When I wrote my predictions for the next decade at the start of this crazy year, my top prediction was that we might see an intersection between investors and entrepreneurs to tackle climate change, and specifically a transition to net zero.
Addressing climate change will require a concerted effort of World War II scale, but a genuinely global one. During 2019, I had dozens of conversations in boardrooms, with public market investors, entrepreneurs and venture capitalists which lasered in on the imperative to achieve net zero. So perhaps we have a chance to launch a modern-day Manhattan Project to tackle climate breakdown.
Since I penned those words, I saw there has been cracking activity in the sector. Including:
Chamath Palihapitiya announcing the allocation of a “few billion” to solve the problem
LowerCarbon Capital, Prime Impact & PaleBlueDot all launched
Several corporates have also announced their corporate venture funds tackling decarbonisation. Many more made net zero commitments…