🌏 $250 trillion missing in climate, Carl Jung wisdom, Five cycles for team growth
+ 95% climate hardware (#167)
Welcome to my free weekly newsletter from EFI (Entrepreneurs for Impact).
4 short posts about climate tech startups, finance, wisdom, and a little humor
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Climate Startups + Investors
1.
Climate hardware rules 95% of this list.
Our friends at Congruent Ventures and Silicon Valley Bank recently published this report.
Their goal?
To reduce a list of 500 recommended climate tech startups to 50 companies.
Why?
To show models of startups with strong potential to drive carbon reduction over the next 25 years.
And 95% of the selected companies are hardware-focused.
(Much to the disappointment of tear-filled bits and bytes around the world.)
Shout out to our EFI community members who made the list:
Arbor — Carbon-negative power generation with biomass
Brad Hartwig, Co-founder and CEO (EFI Climate Fellow)
Arcadia — Energy data platform and community solar
Kiran Bhatraju, Founder and CEO (EFI Mentor)
CarbonCure — Carbon removal to recycle CO2 in concrete
Jen Wagner, former President (EFI Alumni Advisor)
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2.
$250 Trillion: We’re forgetting the real investors.
I’m talking about global asset owners. This includes family offices, pensions, insurers, and sovereign wealth funds.
Too often, we instead think about fund managers — VC, private equity, etc.
But these groups often follow the golden rule of the asset owners:
“She with the gold rules.”
If we want to move more capital to climate solutions, we need them to set new rules.
Learn more in this report from S2G Ventures, a multi-stage climate investment firm.
As a teaser, they say we need more climate capital here the most:
The Missing Middle
Personal Growth => Business Growth
3.
Forming, Storming, Norming, Performing, and Mourning.
How do teams grow and evolve?
Psychologist Bruce Tuckman shared these thoughts:
Forming = People feel out their peers and roles.
Storming = Conflict arises.
Norming = People appreciate differences and strengths.
Performing = The team is in a flow state.
Mourning = The honeymoon has ended.
Next, the cycle repeats, or you rebuild the team.
(Or throw in the white towel.)
Which stage is your team in now?
Thanks to Bryan Hassin for this gem. He's the CEO of Dexmat (conductive carbon-negative materials) and an EFI Climate Fellow.
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4.
“I am not what happened to me.”
Instead…
“I am what I choose to become.”
Before you vomit on this as New Age mumbo jumbo…
This quote comes from iconic psychiatrist and Swiss castle builder Carl Jung.
Maybe you have:
Failed to raise enough investment capital
Flopped on your product launch
Floundered in your new role
You might feel guilt, which Buddhist teacher Sharon Salzburg calls self-lacerating.
(Ouch.)
So let’s reframe.
Author Daniel Pink suggests redefining this feeling as “regret.”
(Yikes. Is that an improvement?)
His award-winning book, The Power of Regret, says:
“A look at the research shows that regret [can] offer three broad benefits.
Sharpen our decision-making skills.
Elevate our performance on a range of tasks.
Strengthen our sense of meaning and connectedness.”
So, what's the difference between guilt and regret?
A deeper level of reflection in pursuit of improvement for self and community.
Can I help you grow?
Join our confidential peer group for climate CEOs — 90 members, $30B of value.
Join me for executive coaching — Expand what’s possible.
Learn from climate CEOs and investors in our podcast — 195+ guests so far.
That’s all, y’all.
Make it a great week because it’s usually a choice.
~ Chris
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