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Two questions: Is climate mitigated economic activity as financially efficient as non-mitigated activity? Is the goal of the fund to maximize return on capita
by engineer_22 6y ago
Two questions:
Is climate mitigated economic activity as financially efficient as non-mitigated activity?
Is the goal of the fund to maximize return on capital invested, or do their investors tolerate financial risk for the chance to change the world?
- joubert 6y agoThere’s money to be made in solving climate problems. From their site: “ Mitigation is working on the causes of the climate crisis through either emissions reduction or drawdown of existing greenhouse gases from the atmosphere. Adaptation is working on the consequences of the climate crisis, such as increased risk of crop failure.” and “ The USV Climate Fund is a straight-up venture fund. We believe that decarbonizing the economy and dealing with past emissions (and their consequences), offers many opportunities for building important new companies that can produce venture type returns. The transformation of all aspects of the physical world over the coming decades will be on par with the changes brought about by digital technology.” So they’re betting the problem space is big enough and solutions will be in high demand.