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reNews: Net zero-focused venture fund launches

Dr Chris Coleridge, Senior Faculty in Management Practice at Cambridge Judge Business School, comments about a new fund launched in UK. The new fund will focus on innovation “to deliver the UK’s net zero goal.”

“Net Zero is the biggest opportunity of the next 50 years,” Chris said. “What the venture capital world is beginning to wake up to is that the investment opportunity posed by climate change is not like the internet, a general-purpose technology that has rolled out, steam-engine-like, through the economy, incrementally changing everything it penetrates; it’s more like a world war, where society’s awareness of the threat it’s under creates a prolonged and intense engagement of the private sector’s capital and its capacity for innovation.”

Read the full article [renews.biz]