2019

LVM to Test Green Technologies at the Digital Freedom Festival

As part of the Digital Freedom Festival, the Investor Day will be held at the Hanzas Perons centre on 15 November, where representatives of corporations and start-ups will have the opportunity to meet investors and take part in various competitions. Supporting the development of environmentally friendly technological solutions, JSC “Latvia's State Forests” (LVM), in cooperation with the EIT Climate-KIC accelerator, will organize a start-up pitch competition for companies that have chosen green technologies for their business development.

“Latvia's state forests are a place where nature meets smart technologies every day. Each seedling planted in the forest is selected with high technologies, protected against insects with environmentally friendly technologies and placed in the forest with geo-spatial information technologies. Nature friendly technologies are the ones that will enable us to make housing, heating, food and clothing and create jobs sustainably from ground, forests and water. The drone fleet, logistics optimization, geospatial solutions, image analysis, chipping, robotization are all tools not only for smart land and forest management, but also for the development of all our business lines,” says Ilga Bērzkalna, LVM Development Manager.

The Digital Freedom Festival, to be held in Riga from 14 to 15 November, bringing together more than 1 600 participants from all over the world this year, invites everyone interested to engage in a discussion on the impact of technologies on sustainable development, based on the UN 2030 Sustainable Development Goals. The focus of the festival this year is on the human being and its role in the era of technology. Key topics of the conference: future economy, healthcare technologies, green technologies, smart mobility and lifestyle.

Co-founder of the festival Uldis Leiterts: “Sustainable investment is the fastest growing investment industry in the world. According to the Global Survey on Sustainable Investment, these investments amount to USD 31 trillion. Therefore, this year, the Investor Day will focus on global sustainability and positive impact, with a particular focus on solutions and technologies being created and developed with a view to improving long-term overall economic development, climate change and social equity.”

 More about the festival and Investor Day: https://www.digitalfreedomfestival.com/