Our managing partner Rob Genieser sat down with Financial Times to discuss the race to cut carbon emissions and the climate tech boom this is fueling.
“A lot of companies have signed up to sustainability targets and the only way they’re going to get there is to work with next-generation technologies, a lot of which are being pushed by start-ups. If you really want to achieve your aims, and you don’t just want to buy carbon offsets, then you have to fundamentally change the way your business is done,” he says. “I think start-ups are showing the way in that respect.” – Rob Genieser, managing partner, ETF Partners.
Climate tech is a broad concept and the solutions that entrepreneurs are developing are numerous and varied. So, which industries look set to benefit the most from climate tech innovation?
Genieser highlights shipping as a good example. “The industry transports a large percentage of the world’s goods and there’s pressure on it to decarbonise,” he says. Regulators are introducing emissions targets and fast-rising fuel prices mean there is a growing economic incentive to reduce consumption, too. Start-ups are therefore working on cleaner, lower-carbon fuels for ships, as well as tools to optimise routes. There have also been some advances in electric ships.”
Thanks to Freya Pratty for including Rob Genieser in this well informed and insightful piece!
Read the article in full in the Financial Times HERE.