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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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🌏 Live from New York (Climate Week)

Climate Tech VC

Founders showed sci-fi-like tech at demo days, while artists premiered climate-focused films at New York City's first climate film festival. New York’s hottest club is New Climate Futures, NewLab’s demo day. NewLab tech demo exhibitioner Werewool uses synbio for textile dying. Photo via Sophie Purdom.

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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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🌍 ICYMI at NYCW #216

Climate Tech VC

The DOE announced $1.3bn in funding for demo-scale and large-scale carbon capture projects that enable industrial decarbonization. What we heard off-stage NYCW attracted more participants than usual this year, as many are skipping this year’s COP in Azerbaijan.   Can’t get enough deals?

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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.     Can’t get enough deals?

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? NY Climate Week debrief

Climate Tech VC

While NYCW has been around for more than a decade , this year the vibe of ~10x the participants and well-curated mini-conferences alongside official UN programming felt almost like a Davos or a mini-COP (which, depending on your take on the efficacy and impact of COP, could be a good or bad thing).

COP 65
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🌎 The lithium jackpot in Smackover #220

Climate Tech VC

Request a Sightline Climate demo In the News The Federal Aviation Administration announced regulatory approval for electric vertical takeoff and landing aircrafts (eVTOLs) , as well as pilot training and operating rules. Delegates cross-pollinated conservation ideas at the biodiversity COP last week in Colombia.

Lithium 59