Prof. Martin ZHU Named the Bloomberg New Economy Catalyst

2024.11.27


Bloomberg Businessweek has released its 2024 list of “Bloomberg New Economy Catalysts,” featuring Prof. Martin Zhu, CEO and Co-Founder of i2Cool. This prestigious list brings together 16 innovators from around the world who are driving the global move towards a more sustainable and prosperous future through technological innovation, practical implementation, and proactive action.


In these uncertain times, technological innovation serves not only as a tool to address challenges but also as a steadfast force creating more choices and hope for the future. As the sole Chinese inductee on the list, Prof. Martin Zhu has been recognized for his groundbreaking advancements in electricity-free cooling technology. His innovations provide efficient and energy-saving solutions to combat global warming, highlighting the significant role of Chinese innovation in global climate action.


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Dr. Martin Zhu, co-founder of i2Cool Limited, with a Ph.D. in Energy and Environment, he has spearheaded the development of electricity-free cooling technology, positioning his company at the forefront of the industry. His dedication to combating climate change has earned him recognition and he actively participates in green technology and finance development initiatives. His scientific expertise and entrepreneurial spirit have greatly contributed to the advancement of sustainable cooling solutions, making a lasting impact on the industry.


——Bloomberg Businessweek

Bloomberg New Economy Catalysts

Innovative Forces with a Global Vision


Since its inception in 2021, Bloomberg’s “New Economy Catalysts” list has aimed to honor individuals who contribute to addressing major global challenges through cutting-edge technology, social innovation, and international collaboration.


The honorees include entrepreneurs, scientists, policymakers, and other leaders from around the globe. They have not only achieved remarkable success in their respective fields but have also advanced the sustainable development of the global economy, environment, and society through their initiatives.



The selection criteria for the 2024 list encompass four key areas:

  1. Development of Scalable Frontier Technologies

  2. Promotion of Solutions for Social Services and Inclusive Development

  3. Encouragement of Innovation Investments in the Private Sector

  4. Leadership of Forward-Thinking Global Organizations and Initiatives


Bloomberg places special emphasis on how these innovations positively impact emerging markets and the world at large, thereby contributing to the realization of a more sustainable, secure, healthy, and interconnected global community.


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Among the catalysts is Himanshu Gupta, Co-Founder and CEO of ClimateAi, who utilizes artificial intelligence to build climate-resilient food and water supply chains, aiding businesses and governments in adapting to the impacts of climate change on agricultural production. Another notable inductee is Peter Fermandez, CEO of Mombak, who is dedicated to large-scale reforestation projects in the Amazon rainforest, promoting carbon removal and ecological restoration to mitigate the adverse effects of climate change through natural means.


The work of these catalysts focuses on the future sustainability of the climate. Their innovations offer practical solutions for global climate action and underscore the urgent need to mitigate global warming.


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As CEO and Co-Founder of i2Cool, Prof. Martin Zhu’s inclusion in Bloomberg’s “New Economy Catalysts” list is a testament to his long-term research and innovation in energy-efficient technologies. It also recognizes the immense potential of i2Cool’s electricity-free c technology in addressing global climate change.



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