The Clean Fight’s Post

New York City's remarkable transformation into a vibrant hub for CleanTech exemplifies the power of place-based strategies for economic development. At the heart of this evolution is the revitalization of historic sites like the Brooklyn Army Terminal, once a symbol of industrial strength during World War II but now reborn as a beacon of sustainable climate technology. What sets New York apart is its multifaceted approach to fostering a thriving ecosystem for CleanTech. Beyond providing physical spaces for research and development, the city has actively cultivated a supportive environment for startups and entrepreneurs, offering incentives, grants, and regulatory frameworks that encourage experimentation and growth in the clean energy sector. Additionally, New York's strategic positioning as a global financial hub ensures access to ample capital and expertise, drawing many investors eager to support the next wave of climate innovation. This convergence of physical infrastructure, regulatory support, and financial backing has created an opportunity for New York to lead the charge in addressing climate change while driving economic growth and job creation. They’re even giving Silicon Valley a run for their money as a CleanTech leader! Put all that together - that’s a place-based economic strategy at its finest.

The Climate Brick, a consortium led by prominent VC firms EQT Ventures and Contrarian Ventures, along with major players like HSBC Innovation Banking UK, Norrsken, and Einride, has just released a groundbreaking report. Touted as the “missing manual” for climate technology investment, this comprehensive analysis offers vital insights into the deployment of climate tech solutions, which could potentially mitigate 90% of the world’s carbon emissions by 2050. With an exhaustive study of over 3,000 climate tech companies and insights from more than 100 experts, the report not only highlights the current landscape but also charts a strategic course for future growth. The findings underline the necessity for a substantial investment—approximately €270 trillion annually—focused on nurturing and scaling innovative climate technologies across the EU. The Climate Brick has identified seven key business profiles within the climate tech sector, offering tailored recommendations for funding and regulatory support to enhance their development and success. The report emphasizes the critical need for early public funding, especially in supporting patent-related activities, which are essential for budding enterprises in this sector. Sandra Malmberg, a partner at EQT Ventures and co-founder of The Climate Brick, remarked on the unique challenges of scaling in the climate tech sector. Unlike traditional ventures, climate tech paths are capital intensive, heavily influenced by regulatory frameworks, and require a multifaceted approach to stakeholder engagement.This initiative is not just about funding; it's about fostering a collaborative ecosystem that enhances efficient capital allocation and stakeholder involvement to generate significant impact at scale. The Climate Brick is committed to continuous collaboration with its partners and has issued an open letter urging the global climate tech community to come together to create a sustainable future. #ClimateTech #Innovation #Sustainability #Investment #TheClimateBrick #ClimateAction #TechForGood #EcoTech TerraBlu Climate Technologies Pvt Ltd

No insights, overview, round-up, just a big shout out to an incredible team that brought Startup Discovery School Climate Fest to life at Impact Hub London in London. So much discussion concerning climate (tech), often feels abstract. We talk of the problem without reference to those currently facing the impact of climate change...right..now. Tech demo days are great, but we needed something more. Something that brings people together who view the challenge from different angles—entrepreneurs, investors, activists, curious folk, and anyone else interested. Climate Fest was the first attempt at convening this diverse group of people and long may it continue. A Shout Out 📣 A big shout out to Farrah Rainfly, who highlighted the great work Lifeafterhummus Community Benefit Society has done mobilising resources to retrofit community housing in Somerstown, London. Thanks to Kieron Boyle CEO of the Impact Investing Institute, who gave insights on *how* money can work better in supporting what is called 'the only transition' to net zero. Reuben Christian for leading us in 'Dream Rehab' session alongside our own Taz Latif. Another thanks goes to Radhika Srinivasan, who led us in a conversation around driving equitable transitions to net zero. And finally Margarita Skarkou, Nikki Gaddo FRSA and Ann Stevenson who joined me as we discussed convenience, consumerism and the circular economy. Onwards ⏩ #climatechange #climatetech #justtransition #team

Massachusetts in 2024 is home to the most climate tech startups per capita in the country. They thrive at institutions like MIT and Greentown Labs, turning big ideas into tangible solutions. But we struggle to keep them here. States from coast to coast are wooing away entrepreneurs and employers. These places facilitate demonstration programs, connect companies to trained workers, and provide access to real estate for manufacturing. The Mass Leads Act rebalances these incentives, directing capital investments and tax benefits that keep these innovators in Boston for the long term and encourages others to join them. #climatetech #climateVC #venturecapital

Part 2 of my series on SF Climate Week focuses on how to address the "missing middle" for cleantech startups -- #SFCW, #SanFrancisco, #SFClimateWeek, #ImpactInvesting, #InvestingforGood, #PurposefulProfits, #SustainableInvesting, #ESGInvesting, #SociallyResponsibleInvesting, #GreenInvesting, #ConsciousCapitalism, #ClimateFinance, https://lnkd.in/gG8gHCwb

