

[The Swell] What LPs Really Want from Climate Funds
Brought to you by:
Accelerating Impact - an independent non-profit advancing impact finance by mobilizing capital toward sustainable development and running free accelerator programs for emerging fund managers (ICFA, ISFA). Join for expert coaching, training, financial support, and a strong peer community. Contact them here.
***
🌊 The First Swell Has Arrived
We’re kicking off with Carolina Echecopar, investor at Carbon Equity, a fund-of-funds unlocking access to climate venture capital.
If you’re building or raising a climate fund in Europe, this one’s for you.
We dive into the brutal fundraising reality, what LPs look for beyond the deck, and why some climate VCs might not make the next wave.
In our conversation, we cover:
What LPs really look for in early-stage climate funds
The minimum viable track record (and what counts as proof)
Europe vs. US LP sentiment, who’s still writing checks?
Carbon Equity’s full due diligence checklist
The branding debate: is “climate tech” becoming taboo?
Lessons from investing in 250+ companies and 20+ funds
If you’re a GP building or raising in climate tech, this one is for you.
***
Reach out to Carolina:
Carbon Equity - Do good by investing better
***
🌊 Next Swell Incoming
Don’t miss our next deep dive with Terhi Vapola, Founding Partner at Greencode Ventures.
***
Leave a review✨
Apple Podcasts - https://shorturl.at/HIDcg
Spotify - https://shorturl.at/yDTfR
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit climateventuresvco2.substack.com