Reversing Climate Change Alternatives to Venture Capital for Carbon Removal—w/ Dr. Marcius Extavour of XPRIZE
To facilitate carbon removal at gigaton scale, we need investors to put their money in climate solutions.
But VCs are often used to investing in in bits, not atoms. Climatetech hardware is more expensive and more challenging to replicate than software in many cases. And it’s more challenging to achieve orders of magnitude growth in a physical environment than a digital one.
So, what is the best way to finance climate solutions?
Dr. Marcius Extavour, PhD, is Chief Scientist and EVP of Energy and Climate at XPRIZE, a nonprofit that facilitates large-scale global competitions to crowdsource solutions to the world’s greatest challenges.
On this episode of Reversing Climate Change, Dr. Extavour joins Ross, Siobhan, and Asa to explore the current landscape of climatetech investment and explains why he wants to see more women and underrepresented minorities in the capital system.
Dr. Extavour discusses the carbon removal projects that are farthest along in terms of capitalization and describes the opportunities for traditional finance to fund climate solutions.
Listen in for Dr. Extavour’s insight on applying the spirit of collective action from crypto to the climate space and learn how you might participate in funding climate solutions.
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