VCs Are Scaling Up Climate Software Investments

(Crunchbase News) Now, the sums going into climate software aren’t huge as a portion of venture capital investment overall. Rounds for the 27 companies on our list, for instance, account for less than a quarter of a percent of total venture funding. What stands out, however, is how quickly this smallish space has been scaling…

Read More

Why Diversity is Necessary To Make Venture Capital Future-Ready

(Crunchbase News) Reflecting on all the achievements of Black investors, I am encouraged by our progress. However, I also believe venture capital needs to set the example on how to continue this positive momentum and to evolve the approach toward increasing diversity in investment management. In the old model, VCs went to the same schools,…

Read More

The Biggest Crypto Effort to End Useless Carbon Offsets Is Backfiring

(Bloomberg) Users of a little-known crypto platform called Toucan now account for purchases of more than a quarter of all carbon credits by the world’s largest verifier of offsets. This newest crossover between crypto and the climate is having unexpected consequences that appear to be backfiring. Crypto enthusiasts aren’t usually among the top buyers of…

Read More

The little-known open-source community behind the government’s new environmental justice tool

(Grist) In February, the White House published a beta version of its new environmental justice screening tool, a pivotal step toward achieving the administration’s climate and equity goals. The interactive map analyzes every census tract in the U.S. using socioeconomic and environmental data, and designates some of those tracts as “disadvantaged” based on a complicated…

Read More

UN climate report: Carbon removal is now “essential”

(MIT Technology Review) A bleak new report from the UN’s climate panel underscores the price the world is paying for the long delays in addressing global warming despite decades of warnings. Last year, worldwide energy-related carbon dioxide topped 36 billion tons, setting a new record as the global economy sprang back from the depths of…

Read More

VC is still a boys’ club. Here’s how to end it

(Sifted) Ambiguity about sexual attraction and tension is omnipresent in the world of startup founders and funders. This is an ecosystem based on relationships. It’s no wonder that the line between professional and personal is often blurred when those relationships are forged over drinks or in intense periods of close collaboration. It would be fair…

Read More

Five Takeaways from the UN’s Latest 3,000-Page Climate Report

(Bloomberg) The UN Intergovernmental Panel on Climate Change has released its latest 3,000-page look at how humanity can avoid compounding catastrophe if nations take sufficient action to do so. So far humanity hasn’t, the report concludes. Left unchanged, the world’s current emissions trend could result in warming of more than twice the target limit set…

Read More