🌏 AI vs. climate investing, Startup map for climate resilience, You don't see the truth
+ Are you lucky? (#164)
Welcome to my free weekly newsletter from EFI (Entrepreneurs for Impact).
It's four short posts about climate tech startups, finance, wisdom, and a little humor.
(3 minutes)
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Climate Startups + Investors
1.
Market map of climate resilience and adaptation startups.
About 5% of climate finance in recent years goes to these fields.
The majority goes to mitigating current and future GHG emissions.
That makes sense, but we need both and lots more for resilience.
My friends at SJF Ventures created this map of startups in resource preservation, hazard analytics, and asset protection.
Get their full story here.
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2.
Investment is moving from climate tech to AI startups.
Genius insight. I know. You’re welcome.
But let’s double-click. (Thanks, BloombergNEF.)
The dark blue is climate tech. The light blue is AI.
Grab your Kleenex. Here’s some other sobering news:
The percentage of global venture financing going to climate tech has fallen from 25% in 2022 to 12% today.
We’re on track to see about $45B invested in climate tech this year, down 50% from 2023.
But repeat after me:
“This is a bad speed bump. Not the end of climate tech investing.”
Personal Growth => Business Growth
3.
Do you consider yourself lucky?
This was a favorite interview question of Jeff Bezos in Amazon’s early days.
Why does your answer matter?
If you say yes, then you’re likely: **
Optimistic
Confident
Excited about the future
Someone who might actually be lucky
If you say no, then you might:
Have a victim mentality
Are pessimistic
Bring bad things wherever you go
What’s your answer?
** Or born with some privilege (vs. discrimination and hardships at every turn)
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4.
We don’t see what’s in front of us.
The picture below is Happo Pond in the Japanese Alps.
When I hiked there this summer, it required a bus, a gondola, two lifts, and a decent hike straight up.
But I didn’t see what you see in the photo.
Yet my camera did.
It might have been because of my sunglasses or the angle of the sun.
Instead, I saw a typical alpine lake and throngs of people taking pictures.
But no blissful reflection.
So what?
Too often, we don’t see what’s in front of us.
How do we get closer to the truth of our reality?
(Yep, I lept into a metaphor.)
What’s the antidote to this kryptonite?
Journaling, meditation, and candid feedback from peers and mentors are not perfect.
But we’re better off with them than without.
How can I help you grow your business?
You’re not alone. Join our confidential climate CEO peer group.
We’re often the bottleneck to growth. Talk to me about executive coaching.
Learn from 190+ climate CEOs and investors in our podcast.
That’s all, y’all.
Make it a great week because it’s usually a choice.
~ Chris
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