Ingmar Rentzhog

Getting a job in climate is tough, particularly if you are switching industries! I think one of the best approaches is to show your horsepower by solving problems that companies are facing. One of the best examples of this approach that I have seen is the brand audit that Art Lapinsch 🔋🌳🛡️did for Lilac Solutions. I am not a brand expert, but Art's work looks and feels a lot like the work product from major brand & marketing agencies that I paid tens of thousands of dollars for at prior jobs. I particularly loved how Art shows his skills and expertise. - Clear frameworks to guide his work - Careful and thorough analysis - Concise recommendations - Well developed execution plan Well done!! Amazing job!! If you are looking for a job in climate, try this same approach. 1️⃣ Identify a company and role that interests you 2️⃣ Deeply research the company, and come up with a perspective about what is working and what needs improvement 3️⃣ Draft and publish a work product that showcases your knowledge and expertise to help the company achieve its goals 4️⃣ Distribute your work on social media, and (most importantly) email your work to the company and others in the sector with the goal of starting a conversation This is quite a bit of work, but companies (particularly startups) want / need help. So, share your passions, skills, and experience!

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Permanence. There is a big discussion in the climate tech community regarding permanence of carbon removals. While I agree, that a 10.000+ year permanence (how long the carbon is locked) is great, the big junk of our work in removing carbon from the atmosphere and avoiding emissions is primarily in the next 20 years. So I think rather than focusing on long term storage, we should focus on the most scalable and affordable ways to remove carbon short term (so we have time to transition our economy and society to carbon neutral). A good read here is the paper "Oxford Principles for Net Zero Aligned Carbon Offsetting" which also includes the chart shown below. They see the need for carbon removal with higher risk of reversal as intermediate technology.

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What is the actual difference between a biodiversity unit and a biodiversity credit? When dealing with a new industry it is critical that everyone understands the specific terminology. Biodiversity Units is the core BNG unit of measurement and what we at Gaia help buy and sell, and have over 25,000 on our exchange. Biodiversity credits is a scheme that allows the government to sell credits if there are no biodiversity units available on the market. If you have any questions BNG related or would like support in either buying or selling then please do reach out! #BNG #biodiversityunit #biodiversitycredit

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The Climate Crisis and Industrialization are opposite sides of the same coin. Climate risk is financial risk. Climate risk is industrial supply chain risk. Industrial supply chain risk is financial risk. Therefore, we are in the early-stages of the largest sector-driven investment opportunity of our lifetime - the technology-driven refashioning of industrial supply chains to mitigate the climate crisis. Join us at REFASHIOND Ventures: The Industrial Transformation Fund. #IndustrialTransformation #SupplyChainTech #Innovation #Technology #Startups #VentureCapital

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"When should investors give up on 1.5C? Could climate activists do more harm than good by clinging to an unachievable target" asks Jakob Thomä in Responsible Investor. In an opinion piece challenging much of conventional climate wisdom Jakob lays out a case for acknowledging that '1.5C no overshoot' is equivalent to the emporer with no clothes. "And so, while not a single investor I talk to still believes 1.5C no overshoot is actually on the table, nobody wants to be 'that guy' pointing it out in public." "But now is the winter (and spring and summer) of our discontent. One investor I spoke with told me they feel like the community is engaging in a collective act of “suspending disbelief”, as panels and conferences & sustainability reports & target-setting frameworks parade a “zombie” 1.5C no overshoot goal." There's plenty more on what investors & stakeholders need to do to separate out alignment, actions & implementation around emissions reduction goals separate from a 'no overshoot' temperature target. Read the full piece here: Jakob Thomä on... When should investors give up on 1.5C? 30/05/2024 https://lnkd.in/gE8eSRuf Or hear more at Responsible Investor RI Europe in London Conference Join on Thursday 13 June, where Jakob will be moderating a plenary on the drive for 1.5C. https://lnkd.in/eMi_m6YF . Coming up: Want to see where climate progress fits against the big picture? IPR tracks a weights global policy developments each quarter & measures them against our flagship 1.8C Forecast Policy Scenario. Results are reported at our Quarterly Briefinfs. Inevitable Policy Response & Principles for Responsible Investment Quarterly Briefing Webinar: Global climate policy developments - Quarter 2 Wednesday July 10th, 14:00 BST / 15:00 CST Register here: https://lnkd.in/gSKKvU_V #iprforecasts #netzero #transition #investment #quarterlybriefings #webinar #climate #policy https://lnkd.in/gE8eSRuf

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Nature restoration - a billion $ opportunity? At least in Denmark 🇩🇰 ... The new proposed Danish carbon tax on agriculture is no doubt a novel and inspiring move: 🌱 From 2030 onwards, Danish livestock farmers will be taxed effectively 120 DKK / 17 € per tonne of CO2 equivalent, and then 300 DKK / 43 € in 2035 🌱 The law includes significant tax breaks for farmers that reduce emissions. BUT Not to be missed - the proposed legislation is also trailblazing for #naturerestoration and #rewilding! 💡 The proposal includes the launch of a new DKK 40 billion (USD$5.7 billion) "Green Area Fund" targeting initiatives such as afforestation, extraction of low-lying land, strategic land acquisition and subsidies for rewilding. In addition it includes plans to develop 250,000 hectares of forest (of which 100,000 hectares must be ‘untouched’, ie. with no forestry operations) - an almost mind-blowing areal for a small country like Denmark. Nature restoration and biodiversity have immense economical value - and we're now on the financial and regulatory journey to acknowledge that.