Excited for Urban Future Summit 2024? We are too! As we approach the Urban Future Summit, we are thrilled to showcase our esteemed jury who will select the winners for this year’s Urban Future Prize Competition. These industry leaders and climatetech experts will help us award two finalists with $50,000 and entry into our coveted ACRE Incubator. This is all made possible through the generous support of The New York Community Trust, MUFG, Mitsubishi Corporation (Americas), and NYU Tandon School of Engineering. 🎟️ RSVP TODAY: https://lu.ma/p0parlfi 🏆MEET THE URBAN FUTURE SUMMIT 2024 JURY   💙 Anastasia Istratova Principal, Climatetech Investing, Fifth Wall Anastasia leverages her deep expertise in #climatetech to back #companies focused on the built environment. Prior to joining Fifth Wall, Anastasia was an investor at Standard Investments, focusing on early and growth stage industrial tech. Previously, she was a Principal in the project #finance team at SunPower Corporation, where she financed over $1B of residential, commercial, and utility scale #solar projects. 💙 Katie MacDonald Co-Founder & Managing Partner, Tailwind Katie is Co-Founder and Managing Partner of Tailwind, an #innovation and #investment firm focused on accelerating the deployment of climate adaptation and resilience solutions. She brings her extensive experience in #venturecapital and innovation to the jury. Before Tailwind, she served as Director of Tech to Market at the NYSERDA where she managed a $200M early-stage startup innovation and investment portfolio. Previously, Katie also led Business Development and Strategic Partnerships at Greentown Labs. 💙 Nneka (Uzoh) Kibuule Principal, Aligned Climate Capital Nneka Kibuule is a Principal at Aligned Climate Capital, an asset manager investing exclusively in the people, companies, and real assets that are #decarbonizing the global #economy. Nneka holds a decade of experience in finance, operations, strategy for a variety of organizations including utilities, nonprofits, startups, Fortune 100 companies, and investing firms. She founded GreenTech Noir, a convening of Black founders, investors, and luminaries passionate about #cleanenergy and climatetech innovation. 💙 Shawn Xu Partner, Lowercarbon Capital Shawn is a Partner at Lowercarbon Capital, and aims to be the first believer in audacious founders who are building bold solutions to the #climatecrisis. Shawn has built an accomplished track record as an investor at the early stage. Prior to Lowercarbon, Shawn was a Partner at On Deck’s venture fund and #accelerator, where he backed companies in 20+ countries and earned a founder NPS of 100. Before this, he was on the investing teams at Floodgate and First Round Capital’s Dorm Room Fund, and was ranked in the Forbes 30 Under 30 for Venture Capital. 🔎 Learn more about our stellar jury and finalists: https://lnkd.in/eMGfAMnd

We need to re-think climate investing. Part two of Jim Kapsis and Michael Sachse's series is live on Latitude Media. https://lnkd.in/ggud3ARm For climate tech to scale, the collaboration between climate tech founders and capital providers will need to change. The article takes a look back at the early days of Silicon Valley to understand what that might look like. #climatetech #startups #venturecapital

Today on ImpactAlpha, Jessica Pothering is talking to six women-led funds that are working to grow and commercialize climate tech solutions. These fund managers are stepping into critical gaps in growth-stage financing, pushing climate solutions from proof of concept to real-world impact. The article highlights how a gender lens is not only creating more inclusive investment portfolios but also accelerating innovation in the climate tech space. It's #ClimateWeek in New York this week, and tomorrow, Heading for Change is teaming up with ImpactAlpha and UBS to show how investors are integrating gender and broader systems-level levers into their investment strategies to help them spot new market opportunities, accelerate their impact, and facilitate a just transition. I'll be running around Manhattan all week, learning from the incredible people and organizations who are working to make the case for the capital we need to tackle the climate crisis. If you see me, let’s connect - I'd love to talk about how we can more effectively make the case for urgent and intentional climate action. #ClimateWeekNYC #GenderLensInvesting #ClimateTech #ImpactInvesting #SustainableFinance

Climate tech founders should take advantage of government grants and incentives and add software components to their businesses, venture firm managers advised at New York Climate Week. Read the story here to learn more: https://okt.to/SaYDUi #NPM #PrivateMarkets #Climate #ClimateSolutions #Infrastructure #VentureCapital #NorthAmerica

Contrarian Ventures - alongside our friends at EQT Ventures - are today unveiling The Climate Brick, the missing manual for the climate journey.     90% of CO2 emissions are estimated to be abatable by technology over the next 25 years. However, most innovations that shape modern life were built on common frameworks.    Climate doesn’t have one, yet. Today marks a call to change that, with the creation of a new initiative, involving a wide range of stakeholders.    Decarbonisation is the greatest economic transition in a century – the 50 signatories of our open letter have pledged to create The Climate Brick.   The Climate Brick's co-builders include several of Europe’s largest climate technology companies and financial institutions, as well as leading academic experts and policymakers.    The manual comprises seven playbooks, or bricks as we call them: from gigascaling to product disruption. We’re only getting started, and The Climate Brick is an open community being co-built by members together. Are you also on a mission to tackle the climate crisis with technology? Join us – become a co-builder.   Read our open letter via the link in the comments below, and sign up today!