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“Europe is known for bringing out fantastic innovations backed by venture capital and positive regulation for climate change (addressing it) and consumer support for it. However, there’s a problem: we need to deliver 50 billion tonnes of CO2 reduction by 2050, and that's where the VC strategy of long-term investment and working together with companies works really well.”
The Venture Capital strategy of longterm investment and working together with these companies works really well.
My name is Nityen Lal, I'm managing partner of iOS Capital we are focused on energy transition and climate crisis Europe is known for bringing out fantastic Innovations backed by venture capital for example you have companies like revolute Spotify biion Tech they are big success stories what's also interesting is Europe is also known for having positive regulations for climate change addressing that and there's also a consumer support for it this makes Europe an fantastic environment however there is a problem that we all need to deliver 50 billion tons of reduction CO2 by 2050 according to Paris agreement that's where the Venture Capital strategy of longterm investment and working together with these companies works really well we work with these companies we deliver value we introduce them to corporations we help them scale and we work together this is the strategy and goal for Venture Capital industry in the climate tech industry what we have is not enough because the target is ominous we need to do everything so the regulations need to be sharper the investors need to step up it is is an item where everybody is going to be impacted so we need to do a more and that is uh that is that would be my principal message that you have to continue to do more to address the climate change because it's important.
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