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🌎 Climate tech #startups that raised capital last week 👇 With more than 50 deals logged on the Net0 platform last week, we recorded some significant deals. Here's a list of the top seven deals: 🌞Sweden, Stockholm-based Aira, offering air-water heat pumps and solar panel installation services for residential homes, received $217M in debt financing from BNP Paribas. 🔬United States, Denver-based Xcimer Energy Corporation, developing laser-driven fusion technology to provide low-carbon energy, raised $100M in a Series A round from Hedosophia, Breakthrough Energy, Lowercarbon Capital, Prelude Ventures, Emerson Collective, Gigascale Capital, and Starlight Ventures. ♻️Netherlands, Groningen-based BioBTX, producing sustainable drop-in chemicals and aromatics using plastic waste and biomass, raised a total of $86M in Grant, Equity, and Debt financing from Invest-NL, Infinity Recycling, Covestro, Carduso Capital B.V, Dutch Government, and Province of Groningen among others. 🚚Australia, Sydney-based Ofload, connecting small and medium-sized carriers with large shippers through an end-to-end road freight management platform, raised $31M in a Late VC round from Yarra Capital Management, King River Capital, and Jungle Ventures. 🛠️United Kingdom, Bristol-based iCOMAT, offering a manufacturing process for advanced carbon fiber composites, raised $22.5M in a Series A round from 8VC, NATO Innovation Fund (NIF), Solvay, and Velocity.Partners Venture Capital. 🚛United Kingdom, London-based Qargo TMS, offering a software platform designed to streamline logistics for businesses in the transport industry, raised $14M in a Series A round from Balderton Capital. 🔆Germany, Magdeburg-based SOLAR MATERIALS, a cleantech company that recycles silicon solar panels, raised $13M in a Series A round from bmp Ventures, First Imagine!, and Katapult. #climatetech #funding #investments #startups #venturecapital

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Sustainable investing can deliver meaningful ROI when paired with derisking and the SVD framework. This quality-focused approach allows the financial benefits to become an exchangeable commodity, enabling more equitable redistribution. By integrating economic, environmental, and social factors, this systemic design promotes long-term sustainability and resilient growth. What are your thoughts on this integrated approach to sustainable finance? Don't hesitate to contact us! Photo by Jeremy Bishop on Unsplash #OnTheShoulders #sustainablefinance #impactinvesting #derisking #SVDframework

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Next up…. ‘What do natural capital buyers want now and in the future?’ A lot of complexity on this one. BNG - biodiversity net gain. A tangle of policy, measurements, regulations and finance incl TNFD which is a ‘selfish measure for corporates to show they will be able to navigate the environmental transition’ Messages - catchment level thinking, farmer clusters, green funding,and linking Grey Infrastructure projects. Farmers looking at farms with a different lens. What parts are auitable for a TNFD trade? But how to baseline - for say £5k when famers are reluctant to spend on thst - despite buying a combine for £500k to harvest an unprofitable crop. Good question - what about farms that have already been responsible, and improved their land. Should they plough up their land to get a low baseline? Backdating 31st Jan 2020 - so you can go back to then. But really there was no real answer to this. Other than maybe paying more for the harder improvements after the easy wins. This appoach will be rasier in private markets Insurers are involved - to do with the scale and ‘strength of the covenant’ From a recent cluster - private investors like tangible outcomes - like ‘I planted 10 trees” when they are being measured on flood management and watercourse nutrients. Final comments - the future technology could help to track outcomes for investors- blockchain etc. An interesting session. Understanding intangibles, and emotions a clear and pressing need.

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💡 Debt financing emerges as a powerful tool for climatetech startups Climatetech companies are increasingly turning to debt financing alongside venture capital (VC) to fund their projects. This trend goes beyond large corporations like Enpal and Northvolt, and presents a valuable opportunity for startups as well. Here's why debt financing matters for climatetech startups: ➡ Beyond software: Many climatetech solutions involve physical components or hardware. Factoring in debt early helps secure the necessary capital for these aspects. ➡ Specialized skillset needed: Understanding debt structures, covenants, and project presentations requires a different skillset than attracting VCs. Startups considering debt financing may need to adjust their team accordingly. ➡ Hybrid models are key: Combining VC funding with debt or asset-backed securities allows for faster scaling, especially crucial in the rapidly evolving decarbonization space. ➡ Creative business structures: Companies have demonstrated the potential for separate entities within a startup, attracting investors for specific project aspects. ❓ Is there an optimal time for startups to consider their future financing needs? ❓ Will hybrid VC-debt models become commonplace in climatetech? ❓ Which areas of climatetech are best suited for these structures? At Fost, we are happy to discuss with climatech companies on their debt funding challenges ! https://lnkd.in/eRqTxW6m

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Take a look at our handy guide on different nature-based carbon projects and some key points to consider. Make sure you're following the Terra page for more explainers like these.

