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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

The first few days of COP have ushered in a wave of major announcements and funding pledges. Al Jaber as Chairman of Alterra, and also host of COP28, has already stirred controversy due to his role as President of ADNOC and rumored intention to broker fossil fuel deals during COP. A well-Time(d) profile on Sultan Al Jaber leading COP.

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? Blackrock’s $550M DAC bet #174

Climate Tech VC

Meanwhile, Michigan approves a bundle of clean energy bills, the UN irons out details for the "loss and damages" fund ahead of COP, and Flexport launches a book and claim model for SAFs.    In other news, project cancellation woes abound with NuScale canceling its first-of-a-kind SMR project.

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

Fortescue unveiled a green ammonia dual-fuel ship at COP. See full listings and deal analytics on Sightline Climate Request a Sightline Climate demo In the News Hertz announced plans to sell a third of its U.S.   A cool $500M Stanley Cup , icing down to save the glaciers.     Can’t get enough deals?

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🌎 The UN gives (carbon) credit where it’s due #223

Climate Tech VC

  We’ll spare you the obligatory “ good COP, bad COP ” joke, but this week, we’ve got a deep dive into the UN’s biggest move at COP29 so far: the approval of Articles 6.2 This approach could set a precedent for bypassing negotiation processes in future COPs, adding uncertainty to the framework.

Carbon 52
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🌏 We want to hear from you! #230

Climate Tech VC

  🏠 Bedrock Energy , a Los Angeles, CA-based geothermal heating and cooling developers, raised $12m in Series A funding from Energy Impact Partners, Sustainable Future Ventures, and Titanium Ventures.    Good COP?   Can’t get enough deals? See full listings and deal analytics on Sightline Climate.