Enduring Planet reposted this
𝐁𝐫𝐢𝐝𝐠𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐆𝐚𝐩. That’s the topic of the latest 𝘗𝘶𝘳𝘱𝘰𝘴𝘦 𝘢𝘯𝘥 𝘗𝘳𝘰𝘧𝘪𝘵 episode, and frankly this is a topic that everyone needs to be discussing right now. We are building things that have never been built before. We are solving challenges that have never been solved before. Addressing climate change requires 𝘴𝘶𝘣𝘴𝘵𝘢𝘯𝘵𝘪𝘢𝘭 financial investment. US Secretary of the Treasury Janet Yellen suggests that achieving net-zero emissions by 2050 necessitates 𝐚𝐧𝐧𝐮𝐚𝐥 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐚𝐩𝐩𝐫𝐨𝐱𝐢𝐦𝐚𝐭𝐞𝐥𝐲 $3 𝐭𝐫𝐢𝐥𝐥𝐢𝐨𝐧. 𝘏𝘰𝘸𝘦𝘷𝘦𝘳, in their own study, Moody's Corporation states that current funding levels fall significantly short, with 𝐚 𝐠𝐚𝐩 𝐨𝐟 𝐚𝐛𝐨𝐮𝐭 $2.7 𝐭𝐫𝐢𝐥𝐥𝐢𝐨𝐧 𝐩𝐞𝐫 𝐲𝐞𝐚𝐫 projected by 2030. This shortfall hampers efforts to mitigate climate impacts and underscores the need for increased investment from both public and private sectors to build a sustainable future. My guest this week brings one solution to the table. Dimitry Gershenson is the CEO and co-founder of Enduring Planet, a fintech platform that offers founder-friendly working capital and financial advisory services to climate startups and SMEs. Prior to Enduring Planet, Dimitry led M&A and served as COO for Rango Wireless, an Enduring Ventures portfolio company. Before that, Dimitry built Meta's Energy Access program, a $15M+ investing initiative that enabled energy access for 3M people and unlocked nearly $500M in additional capital in underserved markets like Kenya and India Beyond his role at Enduring Planet, Dimitry sits on the board of Ecosafi, the Better Cooking Company , a Lowercarbon-backed climate startup enabling clean cooking in emerging markets. 𝐈𝐧 𝐭𝐡𝐢𝐬 𝐞𝐩𝐢𝐬𝐨𝐝𝐞 𝐰𝐞 𝐝𝐢𝐬𝐜𝐮𝐬𝐬: ✅ What bridge financing is ✅ The different financing tools available for climate tech start-ups ✅ Why Enduring Planet started offering bookkeeping and fractional CFO services to climate start-ups You can listen to the podcast on your favorite platform. #purposeandprofit #purpose #podcast #esg #csr #sustainability #impact #climate #climatecrisis #finance #investment #funding #credit #government #climatetech
This was so much fun! Thanks for having me on Kathy Varol!
Purpose Strategy Expert | Speaker | The Shift Coaching | Board Member | Purpose and Profit Podcast
2wHere's a link to the episode: https://podcasts.apple.com/us/podcast/dimitry-gershenson-on-extending-credit-to-climate-tech/id1553541246?i=1000679196582