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We need a new definition of success based on the ability to provide value for people while staying within the planetary boundaries. Talked about that, my privilege of growing up among female role models and my journey with Asha Dahya & Girltalk HQ here. https://lnkd.in/e8FZmfCe

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While ESG investing has encountered increasingly noisy resistance in some parts of the world, the sustainability theme has remained firmly entrenched in one corner of Europe: the Nordics. Shaped by factors including low population density, huge swathes of wilderness and the challenges posed by long, dark and cold winters, not to mention their proximity to the regions among the most vulnerable to the effects of climate change, Nordic society’s recognition of the importance of sustainability has long predated the rise of ESG and CSR as political and commercial themes. In our latest feature below, Real Deals reporter Xhulio Ismalaj takes a deep dive into why Nordic countries have led on environmental sustainability, the pivotal role local LPs have played in furthering the agenda and how ESG has remained a priority despite tougher macro conditions. Special thanks to the contributors: - Fredrik Franke, head of sustainability at Norvestor    - Emelie Norling, impact director at Summa Equity - Frida Einarson, head of investor relations at Verdane #PrivateEquity #Nordics #ESG #Environment #Sustainability

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Is your portfolio positioned for climate transition? And how can you align it with climate goals? According to a NASA analysis, 2023 was the warmest year in human history with global temperatures being 1.4 °C higher than pre-industrial times. Adapting portfolios to address these climate risks is crucial in a transitioning economy. Our upcoming webinar on June 18 offers insights on investment themes, progress in climate transition, energy sector trends, and practical portfolio management examples. Register here to better manage your portfolio through the transition: https://bit.ly/45aYMIm Tobias Wolf Philipp Weber Matthieu Mougeot, CAIA Remo Aerne, CFA Andrew Lilley

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Climate tech funding: biggest CDR deal and more renewables! Stockholm Exergi signs 3.33M ton permanent CDR contract with Microsoft, largest in market The agreement represents the world’s largest permanent removals deal to date. The deliveries of the carbon removal certificates to Microsoft are planned to start in 2028 and continue for a period of ten years. Will be from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The plant will permanently remove up to 800,000 tonnes of CO₂ from the atmosphere per year. Pine Gate Renewables announces a $650 million total investment from Generate Capital The investment provides funding to accelerate Pine Gate’s work as a national developer, owner, and operator of clean energy projects and will support the financing of an incremental three gigawatts (GW) of clean energy infrastructure by 2025. Pine Gate’s operational fleet includes over 100 solar facilities accounting for more than two gigawatts (GW) of installed capacity and it has over 30 GW of projects in development. Developer energyRe gets US$240 million for solar-plus-storage project Will fund the 108MWdc/198MWh Lone Star solar-plus-storage project in South Carolina. Bank of America provided a $85 million tax equity commitment, while Santander committed a $155 million for project financing. The latter includes construction debt, a tax equity bridge facility and a letter of credit facility. AiDash Closes its oversubscribed Series C funding round at $58.5 Million Round drew in additional investors, including leading PE firm The Lightsmith Group Group, Marubeni Corporation, Duke Energy Corporation, and Sabancı Ventures. It positions the company to successfully execute on its global growth ambitions. AiDash is an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI. More big moves. Microsoft really going big in its commitment to clean energy and decarbonization. And another successful growth round in climate tech, which is very encouraging! Links to sources are in comments. #renewableenergy #privateequity #venturecapital #startups #sustainability

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READ: Our current economic models often fail to account for natural capital. But what is natural capital - and how can it be valued? In our new blog, we examine: ✅ How assigning a monetary value to ecosystems and biodiversity means we can calculate the true cost of economic activities ✅ Why solar energy offers an excellent case study for the valuation of natural capital ✅ How the concept of natural capital offers a path to aligning our corporate and individual behaviours to the environments in which we operate 🔗 Tap link below to read the blog in full: https://lnkd.in/eX52nTEx

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It takes 50 years to reabsorb deforestation emmissions! You often hear/read me drone on about the critical importance of avoidance carbon credits, particularly in the context of avoided deforestation. Steve Zwick elegantly summarised why those in the nature based solutions space insist on avoidance credits, citing this 2019 paper from Nature: One hectare of deforestation emits 355 tons of CO2 (all at once). One hectare of reforestation absorbs 6.7 tons of CO2 per year. In other words, it will take 50 years for newly planted trees to reabsorb the carbon released by every hectare deforested today. Reforestation is great, but stopping deforestation and degradation is critical. When you find yourself in a hole and want to get out: first, stop digging. https://lnkd.in/eyjqSEED

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SEE WHAT CLIMATE CHANGE IS DOING IN FINLAND #ClimateChange #Climate #Finland #Helsinki https://lnkd.in/erCNP_Gv

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