The Keep Cool Podcast S7 Ep3: Pioneering climate-positive lending, with Ravi Mikkelson of Atmos
5 snips
Nov 9, 2023 Ravi Mikkelson, CEO of Atmos, revolutionizing fintech infrastructure to make climate-positive lending solutions available to consumers (and banks!). Topics include financing solar with bank mortgages, technical challenges in climate tech banking, transitioning to a clean electrified economy, concrete KPIs for a sustainable future, and appreciation for climate-positive lending.
AI Snips
Chapters
Transcript
Episode notes
Banking As A Climate Lever
- Atmos is a climate tech company that functions like a bank, connecting borrowers, banks, and installers via software.
- The platform lets individuals move deposits to fund clean energy loans and influence banking capital allocation.
Early Epiphany And A Finance Lesson
- Ravi traced his climate focus to a freshman epiphany at University of Washington that set his life mission.
- Early startup experience showed him finance was a structural barrier for small profitable projects.
Soft Costs Block Residential Progress
- Residential solar lagged utility gains because of soft costs like sales, permitting, and finance.
- Shifting trillions in bank lending toward distributed electrification is critical to meet IPCC deployment needs.