepreneurs are central to this effort. With their ability to think creatively, their willingness to embrace new technologies and their readiness to challenge the status quo, they are well-placed to develop the solutions our planet urgently needs to protect its future.
Professor Chris Turney, Pro Vice-Chancellor of Research at UTS and a leading expert in climate and Earth sciences, highlights five key ways entrepreneurs are making a meaningful impact in the fight against climate change.
1. Driving innovation and breaking through stagnation
Traditional industries often resist change due to financial commitments and entrenched habits. Entrepreneurs, free from these constraints, bring fresh perspectives, bold ideas and creative solutions to longstanding problems.
“A lot of groundbreaking climate innovations come from startups,” Turney explains.
Take solar power and electric vehicles, for example – technologies that were once considered impractical, but are now transforming entire industries. Entrepreneurs saw their potential, improved the technology and reduced costs, making them viable for widespread use.
Entrepreneurs excel at challenging conventional thinking. They thrive on testing, adapting and scaling solutions quickly, bringing sustainable alternatives to market, often much faster than established companies.
2. Rethinking business models
Climate solutions don’t always require major technological breakthroughs. Many entrepreneurs are making an impact by rethinking business models and operations, such as:
- Using circular economy models to turn waste into valuable resources, reducing the need for raw materials
- Developing peer-to-peer sharing platforms that reduce the need for new production
- Using AI tools to better manage resources, saving energy and materials
- Building transparent supply chains to ensure sustainability at every step.
By developing and applying these approaches, entrepreneurs are turning everyday business practices into effective climate solutions – creating high-value products and services that can be scaled across industries and deliver meaningful impact.
Startups see the future, spot opportunities and move quickly, while large corporations often struggle with that agility.
3. Collaborating to scale impact
Climate change is a complex challenge that demands coordinated action – no single company can solve it alone. Startups, with their fresh thinking and determination, often act as catalysts, bringing together governments, large corporations and research groups to turn innovation into real-world solutions.
UTS startup Algenie is a great example of this. They are developing microalgae-based carbon capture technology. Microalgae absorb CO₂ as they grow, capturing carbon and creating a host of bioproducts.
“Algae are around 40 times more effective at trapping carbon than trees,” says Turney.
By using renewable energy-powered reactors, Algenie aims to replace fossil fuels with algae-derived raw materials for plastics and fuels. This approach creates new economic opportunities and jobs, while also significantly reducing greenhouse gas emissions.
The Algenie team has been able to make significant progress by collaborating with scientists, engineers and business professionals, demonstrating the power of interdisciplinary partnerships.
When startups partner with large organisations, policymakers, universities, researchers and industry leaders, they gain access to funding, infrastructure and expertise. This kind of support helps move breakthrough ideas from the lab to market, where they can create a real impact at speed and scale.
4. Making sustainability profitable
A common barrier to adopting sustainable solutions is the belief that green alternatives are too expensive. However, entrepreneurs are proving that sustainability can be both affordable and profitable.
Turney points out that early electric vehicles and solar power were costly with limited applications. But thanks to entrepreneurs with the courage to think differently, these technologies have become more efficient and affordable.
“To be successful, entrepreneurs need to get their green product to a point where it's not only better, but also cheaper,” Turney explains.
“Then you're not talking about climate anymore ... you're just selling a better, more affordable solution.”
That’s exactly what CarbonScape is doing. The startup, which Turney helped found, has developed a method to create graphite for lithium-ion batteries from forestry waste. This process is as cost-effective – if not more so – than traditional methods, offering both environmental and financial benefits, while also allowing graphite to be sourced locally.
As governments and industries invest more in green technologies, more opportunities are emerging in the market.
The green economy is growing quickly. Startups that create new ideas in this area can become global industry leaders.
5. Empowering the next generation of climate leaders
Entrepreneurs don’t just build companies – they create ecosystems that inspire and support future innovators. Universities like UTS also play a key role in supporting climate-focused startups and teaching students the skills needed to turn their ideas into action.
Through programs like UTS Startups, students receive mentorship, support and collaboration opportunities to develop and launch sustainable businesses and solutions while still at university. Turney notes that more than 1500 startups have come out of UTS, many tackling climate challenges head-on.
“Students get to experiment, innovate and think critically about their role in shaping a more sustainable future … and most excitingly of all, make it happen,” he says.
The entrepreneurial vision for climate action
Entrepreneurs are the driving force behind turning bold ideas into practical solutions. Their creativity, determination and willingness to take calculated risks are exactly what we need to tackle climate change.
Whether it’s developing new technologies or making sustainable options more affordable, entrepreneurs are helping create a future where business success and environmental health go hand-in-hand. Entrepreneurs are not just reacting to the climate crisis – they are leading the way to a better, cleaner and healthier world for all of us.